APP:CC - GCAC and THINGBLU to Offer Cannabis & Hemp Growers Ability to Add Grower Business Intelligence Data to the Blockchain
(TheNewswire)
Partnership part of Company’s 2022 ESG based Supply Chain technologyinitiative
Vancouver, British Columbia, Canada– TheNewswire- May 10, 2022 – Global CannabisApplications Corp. (" GCAC" or the" Company" ) ( CSE:APP ) , ( FSE:2FA ) , ( OTC:FUAPF ), a leadingmedical cannabis chain-of-custody compliance and data platform,announce that ThingBlu, Inc. (“TB”) will be partnering to help clientscapture “Harvesting Insights” in the Efixii software platform andthe new “ clearESG ” to enable growers andmanufacturers to document the environment product was grown in andmaterial tasks completed for full transparency on theblockchain.
ThingBlu, based in Kirkland WA, is a cloud-basedplatform solution that provides Workflow Management and DataManagement tools that offers owners & managers’ operationalvisibility and control. Visibility of all employee tasks, associateddata generated, as well as the ability to communicate and share thisdata with other systems. ThingBlu BI data will allow growers toshare on the blockchain data such as nutrients used, avg temp andhumidity and plant inspections tasks to add in the transparency.
CEO Bradley Moore stated “Blockchain continues toprovide a platform where companies like ThingBlu’s clients can shareadditional information with the consumer that evidenced theircommitment to quality. In addition, the new Efixii “clearESG”product will help provide evidence of certifications and the stepstaken to ensure compliance by the grower’s workforce”.
Kevin Gorman, Founder and CEO of ThingBlu Inc. noted,“From the first time I met the GCAC team in Las Vegas in October2021, I could see the impact of the eco-system GCAC was creating forsupply chain management and ESG (Environment, Social and Governance)reporting. Transparency starts with the employees and the detailedinformation of the steps they take, that are often not seen by theconsumer, that make a huge impact in the final product. Wateringschedules, temperature and insect control, eyeballing every plant on aregular basis all are critical steps in delivering a beautiful livingfinal product.”
Efixii is licensed to cultivators in a SaaS model andis a free-to-use app for cannabis consumers. All cannabis sold throughthe Portal generates a new sales-commission revenue stream for GCAC.Efixii’s cannabis data is the intellectual property (“IP”) ofGCAC. This IP creates an inherent difficulty in replicating orcompeting with GCAC’s cannabis datasets. GCAC defined theirprotocols in a provisional U.S. patent application, ‘System ofProcess and Tracking Cannabis Products and Associated Method UsingBlockchain’ filed with the USPTO on Dec. 17, 2020.
About ThingBlu Inc.
ThingBlu’s Workflow Management gives the grower thepower to assign, monitor, and manage all daily tasks. Creation of bestbusiness practices, and clearer operational visibility provide greateragility to make data informed decisions. Employees are more engaged,more efficient, reducing turnover. Tasks are monitored in real time,from any location, to ensure they performed according to set SOPs andin an efficient manner. More info at thingblu.com
About Global Cannabis ApplicationsCorp. “GCAC”
GCAC is a global leader in designing, developing, SaaSlicensing and acquiring innovative data technologies for the medicalcannabis industry. The Citizen Green and Efixii platforms are theworld's first end-to-end - from patient to regulator - medicalcannabis data solutions. They use six coretechnologies: mobile applications, artificial intelligence, RegTech,smart databases, Ethereum blockchain and GCAC smart rewards. Thesetechnologies transparently disclose cannabis chain-of-custody events,enabling patients to provide crowd-sourced medical cannabis efficacydata. Driven by digital and cannabis industry experts, GCAC is focusedon generating revenue from SaaS licensing its technology and acquiringhigh-quality cannabis datasets that improve patient outcomes andbecome the world’s largest cannabis efficacy data provider.
For more Company information, please visit www.cannappscorp.com , or review itsprofiles on www.sedar.com and on the Canadian Securities Exchange's website www.thecse.com .
PressContact
Phone: +1 (800) 409-5679
Email: info@cannappscorp.com
Forward-Looking Information
This news release mayinclude forward-looking information within the meaning of Canadiansecurities legislation concerning the business of GCAC.Forward-looking information is based on certain key expectations andassumptions made by the management of GCAC. Although management of theCompany believes that the expectations and assumptions on which suchforward-looking information is based are reasonable, undue relianceshould not be placed on the forward-looking information because GCACcan give no assurance that they will prove to be correct.Forward-looking statements contained in this news release are made asof the date of this news release. GCAC disclaims any intent orobligation to update publicly any forward-looking information, whetheras a result of new information, future events or results or otherwise,other than as required by applicable securities laws.
The CanadianSecurities Exchange has not reviewed and does not acceptresponsibility for the adequacy and accuracy of thisinformation.
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