Global Cannabis Applications Corp. (OTCQB: FAUPF) is engaged as a cannabis data technology developer. Shares of the cannabis technology company are rallying 13.28% through early trading on Friday, November 24, 2017. Over the past month, Global Cannabis Applications Corp. has seen average daily volume of 117,139 shares. However, volume of 129,857 shares or dollar volume of $38,957, has already exchanged hands on the day.
Shares of Global Cannabis Applications Corp. are rallying today, after the company announced that it has appointed Mr. Antanas Guoga to the company’s advisory board. Mr. Guoga is a current member of Lithuania’s European Parliament, ICO expert, and more. Here is the full press release detailing of the appointment:
Global Cannabis Applications Corp. Press Release:
Vancouver, British Columbia, Canada, November 21, 2017 – Global Cannabis Applications Corp. (“GCAC” or the “Company”) (CSE:APP, FSE:2FA, OTCQB:FUAPF), a leading developer of innovative data technologies for the cannabis industry, is pleased to announce that Mr. Antanas Guoga has joined its Advisory Board effective immediately.
Guoga, or better known as “Tony G”, is a poker player, entrepreneur, politician and an expert in cryptocurrencies and Blockchain. He is currently Lithuania’s member of the European Parliament and a special advisor to companies like Bankera, an operational axis of SpectroCoin, a cryptocurrency exchange that provides payment processing and other financial services, and the recently-announced online cryptocurrency poker room CoinPoker.
“As we prepare to launch our own Citizen Green Tokens as the basis of a medical cannabis loyalty program, we are honoured to have Mr. Antanas with his knowledge and expertise of ICOs and cryptocurrencies join our Advisory Board,” said Brad Moore, CEO of GCAC. “Global Cannabis is launching the world’s first end- to-end data aggregation and user delivery system for the medical cannabis industry, and digital tokens and blockchain will play an important role. I look forward to working closely with “Tony G” to build a loyalty program which will encourage users to share their data with the Citizen Green mobile applications.”
Guoga was born in Lithuania, grew up in Melbourne and studied accounting and finance at college in Australia. He has worked as an investment banker in Hong Kong and has invested and advised in several successful businesses including a news portal, a life insurance company in Australia, and a trading business in London. In Lithuania, he has invested in real estate and internet projects such as an international betting company, an online sports and leisure store.
About Global Cannabis Applications Corp.
Global Cannabis Applications Corp. is a global leader in designing, developing, marketing, and acquiring innovative data technologies for the 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, reg tech, 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 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.
For more information about the Company, please visit online at www.cannappscorp.com or review its profiles on the SEDAR website (www.sedar.com) and on the Canadian Securities Exchange’s website (www.thecse.com).
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.