GCAC (CSE: $APP.C) (OTCQB: $FUAPF) Adds Ether Cryptocurrency as Alternative Asset to Balance Sheet
Global Cannabis Applications Corp. (CSE:APP)
VANCOUVER, BRITISH COLUMBIA, CANADA, April 20, 2021 /EINPresswire.com/ — Breaking Cannabis/Crypto News from Investorideas.com Newswire Global Cannabis Applications Corp. (“GCAC” or the “Company”) (CSE: APP, FSE: 2FA, OTCQB: FUAPF), a number one medical hashish chain-of-custody compliance and information platform, introduced immediately that it has launched a Uniswap token [1] as a part of a digital advertising and marketing marketing campaign aimed on the a million decentralized finance person neighborhood ‘DeFi’ [2].
Company believes that the Uniswap neighborhood is a wonderful audience as this key demographic are shoppers which have disposable revenue, are beneath 34 years outdated and more and more drawn to using hashish merchandise [3]. This multi-year advertising and marketing marketing campaign goals to boost consciousness of its Citizen Green merchandise and its Efixii ‘QR codes’ by launching a Uniswap token on the Ethereum blockchain with the Company’s identify, brand and web site seen to all the Uniswap neighborhood.
Company is publicly traded with audited financials and makes correct income disclosures. GCAC’s Uniswap-inclusion advertising and marketing initiative is to decide to a marketing-spend of 1% of its quarterly gross sales income shopping for GCAC tokens on Uniswap each 3 months. Each Uniswap token-buy ought to result in higher consciousness of the Company’s merchandise and drive potential new hashish shoppers to search for Efixii ‘QR codes’ on the merchandise that they’re buying on-line.
“First and foremost, We – Are – Blockchain. So, I’m delighted to broaden our advertising and marketing attain to fellow blockchain proponents. Cannabis shoppers are available many types and I’m actually excited to be advertising and marketing on to the Uniswap DeFi neighborhood and elevating consciousness of hashish efficacy and high quality amongst this somewhat liquid demographic,” acknowledged Brad Moore, CEO.
Mega-cap corporations like Tesla (TSLA) are diversifying their stability sheets by including the Bitcoin cryptocurrency [4]. GCAC is now including an Ether cryptocurrency based mostly “various asset” to its stability sheet by shopping for GCAC advertising and marketing tokens on Uniswap with 1% of its revenues. GCAC represents the subsequent era of corporations embracing various belongings and continues to innovate and search methods to broaden consciousness of the advantages of hashish efficacy and product transparency.
The Uniswap GCAC advertising and marketing token is constructed and operated by Abbey Technology “Abbey” and this newest advertising and marketing token has a novel set of options together with:
. Company dedication to buy GCAC tokens on Uniswap with 1% of its quarterly revenues
. Preventing the sensible contract from creating any new GCAC advertising and marketing tokens
. Giving advance-notice disclosure of the ‘intent to redeem’ any Abbey Uniswap liquidity-pool
. Giving advance-notice disclosure of the ‘intent to promote’ any Company “various asset” tokens
[1] https://info.uniswap.org/pair/0xf22645743415d8c06d78c8a4f0ea214041b4544f
[2] https://medium.com/metamask/metamask-exceeds-1-million-monthly-active-users-9da72a1e915d
[3] https://www.warc.com/newsandopinion/news/40_of_us_consumers_would_try_out_cbd_products/41878
[4] https://apnews.com/article/tesla-buys-billion-bitcoin-061817c6795e75d1c3c9e9d6cfc4a911
About Global Cannabis Applications Corp. “GCAC”
GCAC is a worldwide chief in designing, growing, SaaS licensing and buying revolutionary information applied sciences for the medical hashish business. The Citizen Green and Efixii platforms are the world’s first end-to-end – from affected person to regulator – medical hashish information options. They use six core applied sciences: cellular purposes, synthetic intelligence, RegTech, sensible databases, Ethereum blockchain and GCAC sensible rewards. These applied sciences transparently disclose hashish chain-of-custody occasions, thereby enabling sufferers to offer crowd-sourced medical hashish efficacy information. Driven by digital and hashish business specialists, GCAC is concentrated on producing income from SaaS licensing its expertise and buying prime quality hashish datasets that enhance affected person outcomes and to develop into the world’s largest hashish efficacy information supplier.
For extra Company info, please go to www.cannappscorp.com, or evaluation its profiles on www.sedar.com and on the Canadian Securities Exchange’s web site www.thecse.com.
About Abbey Technology GmbH, “Abbey”
Abbey, a Swiss firm, makes a speciality of growing, licensing and working revolutionary blockchain applied sciences. The “Public-Company to Uniswap-Token” advertising and marketing platform was invented by Abbey alongside its Ethereum layer-2 high-throughput blockchain software-as-a-service. For info on Uniswap-token advertising and marketing campaigns for public corporations go to https://abbey.ch.
Press Contact
Phone: +1 (800) 409-5679
Email: [email protected]
Forward-Looking Information
This information launch might embody forward-looking info inside the which means of Canadian securities laws, in regards to the enterprise of GCAC. Forward-looking info is predicated on sure key expectations and assumptions made by the administration of GCAC. Although administration of the Company believes that the expectations and assumptions on which such forward-looking info is predicated are affordable, undue reliance shouldn’t be positioned on the forward-looking info as a result of GCAC may give no assurance that they may show to be appropriate. Forward-looking statements contained on this information launch are made as of the date of this information launch. GCAC disclaims any intent or obligation to replace publicly any forward-looking info, whether or not because of new info, future occasions or outcomes or in any other case, apart from as required by relevant securities legal guidelines.
The Canadian Securities Exchange has not reviewed and doesn’t settle for accountability for the adequacy and accuracy of this info.
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