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Global Cannabis Applications Corp
Symbol APP
Shares Issued 199,402,483
Close 2022-05-09 C$ 0.04
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Global Cannabis to add grower data to blockchain

2022-05-10 13:13 ET - News Release

Mr. Bradley Moore reports

GCAC AND THINGBLU TO OFFER CANNABIS & HEMP GROWERS ABILITY TO ADD GROWER BUSINESS INTELLIGENCE DATA TO THE BLOCKCHAIN

ThingBlu Inc. (TB) will be partnering with Global Cannabis Applications Corp. to help clients capture harvesting insights in the Efixii software platform and the new clearESG to enable growers and manufacturers to document the environment product was grown in and material tasks completed for full transparency on the blockchain.

ThingBlu, based in Kirkland, Wash., is a cloud-based platform solution that provides workflow management and data management tools that offers owners and managers' operational visibility and control. Visibility of all employee tasks, associated data generated, as well as the ability to communicate and share these data with other systems. ThingBlu BI data will allow growers to share on the blockchain data such as nutrients used, average temperature and humidity, and plant inspection tasks to add in the transparency.

Chief executive officer Bradley Moore stated: "Blockchain continues to provide a platform where companies like ThingBlu's clients can share additional information with the consumer that evidenced their commitment to quality. In addition, the new Efixii clearESG product will help provide evidence of certifications and the steps taken to ensure compliance by the grower's work force."

Kevin Gorman, founder and CEO of ThingBlu, noted: "From the first time I met the GCAC team in Las Vegas in October, 2021, I could see the impact of the ecosystem GCAC was creating for supply chain management and ESG (environment, social and governance) reporting. Transparency starts with the employees and the detailed information of the steps they take, that are often not seen by the consumer, that make a huge impact in the final product. Watering schedules, temperature and insect control, eyeballing every plant on a regular basis all are critical steps in delivering a beautiful living final product."

Efixii is licensed to cultivators in a software-as-a-service model and is a free-to-use app for cannabis consumers. All cannabis sold through the portal generates a new sales commission revenue stream for Global Cannabis. Efixii's cannabis data are the intellectual property (IP) of Global Cannabis. This IP creates an inherent difficulty in replicating or competing with Global Cannabis's cannabis data sets. Global Cannabis defined its protocols in a provisional U.S. patent application, "System of Process and Tracking Cannabis Products and Associated Method Using Blockchain," filed with the United States Patent and Trademark Office on Dec. 17, 2020.

About Global Cannabis Applications Corp.

Global Cannabis 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 Global Cannabis smart rewards. These technologies transparently disclose cannabis chain-of-custody events, enabling patients to provide crowd-sourced medical cannabis efficacy data. Driven by digital and cannabis industry experts, Global Cannabis is focused on generating revenue from SaaS licensing its technology and acquiring high-quality cannabis data sets that improve patient outcomes, on and becoming the world's largest cannabis efficacy data provider.

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