#Crypto / #Cannabis #Stock GCAC (CSE: $APP.C) (FSE: 2FA) (OTCQB: $FUAPF)
Launches Uniswap and adds #Ether #Cryptocurrency as Alternative Asset to
Balance Sheet; @CitizenGreenWld
Vancouver, British Columbia, Canada, April 21, 2021 – (Investorideas.com
Newswire ) 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 today that it
has launched a Uniswap token [1] as part of a digital marketing campaign aimed
at the one million decentralized finance user community ‘DeFi’ [2].
Read this news
featuring GCAC in full at https://www.investorideas.com/news/2021/cryptocurrency/04211GCAC-Uniswap.asp
Company believes
that the Uniswap community is an excellent target audience as this key
demographic are consumers that have disposable income, are under 34 years old
and increasingly drawn to the use of cannabis products [3]. This multi-year marketing campaign aims to raise
awareness of its Citizen Green products and its Efixii ‘QR codes’ by launching
a Uniswap token on the Ethereum blockchain with the Company’s name, logo and
website visible to all of the Uniswap community.
Company is publicly traded with audited financials and makes accurate
revenue disclosures. GCAC’s Uniswap-inclusion marketing initiative is to commit
to a marketing-spend of 1% of its quarterly sales revenue buying GCAC tokens on
Uniswap every 3 months. Each Uniswap token-buy should lead to greater awareness
of the Company’s products and drive potential new cannabis consumers to look
for Efixii ‘QR codes’ on the products that they are purchasing on-line.
“First and foremost, We - Are -
Blockchain. So, I’m delighted to expand our marketing reach to
fellow blockchain proponents. Cannabis consumers come in many forms and I am
really excited to be marketing directly to the Uniswap DeFi community and
raising awareness of cannabis efficacy and quality amongst this rather liquid
demographic,” stated Brad Moore, CEO.
Mega-cap companies like Tesla (TSLA) are diversifying their balance
sheets by adding the Bitcoin cryptocurrency [4]. GCAC is now adding an Ether
cryptocurrency based “alternative asset” to its balance sheet by buying GCAC
marketing tokens on Uniswap with 1% of its revenues. GCAC represents the next
generation of companies embracing alternative assets and continues to innovate
and seek ways to expand awareness of the benefits of cannabis efficacy and
product transparency.
The Uniswap GCAC marketing token is built and operated by Abbey Technology “Abbey” and this latest marketing token has a
unique set of features including:
. Company commitment to purchase
GCAC tokens on Uniswap with 1% of its quarterly revenues
. Preventing the smart contract
from creating any new GCAC marketing tokens
. Giving advance-notice disclosure
of the ‘intent to redeem’ any Abbey Uniswap liquidity-pool
. Giving advance-notice
disclosure of the ‘intent to sell’ any Company “alternative 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 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, thereby 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 to 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.
About Abbey
Technology GmbH, “Abbey”
Abbey, a Swiss
company, specializes in developing, licensing and operating innovative
blockchain technologies. The “Public-Company to Uniswap-Token” marketing
platform was invented by Abbey alongside its Ethereum layer-2 high-throughput
blockchain software-as-a-service. For information on Uniswap-token marketing
campaigns for public companies visit https://abbey.ch.
Press
Contact
Phone: +1 (800) 409-5679
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.
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