GCAC Enters $167M+ Cannabis Funding Program by Veterans Affairs Canada

Vancouver, British Columbia, Canada – October 29, 2024 – Global Compliance Applications Corp. (“GCAC” or the “Company”) (CSE: APP, FSE: 2FA, OTCQB: FUAPF), a veteran-centric blockchain marketing provider, announces a new partnership with Anthena Consulting ,dba 1620 Cannabis, and Citizen Green Ventures (CGV) to enhance cannabis care solutions for Canadian military veterans. This collaboration will connect 1,000 veterans—covered by Veterans Affairs Canada (VAC)— to provide premium cannabis from Cerberus PPV (owners of Sana’a Cannabis ) over the next 12 months ^[1]. Cerberus is a minority owner of CGV with GCAC ^[2].

Veteran owned 1620 Cannabis, will facilitate a staggered onboarding of veterans over, each prescribed a minimum 3 grams of cannabis per day. This aligns with VAC’s reimbursement model, ensuring veterans receive the cannabis they need while positioning CGV for sustained, scalable growth.  With 1,095 grams per year per veteran at $8.50 per gram, this partnership will result in a steady flow of product demand, reinforcing GCAC’s position in the Canadian cannabis market ^[2].

As CGV’s patient support and advocate, 1620 Cannabis will ensure seamless access to Sana’a Cannabis products. Veterans will engage with GCAC’s Efixii Uplift 3.0 software, providing anonymous feedback on cannabis usage ^[3]. This blockchain-powered platform enhances service quality and supports product optimization while ensuring secure and trusted engagement across the entire cannabis supply chain.  In addition to cannabis care, the Efixii Uplift app will facilitate community-driven activities, such as virtual wellness events and fundraising campaigns. These initiatives create meaningful connections among veterans and provide valuable insights to further improve services.

The partnership with 1620 Cannabis extends the reach of Citizen Green TV (CGTV), which is now available on Apple TV, Roku, and Google TV ^[4]. CGTV delivers cannabis-friendly educational content and sponsorship opportunities, giving cannabis brands access to a highly engaged veteran audience. 

"While other Canadian cannabis providers pull back services, this collaboration exemplifies our mission to empower veterans through exceptional care and innovative blockchain solutions," said Brad Moore, CEO of GCAC. "1620 Cannabis adds critical momentum to our strategy, and CGTV provides a platform for sustained engagement and growth."

[1] https://www.veterans.gc.ca/en/about-vac/reports-policies-and-legislation/departmental-reports/cannabis-medical-purposes

[2] https://newsroom.globalcompliance.app/215340-gcac-and-cultivator-joining-forces-to-provide-efixii-cultivated-cannabis-to-canadian-veterans

[3] https://newsroom.globalcompliance.app/197979-gcac-announces-commercial-launch-of-medical-cannabis-efficacy-app

[4] https://newsroom.globalcompliance.app/242462-gcac-s-citizen-green-tv-now-live-on-apple-tv-roku-and-google-tv

About Anthena Consulting (“Anthena”)

Anthena and its subsidiary, 1620 Cannabis, are committed to empowering veterans across Canada by providing the resources and support they need to thrive beyond their service.  We foster a community that values the unique skills, experiences, and sacrifices of veterans, transforming these strengths into meaningful opportunities for personal and professional growth.  At Anthena, we wholeheartedly believe that veterans deserve respect and tangible support as they transition into civilian life. Through tailored programs, events, and an unwavering support network, Anthena stands with our veterans, recognizing and honoring them beyond the uniform.

About Global Compliance Applications Corp. (“GCAC”) 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, Efixii, is an Ethereum Layer 2 blockchain and EVM programming functionality on par with other Layer-2 systems. GCAC connects product producers, distributors, manufacturers, and retailers through a series of value chain dApps, enabling data connectivity to drive better consumer experiences and sales. As a one-stop digital coupon provider, GCAC saves users money on cannabis and CBD products verified through Efixii’s blockchain seed-to-sale lifecycle tracking. GCAC operates in multiple agricultural industries, offering cost-effective SaaS-based blockchain solutions.

For more information, please visit www.globalcompliance.app or review our profile on SEDAR and the Canadian Securities Exchange.

GCAC Press Contact:
+1 (800) 409-5679
info@GCAC.tech

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.