22:04:25 EDT Wed 15 May 2024
Enter Symbol
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Global Compliance Applications Corp
Symbol APP
Shares Issued 246,277,499
Close 2023-07-12 C$ 0.01
Market Cap C$ 2,462,775
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Global Compliance signs reseller deal with U.S. Hemp

2023-07-13 14:15 ET - News Release

Mr. Brad Moore reports

GCAC AND US HEMP BROKERAGE EXPAND CHANNEL PARTNERSHIP

Global Compliance Applications Corp. has signed a value-added reseller agreement with U.S. Hemp Brokerage LLC (USHB), further strengthening their existing partnership. USHB, a leading brokerage service in the hemp industry, will now have the opportunity to offer Efixii Web 3.0 solutions, including the innovative Uplift NFT coupons, alongside the previously agreed clearESG program.

With a long-standing reputation as a trusted broker, U.S. Hemp Brokerage has played a vital role in connecting buyers with suppliers across various industrial categories within the hemp sector. Through their four divisions, focused on branded and raw cannabinoid (CBD) products, as well as non-cannabinoid materials like hemp Hurd and HempWood, USHB has established itself as a prominent player in the industry.

Over the years, U.S. Hemp Brokerage has successfully facilitated the sale of over $25-million worth of hemp, while also private labelling more than 75 CBD brands and several non-CBD brands. Their expertise extends to building materials, addressing the hospitality industry's needs with a diverse portfolio that includes alternatives to paper and plastic, flooring solutions, and wall coverings.

As a diligent third party verification firm for sustainability metrics in the hemp industry, USHB is actively gathering ESG (environmental, social and governance) data for all its clients. By integrating the company's clearESG program, U.S. Hemp Brokerage enhances its core marketing initiatives, leveraging verified sustainability metrics to strengthen brand positioning and consumer trust.

Under the new value-added reseller agreement, USHB will now be able to provide its hemp brands with the exclusive Uplift coupon program. Uplift, an innovative customer loyalty and rewards program, introduces a groundbreaking feature: the non-fungible token (NFT) coupon. By issuing one-of-a-kind blockchain-based coupons as NFTs, brands can offer consumers tangible cash discounts on a diverse array of products and services. These unique coupons can be easily redeemed at participating retailers, creating a surge in foot traffic and stimulating greater consumer engagement, as such meeting USHB sales goals to its clients.

Says Global Compliance chief executive officer, Brad Moore: "This partnership provides us with the selling resources we need to meet demand for all Efixii Web 3.0 offering, including clearESG and Uplift coupons. It is a clear indicator of the growth of the company and the trajectory we are on."

Furthermore, U.S. Hemp Brokerage's brands will become preferred product partners in the Citizen Green project, qualifying it to earn Citizen Green Tokens for making truthful attestations to the Efixii blockchain. This partnership further strengthens the commitment to transparency, sustainability and responsible business practices within the hemp industry.

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 is Efixii, an ethereum Layer 2 blockchain and EVM programming functionality that is on par with other Layer 2s, such as Polygon. Global Compliance can quickly connect each participant from product producers, distributors, manufacturers and retailers through a series of value chain decentralized applications that allows for data connectivity to drive better consumer experiences and sales. Global Compliance created clearESG to assist businesses in communicating their sustainability goals and earned attributes on the blockchain through a series of ESG (environmental, social and 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. Global Compliance works in many agricultural industries providing a value-added blockchain offering through a cost-effective software-as-a-service licensing model.

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