APP:CC - GCAC and US Hemp Brokerage Expand Channel Partnership
(TheNewswire)
Efixii Uplift Coupons to offered tomultiple national brands
Vancouver, British Columbia - TheNewswire - July 13, 2023 - Global Compliance ApplicationsCorp. (“GCAC” or the“Company”) (CSE:APP ) ( FSE:2FA ) ( OTC:FUAPF), a leading chain-of-custody compliance and data platform, ispleased to announce the signing of a Value Added Reseller Agreementwith US Hemp Brokerage LLC (USHB), further strengthening theirexisting partnership [1]. USHB, a leading brokerage service in thehemp industry, will now have the opportunity to offer Efixii Web 3.0solutions, including the innovative Uplift NFT coupons, alongside thepreviously agreed clearESG program.
With a long-standing reputation as a trusted broker, USHemp Brokerage [2] has played a vital role in connecting buyers withsuppliers across various industrial categories within the hemp sector.Through their four divisions, focused on branded and raw cannabinoid(CBD) products, as well as non-cannabinoid materials like hemp Hurdand HempWood, USHB has established itself as a prominent player in theindustry.
Over the years, US Hemp Brokerage has successfullyfacilitated the sale of over $25 million worth of hemp, while alsoprivate labelling more than 75 CBD brands and several non-CBD brands.Their expertise extends to building materials, addressing thehospitality industry's needs with a diverse portfolio that includesalternatives to paper and plastic, flooring solutions, and wallcoverings.
As a diligent third-party verification firm forsustainability metrics in the hemp industry, USHB is activelygathering ESG (Environmental, Social, and Governance) data for all itsclients. By integrating the Company’s clearESG program [3], US HempBrokerage enhances its core marketing initiatives, leveraging verifiedsustainability metrics to strengthen brand positioning and consumertrust.
Under the new Value Added Reseller Agreement, USHB willnow be able to provide its hemp brands with the exclusive Upliftcoupon program. Uplift, an innovative customer loyalty and rewardsprogram, introduces a groundbreaking feature: the Non-Fungible Token(NFT) coupon. By issuing one-of-a-kind blockchain-based coupons asNFTs, brands can offer consumers tangible cash discounts on a diversearray of products and services. These unique coupons can be easilyredeemed at participating retailers, creating a surge in foot trafficand stimulating greater consumer engagement, as such meeting USHBsales goals to its clients.
Says GCAC CEO, Brad Moore “This partnership providesus with the selling resources we need to meet demand for all EfixiiWeb 3.0 offering, including clearESG and Uplift coupons. It is a clearindicator of the growth of the company and the trajectory we areon.”
Furthermore, US Hemp Brokerage's brands will becomepreferred product partners in the Citizen Green Project, qualifyingthem to earn Citizen Green Tokens [4] for making truthful attestationsto the Efixii blockchain. This partnership further strengthens thecommitment to transparency, sustainability, and responsible businesspractices within the hemp industry.
[1]https://newsroom.globalcompliance.app/217057-gcac-us-hemp-brokerage-llc-execute-reseller-agreement-to-provide-sustainability-efficacy-for-hemp-industry
[2] https://ushempbrokerage.com/
[3] https://clearesg.app/
[4]https://newsroom.globalcompliance.app/227875-gcac-announces-cgvet-token-stake-amp-earn-program-with-200-apy
About Global C ompliance Applications Corp. “GCAC”
GCAC is a global leader in designing and developinginnovative blockchain technologies and machine learning solutions toimprove real-world businesses. GCAC's leading solution is Efixii, anEthereum Layer 2 blockchain and EVM programming functionality that ison par with other Layer-2's, such as Polygon. GCAC can quickly connecteach participant from product producers, distributors, manufacturers and retailers through a series of value chaindApps that allows for data connectivity to drive better consumerexperiences and sales. GCAC created clearESG to assist businesses incommunicating their sustainability goals and earned attributes on theblockchain through a series of ESG (Environmental, Social &Governance) merit badges. As an interconnected supply chain solution,the Efixii solution pays tokens for attesting to a product's value, ortruthness, through a reward program. GCAC works in many agriculturalindustries providing a value-added blockchain offering through acost-effective SaaS licensing model.
For more Company information, please visit www.globalcompliance.app , or review its profileson www.sedar.com and on the Canadian Securities Exchange's website www.thecse.com .
About CGVET Token
CGVET is a token/coin with no intrinsic value orexpectation of financial return. The coin is for entertainmentpurposes only. CGVET tokens shall only be issued to brand and retailerbusinesses that have successfully undergone Know Your Customer (KYC)and Anti-Money Luandering (AML) checks as performed by the Company orits designated service providers. The Annaul Percentage Yield (APY)rates are set by the Company at its sole discretion and may changewithout notice. The APY increases depending on how long the tokens arelocked for, and the yield is currently set at 3.1% for 1 month, 8.7%for 2 months, 16.1% for 3 months, 25.4% for 4 month, 36.6% for 5month, 50% for 6 months, 65.9% for 7 months, 84.6% for 8 month, 106.8%for 9 month, 132.8% for 10 months, 163.6% for 11 months, and 200% for12 months. See CGVET APY rates at https://cross-fi.finance/ .
GCAC Press Contact
Phone: +1 (800) 409-5679
Email: info@GCAC.tech
www.globalcompliance.app
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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