03:06:41 EDT Tue 14 May 2024
Enter Symbol
or Name
USA
CA



Global Compliance Applications Corp
Symbol APP
Shares Issued 259,833,560
Close 2023-12-20 C$ 0.025
Market Cap C$ 6,495,839
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Global Compliance Applications talks Efixii coupon TVL

2023-12-21 11:45 ET - News Release

Mr. Brad Moore reports

GCAC'S EFIXII UPLIFT SURPASSES $1M IN CANNABIS & CBD PRODUCTS

The total value locked (TVL) in Global Compliance Applications Corp.'s Efixii blockchain coupons has now exceeded $200,000 (U.S.). Global Compliance's recent brand acquisition initiatives have provided over 36,000 new cannabis and cannabidiol (CBD) product discount coupons inside the Efixii Uplift consumer app, with Global Compliance earning an average 30-per-cent commission from its client brands for every coupon redeemed in the app.

Global Compliance is a one-stop digital coupon shop that saves veterans and other consumers money on cannabis and CBD products, which may also have Efixii blockchain-verified seed-to-sale life cycle information. With its client brand and retail networks, Global Compliance makes cannabis products more affordable by delivering money-saving coupons directly to the consumer Efixii Uplift app as non-fungible tokens (NFT).

  • Consumer: No more expired Internet coupon codes that do not work at on-line checkouts, or expired paper coupons at the store, Efixii Uplift coupons work both on-line and in-store, just scan and save.
  • Brand: Brands and retailers benefit from using Efixii blockchain technologies as a way to improve customer satisfaction, reduce marketing costs, and gain insightful consumer and product-use data.
  • Global compliance: Every batch of a brand's coupon codes published in the Efixii Uplift app earns Global Compliance an average of $1.5 on redemption.

With an extended military/veteran population of around 75 million in the United States, and an insured value of $5,000 per person means that over $300-billion is spent annually by veterans on medication and treatments that may include cannabis. Efixii's Citizen Green project aims to bring efficiencies and savings in buying cannabis and CBD products to this market and also plans to expand affordable cannabis and CBD products to friends and families of veterans throughout the U.S. and Canada.

Global Compliance chief executive officer Brad Moore emphasizes: "Our key marketing focus in the second half of the year was to onboard cannabis and CBD brands to offer discounts to consumers using the Efixii Uplift app. Brands come first, and consumers follow. Our brand targeting is working well, as seen by our awesome growth in TVL, and the traction gains in our core user group, veterans." He continued, "For 2024, we look forward to continuing to expand our brand base, provide coupon value to our veterans, grow our core user groups and, of course, bring value to our loyal shareholders, without whom none of this would be possible."

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 dApps that allows for data connectivity to drive better consumer experiences and sales. Global Compliance serves as a one-stop digital coupon shop that saves users money on cannabis and CBD that have Efixii blockchain-verified seed-to-sale life cycle information. Global Compliance also 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, Efixii awards tokens for attesting to a product's value. Global Compliance works in many agricultural industries providing a value-added blockchain offering through a cost-effective software-as-a-service licensing model.

We seek Safe Harbor.

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