CLS Holdings USA, Inc. Partners with GCAC to expand the use of Efixii Uplift Coupons
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Successful Launch Drives Higher Revenue and Consumer Adoption
Vancouver, British Columbia, Canada – TheNewswire - June 18, 2024 – Global Compliance Applications Corp. (“GCAC”) (CSE: APP, FSE: 2FA, OTCQB: FUAPF), a blockchain-based NFT couponing platform, is thrilled to announce the expansion of its Efixii Uplift coupon program following a successful Memorial Day launch with Oasis Cannabis Dispensary. GCAC partnered with CLS Holdings USA, Inc. (OTCQB: CLSH) (CSE: CLSH), (the ''Company'' or ''CLS'') to bring discounted cannabis to Nevada's veteran community through the Citizen Green Project. CLS Holdings includes City Trees Cannabis Products and Oasis Cannabis Dispensary1.
Oasis's use of Uplift NFT coupons will now extend beyond veteran discounts to include a special celebration for Pride Month on June 22, 2024. Leading this initiative, Oasis Cannabis, a top-performing dispensary in Las Vegas, Nevada, will offer a special discount on tickets to a drag brunch at The Garden, an intimate and chic LGBTQ+ lounge bar in the Art District of Downtown Las Vegas, which is located 5 minutes from Oasis. Oasis takes pride in joining the community alongside their valued customers, dedicated staff, industry peers, and people from all walks of life.
“Efixii Uplift is very easy for both customers and staff to use. With instant coupon savings right on the app, we connect with consumers the moment they redeem their deals at checkout. We're thrilled to expand our partnership with GCAC to bring even more exciting discounts to our customers.”, said Jordan Ascanio, Creative Director of CLS Holdings USA, Inc. Oasis Cannabis offers a variety of discounts catering to locals, seniors, cannabis industry members, agent card holders, VIP club members, veterans, and the hospitality industry. Additionally, they feature daily Happy Hour deals, providing substantial savings on select products. These diverse discount programs are designed to reward regular customers and attract new ones, enhancing customer engagement and loyalty2. Efixii NFT coupons are uniquely suited to bringing high levels of connectivity between Oasis and its customers, reducing re-engagement costs by up to 80%.
Efixii’s blockchain technology does not require personal information from consumers, removing a major hurdle for adoption. Retailers only need a smartphone to utilize the Efixii app, with no additional training required for staff3. Efixii Uplift stands out as the only end-to-end data chain for cannabis, with a patent application approved by the US Patent Office.
About Global Compliance Applications Corp. “GCAC”
GCAC is a global leader in designing and developing innovative blockchain technologies and machine learning solutions to improve real-world businesses. GCAC's leading solution is Efixii, an Ethereum Layer 2 blockchain and EVM programming functionality that is on par with other Layer-2's, such as Polygon. GCAC can connect product producers, distributors, manufacturers, and retailers through a series of value chain dApps that allow for data connectivity to drive better consumer experiences and sales. GCAC serves as a one-stop digital coupon shop that saves users money on cannabis and CBD that may have Efixii-blockchain verified seed-to-sale lifecycle information. GCAC works in many agricultural industries providing a value-added blockchain offering through a cost-effective SaaS licensing model.
For more information, please visit https://globalcompliance.app/, or review its profile on sedar.com and the Canadian Securities Exchange thecse.com.
GCAC Press Contact
+1 (800) 409-5679
Forward-Looking Information
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.
About CLS Holdings USA, Inc.
CLS Holdings USA, Inc. (CLS) is a diversified cannabis company that acts as an integrated cannabis producer and retailer through its Oasis Cannabis subsidiaries in Nevada, with plans to expand to other states. CLS stands for "Cannabis Life Sciences," in recognition of the Company's proprietary method of extracting various cannabinoids from the cannabis plant and converting them into products with a higher level of quality and consistency. CLS's business model includes licensing operations, processing operations, processing facilities, sale of products, brand creation, and consulting services.
CLS Holdings USA, Inc. Contact Information:
Corporate:
Andrew Glashow, Chairman and CEO
888-260-7775
Investor Relations: investors@clsholdingsinc.com
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clsholdingsinc.com
Instagram: @clsholdingsusa | Facebook: @CLSHoldingsUSA
Twitter (X): @CLSHoldingsUSA | LinkedIn: @CLS Holdings USA Inc
Forward-Looking Statements
This press release contains certain "forward-looking information" within the meaning of applicable Canadian securities legislation and ''forward-looking statements'' as that term is defined in the Private Securities Litigation Reform Act of 1995 (collectively, the ''forward-looking statements''). These statements relate to, among other things, the expected development of our business and joint ventures, results of operations and financial performance, future liquidity, working capital, and capital requirements. The continued spread of COVID-19 could have, and in some cases already has had, an adverse impact on our business, operations, and financial results, including through disruptions in our cultivation and processing activities, supply chains and sales channels, and retail dispensary operations as well as a deterioration of general economic conditions including a possible national or global recession. In some cases, you can identify forward-looking statements by terminology such as "may," "might," "will," "should," "intends," "expects," "plans," "goals," "projects," "anticipates," "believes," "estimates," "predicts," "potential," or "continue" or the negative of these terms or other comparable terminology. These forward-looking statements are only predictions, are uncertain, and involve substantial known and unknown risks, uncertainties, and other factors which may cause our actual results, levels of activity, or performance to be materially different from any future results, levels of activity, or performance expressed or implied by these forward-looking statements. We cannot guarantee future results, levels of activity, or performance. You should not place undue reliance on these forward-looking statements, which speak only as of the date that they were made. These cautionary statements should be considered together with any written or oral forward-looking statements that we may issue in the future. Except as required by applicable law, we do not intend to update any of the forward-looking statements to conform these statements to reflect actual results, later events, or circumstances or to reflect the occurrence of unanticipated events. See CLS Holdings USA filings with the SEC and on its SEDAR profile at www.sedarplus.ca for additional details.
About City Trees
Founded in 2017, City Trees is a Nevada-based cannabis cultivation, production, and distribution company. Offering a wide variety of products with consistent results, including cannabis concentrates and cannabis-infused products. City Trees products are available in numerous dispensaries throughout the states of Nevada, New Mexico, and New York, and plans to expand to other states.
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citytrees.com
Instagram: @citytreesofficial | Facebook: @citytreesofficial
Twitter (X): @CityTrees | LinkedIn: @citytrees
About Oasis Cannabis Dispensary
Oasis Cannabis has operated a cannabis dispensary in the Las Vegas market since dispensaries first opened in Nevada in 2015 and has been recognized as one of the top cannabis retailers in the state. Its location within walking distance to the Las Vegas Strip and Downtown Las Vegas in combination with its delivery service to residents allows it to efficiently serve both locals and tourists in the Las Vegas area.
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oasiscannabis.com
Instagram: @oasisdispensary | Facebook: @oasisdispensarylv
Twitter (X): @OasisCannabis | LinkedIn: @OasisCannabis
1https://newsroom.globalcompliance.app/234860-gcac-partners-with-cannabis-life-science-to-bring-discounted-cannabis-to-nevada-s-200k-veterans