EDITOR: | October 23rd, 2017

Ushering the digital cannabis era onto the global market

| October 23, 2017 | No Comments
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Global Cannabis Applications Corp. (“GCAC”) (CSE: APP | OTCQB: FUAPF) is steering the digital cannabis era into the cannabis sector, bypassing the baby steps of other industries into a global economic sector.

GCAC designs, develops, markets, and acquires innovative data technologies for the cannabis industry. Using mobile applications, blockchain infrastructure and Artificial Intelligence, the GCAC Cannabis Citizen Green technologies will fill a technological void in the democratization of cannabis in a way that led to the maturation of new sectors like for example social media.

Prohibition has prevented the cannabis industry to go through the usual growth stages: consumer awareness, brand development, cryptocurrency, consumer loyalty, market research…but the recent legalization of cannabis is an open road for the sector to jump right to top the digital age, without facing the painful growth that is associated with the dialectic tribulations of other consumer goods and medicines.

The cannabis sector might yet be the most prominent beneficiary of the digital age because of the massive amount of interest in the sector.

Stocks in the cannabis sector defy gravity like the social media stocks when they started climbing the hockey stick curves, with a dogged determination like thirsty bedbugs on cold winters in a Siberian gulag.

Cannabis addresses the fundamental need of people to do whatever they want with their bodies. It is a form of democratization of the plant both for medical and recreational purposes.

But the social media and cryptocurrency experiment of the past decade teaches us that pretty well anything can be achieved through digital means.

These technologies facilitate the proliferation of digital conversations by like-minded people in medical cannabis.  Managed by digital and cannabis industry experts, GCAC is focused on viral global expansion by providing the best digital experience in the cannabis market.

On October 19 GCAC announced the engagement of Simon Sorockyj, a leading digital economy specialist for initial coin offerings (ICO), ICO management, blockchain strategy and blockchain based loyalty programs.

“Mr. Sorockyj brings a wealth of knowledge and experience to our team as we move to develop proprietary blockchain database including a token reward based loyalty program,” said Brad Moore, CEO of GCAC. “We are building a world leading medical cannabis database, by using the security and immutability of blockchain technology, we are able to collect and protect personal data and reward users for continuous engagement in our apps. Our app users expect the highest level of security and put their trust in our system, and with blockchain technology the database will become safe, secure and trusted, plus a highly attractive and commercially valuable asset for Global Cannabis.”

Simon Sorockyj is an entrepreneurial tech lawyer with twenty years of experience specializing in commercialization of mobile applications, fintech, global payment systems and blockchain delivery strategy. He will be developing the GCAC’s Citizen Green ICO strategy and delivery model. Mr. Sorockyj brings significant knowledge to GCAC with a deep background in loyalty program delivery, having developed such programs for Visa, Commonwealth Bank of Australia, ANZ (Australia), ABN AMRO and Merchant 360 (USA). Mr. Sorockyj has also had extensive international experience in enterprise software commercialisation for Accenture and Microsoft.

This bodes well for the cannabis, which is now past the original ebullience of the original legalization experiments and is maturing into a global industry.


Dr. Luc Duchesne

Editor:

Dr. Luc C. Duchesne is a Speaker and Author with a PhD in Biochemistry. With three decades of scientific and business experience, he has published ... <Read more about Dr. Luc Duchesne>


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