Vancouver, British Columbia, Canada, September 27, 2022 – Global Compliance Applications Corp. ("GCAC" or the "Company") (CSE: APP, FSE: 2FA, OTCQB: FUAPF), a leading chain-of-custody compliance and data platform announced plans to exhibit at the Ohio Cannabis and Health Business Summit (OCHBS) in Cleveland Ohio on October 1st.
GCAC North America (GCAC NA) President Steve Peterson and VP of Business Development Kate O’Hara will be speaking at the event on Sustainability and ESG. Says Peterson, “Cannabis brands are well positioned to share an amazing story on their business journey but have limited their messaging to topics such as potency and underground names such as ‘Bigfoot Stank.’ The story we want to help them deliver is one that covers, for example, they are a women-owned business, certified organic, contribute to the community and use recycled materials, all documented on the blockchain. Time for the industry to be above ground and share all the great things that will resonate with new consumers. That is the power of ESG!”
The GCAC NA team will be available for cannabis industry leaders at booth #111 on Oct 1st and speak to the community in Room 6 at 4 pm EDT. GCAC NA is a 100% wholly owned and operated subsidiary of GCAC. Upon the successful completion of the WasteTrakr Technologies acquisition, the new entity was renamed GCAC North America . GCAC now has a privately held non-cannabis entity to conduct business operations, including banking and funding opportunities, in the United States.
GCAC is a global leader in designing and developing innovative blockchain technologies and machine learning solutions to improve real-world businesses. GCAC's leading solution is Efixii, an Ethereum Layer 2 blockchain and EVM programming functionality that is on par with other Layer-2's, such as Polygon. GCAC can quickly connect each participant from product producers, distributors, manufacturers, and retailers through a series of value chain dApps that allows for data connectivity to drive better consumer experiences and sales. GCAC created clearESG to assist businesses in communicating their sustainability goals and earned attributes on the blockchain through a series of ESG (Environmental, Social & Governance) merit badges. As an interconnected supply chain solution, the Efixii solution pays tokens for attesting to a product's value, or truthness, through a reward program. GCAC works in many agricultural industries providing a value-added blockchain offering through a cost-effective SaaS licensing model.
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.
The Ohio Cannabis Health & Business Summit‘s mission is to provide attendees the incredible opportunity to immerse themselves in all aspects of medical cannabis, CBD, and hemp. The summit will feature a variety of businesses, services, and entrepreneurs that will share their knowledge about some of the latest developments and thoughts about the future of the industry. www.ochbs.com
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.