Investment Considerations
- Upstream Listing – GCAC began trading on Upstream in October 2024, expanding its global market access.
- Strategic Partnerships – Partnered with the Grunt Style Foundation in September 2024, enhancing veteran engagement.
- Streaming Services – Launched CGTV in September 2024, providing a legal advertising platform for cannabis companies.
- BOND Launch – In July 2024, GCAC introduced BOND on the Efixii Uplift platform, enabling secure, blockchain-driven consumer engagement.
- NFT Couponing – Launched Uplift NFT Coupons in March 2024, enabling personalized, verifiable promotions for cannabis brands while complying with legal advertising restrictions.
Global Compliance Applications Corp. (CSE: APP) (OTCQB: FUAPF) is committed to improving the lives of medical cannabis patients, particularly veterans, through a blockchain-powered technology model. The Efixii Uplift platform provides an end-to-end data chain ensuring transparency and efficacy in cannabis products from cultivation to consumption. This Layer -2 Ethereum blockchain platform strengthens the relationship between cannabis brands, retailers, and consumers, driving trust and better health outcomes for veterans.
As the wars in Afghanistan and Iraq become part of history, over 16 million veterans remain central to GCAC’s mission. GCAC partners with leading veteran nonprofits in the U.S. and Canada, building trust within both the veteran community and the cannabis industry. Veterans are directed to Citizen Green TV (CGTV), GCAC’s health and wellness streaming service, which connects them with cannabis/CBD product providers, further amplifying GCAC’s impact.
Market Opportunity
The global medical cannabis market, valued at $13.8 billion in 2022, is projected to grow to $66.8 billion by 2030. With over 18.6 million U.S. and Canadian veterans, nearly 20% of whom already use cannabis and spend an average of $300 monthly, GCAC’s work with veterans serves as a powerful proof of concept. This success showcases the potential for GCAC’s blockchain platform to expand into other sectors, such as agriculture and organic farming, further demonstrating its scalability and broad market applicability.
Key Products & Initiatives
- Efixii Uplift is GCAC’s decentralized app that connects cannabis brands, retailers, and consumers. The platform uses NFT coupons stored on a consumer’s smartphone and powered by an Ethereum wallet, ensuring both privacy and security. By leveraging blockchain technology, Efixii Uplift promotes transparency across the supply chain, enhances brand loyalty, and strengthens consumer trust.
- Citizen Green TV (CGTV) is the first streaming service dedicated to veterans’ health, offering content focused on alternative therapies like cannabis. Cannabis companies legally advertise using Uplift NFT Coupons, reaching this targeted audience. CGTV is available on Roku, Google TV, and Apple TV, with a potential reach of 168 million viewers in North America.
- Citizen Green Ventures, GCAC’s joint venture with Sana’a Cannabis, provides legal medical cannabis to Canadian veterans under the Veterans Affairs Canada program. VAC covers $8.50 per gram for up to three grams per day. In 2022-23 VAC reimbursed 21,108 people a total of $167.6 million.