GCAC Sponsors Emerging Cannabis Industry Businesses and Canna-Curious Event

Vancouver, British Columbia, Canada, May 26 –  Global Cannabis Applications Corp. ("GCAC" or the "Company") (CSE: APP, FSE: 2FA, OTCQB: FUAPF), a leading medical cannabis chain-of-custody compliance and data platform, announced that clearESG champion Steve Peterson is attending MedicateOH’s Cannabis Industry Meet & Greet, June 3 from 5-9 pm, in Columbus, Ohio.

The meet & greet co-sponsored by GCAC features emerging cannabis businesses seeking valuable community-building opportunities in the Ohio market. The event gathers cannabis-related professionals to engage in a space forged in the passion for cultivation, education, and patient access. It will be held in the repurposed Cleveland School of Cannabis (CSC) Columbus campus.

clearESG champion Steve Peterson says, “we look forward to meeting canna-passionate professionals, learning their stories, and discussing opportunities in the Ohio market. It allows us to share our vision of a greener industry for a more sustainable future.”

MedicateOH will record Facebook Live interviews with sponsors to help promote their businesses to a network of over 10,000 cannabis-curious Ohioans. Several cannabis and local media outlets will be on hand.

clearESG uses the Efixii blockchain platform to share transparently and seamlessly Environmental, Social and Governance (ESG) documentation and verification for more than 50 metrics. Enhanced disclosure helps companies convert positive ESG standards into brand value while reducing the risk potential of a company for investors. So, whether a product is organic, uses recycled packaging or is minority-owned, the platform communicates that company and brand story.

Peterson adds, “ESG forward-thinking organizations companies attract top employee talent. Employees care more than ever about the environmental impact of their workplaces. They are willing to stay longer in jobs where they feel they’re part of making a positive difference.”

Efixii is licensed to cultivators in a SaaS model and is a free-to-use app for cannabis consumers. All cannabis sold through the Portal generates a new sales-commission revenue stream for GCAC.

Efixii’s cannabis data is the intellectual property (“IP”) of GCAC. This IP creates an inherent difficulty in replicating or competing with GCAC’s cannabis datasets. GCAC defined their protocols in a provisional U.S. patent application, ‘System of Process and Tracking Cannabis Products and Associated Method Using Blockchain’ filed with the USPTO on Dec. 17, 2020.

About Global Cannabis Applications Corp. “GCAC”

GCAC is a global leader in designing, developing, SaaS licensing and acquiring innovative data technologies for the medical cannabis industry. The Citizen Green and Efixii platforms are the world's first end-to-end - from patient to regulator - medical cannabis data solutions. They use six core technologies: mobile applications, artificial intelligence, RegTech, smart databases, Ethereum blockchain and GCAC smart rewards. These technologies transparently disclose cannabis chain-of-custody events, enabling patients to provide crowd-sourced medical cannabis efficacy data. Driven by digital and cannabis industry experts, GCAC is focused on generating revenue from SaaS licensing its technology and acquiring high-quality cannabis datasets that improve patient outcomes and become the world’s largest cannabis efficacy data provider.

For more Company information, please visit www.cannappscorp.com, or review its profiles on www.sedar.com and on the Canadian Securities Exchange's website www.thecse.com.

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Email: info@cannappscorp.com

Forward-Looking Information 

This news release may include forward-looking information within the meaning of Canadian securities legislation, concerning the business of GCAC. Forward-looking information is based on certain key expectations and assumptions made by the management of GCAC. Although management of the Company believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because GCAC can give no assurance that they will prove to be correct. Forward-looking statements contained in this news release are made as of the date of this news release. GCAC disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.

The Canadian Securities Exchange has not reviewed and does not accept responsibility for the adequacy and accuracy of this information.