APP:CC - GCAC Expands Both US Reseller Channel and Direct Sales Team
(TheNewswire)
US operation is growing to deal with increased demandfor its ESG & blockchain products.
Vancouver, British Columbia, Canada – TheNewswire - July 14, 2022 – GlobalCannabis Applications Corp. (“ GCAC ” or the “ Company ")(CSE:APP ) , ( FSE:2FA ) , ( OTC:FUAPF) is pleased to announce the addition of Kate O'Harato its new operating company, GCAC North America (“GCAC NA”) salesteam and the signing of a reseller agreement with CannaWaste RecyclingLLC (“ CannaWaste ”), a Maine LLC company on July 12, 2022. GCAC NA will bethe Company’s wholly-owned US-based entity following the acquisitionof ESG technology company WasteTrackr [1].
CannaWaste Recycling is an established professionalwaste management firm leading the way for cannabis waste solutions inMaine. "This new partnership allows CannaWastes clients to usethe full power of Efixii’s Level 2 Blockchain without spending thehuge amount of capital and time it takes to create it,” says StevePeterson, President of GCAC NA. “Furthermore, it allows CannaWasteclients to tell their clean waste management story to itsconsumers."
Adding to GCAC NA direct sales team is Kate O’Hara. Kate is a serial entrepreneur, investor and start-up specialist. Her experience highlights her expertise in blockchain, track &trace technology, SaaS, farming, industrial hemp, hospitality, andhealthcare. As a pioneer in disrupting the industrial hemp,cannabis, agriculture and technology industries, her ability to graspchallenges and deliver solutions makes her an excellent addition tothe team. Kate's skills soundly round out the future direction ofthe Company in its rebranding as a true Web 3.0 solutions provider[2].
Efixii is licensed agritech tofarmers/cultivators/manufacturers in a SaaS model and is a free-to-useapp for consumers. All agricultural products sold through thesoftware generate a new sales-commission revenue stream for theCompany. 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 updateits Patents and Trademarks as it enters new verticals.
[2] https://newsroom.globalcompliance.app/216422-gcac-announces-change-of-name
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 quicklyconnect each participant from product producers, distributors,manufacturers and retailers through a series of value chain dApps thatallows for data connectivity to drive better consumer experiences andsales. GCAC created clearESG to assist businesses in communicatingtheir sustainability goals and earned attributes on the blockchainthrough a series of ESG (Environmental, Social & Governance) meritbadges. As an interconnected supply chain solution, the Efixiisolution pays tokens for attesting to a product's value, or truthness,through a reward program. GCAC works in many agricultural industriesproviding a value-added blockchain offering through a cost-effectiveSaaS licensing 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 ofthe Company believes that the expectations and assumptions on whichsuch forward-looking information is based are reasonable, unduereliance should not be placed on the forward-looking informationbecause GCAC can give no assurance that they will prove to be correct. Forward-looking statements contained in this news release are madeas of 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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