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Global Compliance Applications Corp
Symbol APP
Shares Issued 299,555,059
Close 2024-10-28 C$ 0.005
Market Cap C$ 1,497,775
Recent Sedar Documents

Global Compliance forms partnership with Anthena

2024-10-29 16:11 ET - News Release

Mr. Brad Moore reports

GCAC ENTERS $167M+ CANNABIS FUNDING PROGRAM BY VETERANS AFFAIRS CANADA

Global Compliance Applications Corp. has formed a new partnership with Anthena Consulting, doing business as 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. Cerberus is a minority owner of CGV with Global Compliance.

Veteran-owned 1620 Cannabis will facilitate a staggered onboarding of veterans over, each prescribed a minimum three 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 Global Compliance's position in the Canadian cannabis market.

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. 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. 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, chief executive officer of Global Compliance. "1620 Cannabis adds critical momentum to our strategy, and CGTV provides a platform for sustained engagement and growth."

About Global Compliance Applications Corp.

Global Compliance is a global leader in designing and developing innovative blockchain technologies and machine learning solutions to improve real-world businesses. Global Compliance's leading solution, Efixii, is an Ethereum Layer 2 blockchain and EVM programming functionality on par with other Layer 2 systems. Global Compliance 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, Global Compliance saves users money on cannabis and CBD products verified through Efixii's blockchain seed-to-sale life cycle tracking. Global Compliance operates in multiple agricultural industries, offering cost-effective software-as-a-services-based blockchain solutions.

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