APP:CC - GCAC's Efixii Uplift Surpasses $1M in Cannabis & CBD Products
(TheNewswire)
App Coupons Total Value Locked Exceeds $200,000
Vancouver, British Columbia, Canada– TheNewswire - December 21, 2023 –Global Compliance Applications Corp. (GCAC) announced today that theTotal Value Locked (TVL) in Efixii-blockchain coupons has now exceededUSD $200,000. GCAC’s recent brand-acquisition initiatives haveprovided over 36,000 new cannabis and CBD product discount couponsinside the Efixii Uplift consumer app, with GCAC earning an average of30% commission from its client brands for every coupon redeemed in theapp.
GCAC is a one-stop digital coupon shop that savesveterans and other consumers money on cannabis and CBD products, whichmay also have Efixii-blockchain verified seed-to-sale lifecycleinformation. With its client brand and retail networks, GCAC makescannabis products more affordable by delivering money-saving couponsdirectly to the consumer Efixii Uplift app as non-fungible tokens(NFT).
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Consumer : No more expiredinternet coupon codes that don’t work at online checkouts, orexpired paper coupons at the store, Efixii Uplift coupons work bothonline and in-store, just scan and save.
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Brand : Brands and retailersbenefit from using Efixii-blockchain technologies as a way to improvecustomer satisfaction, reduce marketing costs, and gain insightfulconsumer and product-use data.
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GCAC : Every batch of a brand’scoupon codes published in the Efixii Uplift app earns GCAC an averageof $1.5 on redemption.
With an extended military/veteran population of around75 million in the USA, and an insured value of $5,000 per person meansthat over $300 billion is spent annually by veterans on medication andtreatments that may include cannabis [1]. Efixii’s Citizen GreenProject [2] aims to bring efficiencies and savings in buying cannabisand CBD products to this market and also plans to expand affordablecannabis and CBD products to friends and families of veteransthroughout the USA and Canada.
GCAC CEO Brad Moore emphasizes, “Our key marketingfocus in the second half of the year was to onboard cannabis and CBDbrands to offer discounts to consumers using the Efixii Uplift app.Brands come first, and consumers follow. Our brand targeting isworking well, as seen by our awesome growth in TVL, and the tractiongains in our core user group, veterans.” He continued, “For 2024,we look forward to continuing to expand our brand base, provide couponvalue to our veterans, grow our core user groups, and, of course,bring value to our loyal shareholders, without whom none of this wouldbe possible.”
[1] worth.com
[2] https://efixii.io/patent-summary/
#TVL #NFT #Ethereum
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. GCAC serves as a one-stop digital- coupon shop that saves users money on cannabis and CBD thathave Efixii-blockchain verified seed to sale lifecycle information. GCAC also created clearESG to assist businessesin communicating their sustainability goals and earned attributes onthe blockchain through a series of ESG (Environmental, Social &Governance) merit badges. As an interconnected supply chain solution,Efixii awards tokens for attesting to a product's value. GCAC works inmany agricultural industries providing a value-added blockchainoffering through a cost-effective SaaS licensing model.
For more information, please visit globalcompliance.app , or review its profile on sedar.com and the Canadian Securities Exchange thecse.com .
GCAC Press Contact
+1 (800) 409-5679
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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