PHOENIX, Ariz., May 15, 2019 (GLOBE NEWSWIRE) -- Uptick Newswire Stock Day Podcast welcomed Global Cannabis Applications Corp. ( FUAPF ) ("the Company"), a global leader in designing, developing, marketing and acquiring innovative data technologies for the medical cannabis industry. CEO and Director, Brad Moore, joined Stock Day host Everett Jolly.
Jolly began the interview by asking Moore about the Company's vertical integration strategy that has recently been launched in Europe. Moore explained that the Company has been working on the strategy throughout the first quarter, which has been specially designed to embrace the advanced cannabis regulations in Europe and Israel. This strategy is leading to revenues for the Company by leveraging investment into lower Israeli grow costs, as well as increased EU wholesale medical cannabis and CBD revenues.
However, Moore explains that data is the key factor of cannabis industry in these sectors, giving the Company a unique and beneficial opportunity. He further shared that the Company's Citizen Green platform has been received exceptionally well in these areas due to its abundance of data technologies. In fact, the Citizen Green platform integrates four advanced technologies for use on the product producers to patient and regulator side of the medical cannabis industry.
Jolly then asked what the Company's next steps will be. Moore explained that the Company will be focusing on the implementation of their technology in Poland, which has over 350,000 medical cannabis patients. "The next extension is to repeat that process in Germany.", stated Moore. He also added that the Company will be working to identify key Israeli product producers and help start the flow of medical cannabis to the EU and surrounding areas.
Moore shared that the Company will also have revenue coming in from multiple streams including new upcoming opportunities, licensing, and investment revenues. "We have some very significant opportunities that our investors will see coming out.", shared Moore.
To close the interview Moore shared that the Company is dedicated to providing value and executing its goals and growing the Citizen Green brand to become the dominant medical cannabis brand globally. He then shared his excitement for the growth of the Company throughout United States and other parts of the world.
To hear Brad Moore entire interview, follow the link to the podcast here: https://audioboom.com/posts/7260964-ceo-brad-moore-of-global-cannabis-applications-corp-otcqb-fuapf-may-19-update
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About Global Cannabis Applications Corp.
Global Cannabis Applications Corp. is a global leader in designing, developing, marketing and acquiring innovative data technologies for the medical cannabis industry. The Citizen Green platform is the world's first end-to-end - from patient to regulator - medical cannabis data solution. It uses six core technologies: mobile applications, artificial intelligence, regtech, smart databases, blockchain and digital reward tokens, to qualify candidates for clinical studies. These technologies facilitate the proliferation of digital conversations by like-minded people in the medical cannabis community. Managed by digital and cannabis industry experts, GCAC is focused on viral global expansion by providing the best digital experience in the cannabis market.
For more information about the Company, please visit online at www.cannappscorp.com, or review its profiles www.sedar.com and on the Canadian Securities Exchange's website (www.thecse.com).
To schedule an interview, please contact:
Chief Executive Officer
For more information, please contact:
Corporate Communications United States
This news release may include forward-looking information within the meaning of Canadian securities legislation, concerning the business of GCAC. Forward-looking information is based on certain key expectations and assumptions made by the management of GCAC. Although management of the Company believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because GCAC can give no assurance that they will prove to be correct. Forward-looking statements contained in this news release are made as of the date of this news release. GCAC disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.
The Canadian Securities Exchange has not reviewed and does not accept responsibility for the adequacy and accuracy of this information.
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Source: Global Cannabis Applications Corp