APP:CC - GCAC Creates Veterans Advisory Board for Cannabis Market
(TheNewswire)
Former Special Forces Operator to lead Citizen Greenteam
Vancouver, British Columbia, Canada, July 20, 2022 –Global Compliance Applications Corp. (“ GCAC ” or the“ Company ") (CSE:APP ) , ( FSE:2FA ) , ( OT C :FUAPF) is pleased to announce thatJeff Depatie, as head of its new Veteran Advisory Board for its jointventure with Comsol.
As announced on June 9, 2022, GCAC and Comsol arejoining forces to provide medical cannabis cultivated to Canadianveterans [1]. The new entity named Citizen Green is being hailed as aninnovative way to provide premium cannabis grown using the Company'spatented pending Efixii software.
Jeff Depatie served 15 years in the Canadian ArmedForces (CAF), starting in the airborne infantry, then being acceptedinto Canada’s elite special forces unit, Joint Task Force 2 (JTF2),as an assaulter and sniper [2]. After multiple deployments, Depatieleft the military and formed the Special Forces Experience (SFE), acommunity made of a collective of individuals rooted in the beliefthat challenge and adversity can be a springboard for growth in allaspects of life [3]. As with his objectives in building the SFE,Depatie will take a direct role with the Citizen Green management teamto construct veteran communities that honour integrity, wisdom,service and personal growth. Depatie brings a unique perspective onhuman optimization processes and will provide tools to veterans withinthe Citizen Green environment. As part of his responsibility, Depatiewill join GCAC CEO, Brad Moore, helping share the message to theveteran community.
Veterans Affairs Canada reimburses authorized veteransup to 3 grams per day of dried cannabis or the equivalent in freshcannabis, edible cannabis, cannabis extracts (including cannabis oil)or cannabis topicals [4]. Over 15,000 veterans use this program, andthe Canadian government covers $117M in cannabis prescriptions.
States GCAC's CEO Brad Moore, "Jeff bringsexpertise and insights to Citizen Green that fit perfectly with ourproduct and technology solutions. Jeff and I, as veterans, believethat providing cannabis medication without the tools to do the‘work’ to make government money is irresponsible. CitizenGreen’s goal is to provide better outcomes for the troops. ProPatria”
Efixii is licensed agritech tofarmers/cultivators/manufacturers in a SaaS model and is a free-to-useapp for consumers. All agricultural products sold through the softwaregenerate a new sales-commission revenue stream for the Company.Efixii's agricultural data is the intellectual property("IP") of GCAC. This IP creates an inherent difficulty inreplicating or competing with GCAC's agricultural datasets. GCACinitially defined their protocols in a provisional US patentapplication for the cannabis industry, 'System of Process and TrackingCannabis Products and Associated Method Using Blockchain, ' filed withthe USPTO on Dec. 17, 2020. The Company constantly works to update itsPatents and Trademarks as it enters new verticals.
[1] https://newsroom.globalcompliance.app/215340-gcac-and-cultivator-joining-forces-to-provide-efixii-cultivated-cannabis-to-canadian-veterans
[2] https://www.youtube.com/watch?v=A5_IbxfB1ZA
[3] https://thespecialforcesexperience.com/
[4] https://www.veterans.gc.ca/eng/about-vac/legislation-policies/policies/document/2461
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, manufacturersand retailers through a series of value chain dApps that allows fordata connectivity to drive better consumer experiences and sales. GCACcreated clearESG to assist businesses in communicating theirsustainability goals and earned attributes on the blockchain through aseries of ESG (Environmental, Social & Governance) merit badges.As an interconnected supply chain solution, the Efixii solution paystokens for attesting to a product's value, or truthness, through areward program. GCAC works in many agricultural industries providing avalue-added blockchain offering through a cost-effective SaaSlicensing model.
For more Company information, please visit www.globalcompliance.app , or reviewits profiles on www.sedar.com and on the Canadian Securities Exchange's website www.thecse.com .
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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