GCAC Expands Partnership With EMTRI Corp. to Enhance Blockchain and Data-Tracking Services for Cannabis Cultivators in California's Booming Cannabis Market

Vancouver, British Columbia--(Newsfile Corp. - November 6, 2024)

Global Cannabis Applications Corp. (CSE: APP) (OTC: FUAPF) (“GCAC”), a leading medical cannabis chain-of-custody compliance and data platform, announced an expansion to its partnership with EMTRI Corp. to enhance blockchain and data-tracking services for cannabis cultivators in California's booming cannabis market.

Under the updated terms of the partnership, EMTRI will now pay GCAC USD $0.35 per gram for tracking, tokenizing, and couponing cannabis cultivated on GCAC’s Efixii blockchain platform. This expanded fee structure forms a key component of the newly adopted EMTRI Cannabis Commodities Formula (CCF), a comprehensive blockchain-driven model that aims to incentivize quality production, enhance supply chain transparency, and boost consumer engagement through NFTs.

The Cannabis Commodities Formula (CCF) establishes a tokenized incentive system for cultivators and distributors, rewarding them with EMT tokens throughout the production process. Cultivators meeting minimum production thresholds per batch will earn tokens that contribute to production costs and provide additional income through royalties on packaged products, aligning with EMTRI's commitment to a sustainable, high-quality cannabis supply chain. Currently, about 100,000 grams of cannabis are under cultivation and being tracked through the Efixii platform, with a target of 5 million grams being tracked and tokenized by the end of 2025.

The increased fee from EMTRI will also support the creation and hosting of Uplift NFT coupons on the Efixii platform, where each gram is tracked and tokenized. As part of the EMTRI Agency, this blockchain-powered transparency builds consumer trust by ensuring traceability from cultivation through to retail, while digital couponing strengthens brand loyalty.

At the distribution and retail stages, distributors will benefit from EMT token rewards, which are supported by a buyback program designed to stabilize token value and encourage long-term engagement. Consumers will gain access to Uplift NFT couponing through the Efixii app, which provides a transparent and premium experience that enhances the value of the products they purchase.

“With the launch of the EMTRI NETWORK, our smartphone app technology provides an intuitive and truthful feedback loop from the point at which our cultivators conceptualize and plant their cannabis strains and follows the crop through distribution, retail, and consumption. Our app can also be anonymously used by consumers to provide Efixii blockchain-protected feedback on the consumed cannabis directly to the cultivator using a simple QR-code scan,” said EMTRI CEO Eric Kennedy.

About EMTRI Corp.

EMTRI Corp. is a cannabis marketing and advisory agency whose distribution partners are rewarded for carrying the truth to retail and delivering safe cannabis to consumers who trust EMTRI standards and mark of approval. The EMTRI Ethereum layer-2 blockchain provides better data-driven outcomes for cannabis consumers, one gram at a time. Our cultivator and distributor membership creates a stronger, more transparent relationship between the cannabis plant and the consumer.

About Global Cannabis Applications Corp.

Global Cannabis Applications Corp. ("GCAC") is a leader in innovative cannabis data solutions, providing blockchain-powered transparency and chain-of-custody compliance in the global cannabis market. Through its Efixii platform, GCAC ensures trusted, traceable, and regulatory-compliant cannabis transactions, creating sustainable value for cultivators, consumers, and investors alike.

For more information, please visit https://globalcompliance.app.