

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.
The above is the detailed content of GCAC Expands Partnership With EMTRI Corp. to Enhance Blockchain and Data-Tracking Services for Cannabis Cultivators in California's Booming Cannabis Market. For more information, please follow other related articles on the PHP Chinese website!

Stead is an RWA project based in Southeast Asia. It serves as a decentralized funding platform for floating infrastructure, including fishing and transport boats, fish cages, and floating houses.

Block explorers provide valuable services for anyone who needs up-to-date and reliable blockchain data, however, high fees and lack of customizability have made many block explorers inaccessible to chains.

Blockchain has come a long way, transforming from a buzzword to a force that's changing the world and there's no way we can look the other way anymore!!

In a groundbreaking step poised to redefine the beauty industry, vanitis has revealed the introduction of its $VATO token

Touring must be comfy, cost-effective, and, most significantly, fulfilling. Whereas charges, reserving irregularities, unhealthy opinions, and lengthy strains could also be symptomatic of the present journey atmosphere, blockchain is providing a appr

Transactions on the top smart contract network now cost less than $0.10, while tokens swaps can be done for less than a dollar. That's in stark contrast with the $100

This development, recently disclosed by Reuters, reportedly aims to detect fraud and streamline the title transfer process.

The world of cryptocurrency is littered with projects that have come and gone, but few have established themselves as lasting innovations.

Hot AI Tools

Undresser.AI Undress
AI-powered app for creating realistic nude photos

AI Clothes Remover
Online AI tool for removing clothes from photos.

Undress AI Tool
Undress images for free

Clothoff.io
AI clothes remover

AI Hentai Generator
Generate AI Hentai for free.

Hot Article

Hot Tools

Dreamweaver Mac version
Visual web development tools

MinGW - Minimalist GNU for Windows
This project is in the process of being migrated to osdn.net/projects/mingw, you can continue to follow us there. MinGW: A native Windows port of the GNU Compiler Collection (GCC), freely distributable import libraries and header files for building native Windows applications; includes extensions to the MSVC runtime to support C99 functionality. All MinGW software can run on 64-bit Windows platforms.

MantisBT
Mantis is an easy-to-deploy web-based defect tracking tool designed to aid in product defect tracking. It requires PHP, MySQL and a web server. Check out our demo and hosting services.

Atom editor mac version download
The most popular open source editor

Notepad++7.3.1
Easy-to-use and free code editor
