FUAPF - GCAC Signs Uplift Licensing Agreement with Premium Ohio White Label Cannabis Processor
(TheNewswire)
Agreement provides Efixii NFT coupons for Ohio’s 21K+veterans
Vancouver, British Columbia – TheNewswire - Canada, August 3, 2023 – GlobalCompliance Applications Corp. (“GCAC” or the “Company”)(CSE:APP ) ( FSE:2FA ) ( OTC:FUAPF), a leading chain-of-custodycompliance and data platform, is pleased to announce a licensingagreement with BENELEAVES LIMITED [1], a friends & family-ownedand licensed Cannabis processing business located in Columbus, OH. Beneleaves is a licensed white-label producer in Ohio, offering itsservices to multiple premium cannabis brands, including renownedbrands like Smokiez, Black Buddha Cannabis, Mary's Medicinals,Sugar-Free Gummies from Chew and Chill and several others. Byleveraging the Uplift app and NFT coupons, BeneLeaves’s goal is tohelp provide discounts to the State’s veterans that are registeredcannabis users and assist those veterans that have not started theircannabis journey with proper education.
A new study [2] published in Clinical Therapeuticsfound that 91% of military veterans who use medical cannabis said ithas improved their quality of life. In addition, a U.S. House ofRepresentatives amendment [3] was voted on last week to the federalNational Defense Authorization Act (NDAA) that would end theprohibition on VA providers helping veterans to access state-legalmedical cannabis programs.
The Citizen Green Project [4] in partnership withveteran non-profit organizations, such as Veterans Ending the Stigma[5], created an initiative to provide free online education anddiscount NFT coupons for all veterans. The program, created byveterans for veterans, was initially launched in Canada and is now inOhio with an eye on expanding to all legal medical cannabis states toservice the 12M+ US vets.
BeneLeaves President Bill Williams noted “We are apatient-focused business that wants to help Veterans with theircannabis wellness journey. Using the Uplift app to reach our patientswherever they are in the State and help provide financial savings andinspiration was aligned with our values. We are excited to be part ofthis innovative program and help reach this community in a dignifiedand respectful manner. Coupons digitally placed in the free app ofqualified patients enable them quickly to see savings available andreduce the time of hunting for discounts. In addition, the appenables us to hear anonymized feedback from the patient, which ourbrands will love.”
GCAC will receive a fixed percentage of the redeemedUplift coupon value whenever a customer uses a coupon at participatingdispensary locations. Beneleaves products are in over 90+% of Ohiodispensaries.
GCAC CEO Bradley Moore stated “Having the opportunityto work with Bill Williams and the great Beneleaves team will help usdrive quality medicine to those that most need it and gave so much forour country. As confirmed by recent studies, veterans are findinggreat relief in cannabis without resorting to more addictive productslike alcohol. This is an opportunity for vets to get the support theyneed from brands they want.”
[1] https://www.beneleaves.com/
[5]
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 review its profileson 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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