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Tuesday, 04/13/2021 1:35:20 PM

Tuesday, April 13, 2021 1:35:20 PM

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FUAPF (GCAC-Global Cannabis Apps Corp) announces a new licensing agreement with Herb Industries Ltd. FUAPF's Citizen Green Efixii platform will be a part of Herb’s ‘technology farm’ for use in its cannabis compliance and consumer transparency. In total, these fees generate CDN$.20/gram with a further potential yield of CDN$.18/gram in future data sales.

“44M grams in 2022 and 66M grams every year thereafter is an absolutely massive revenue opportunity for us on a per gram basis” states GCAC’s CEO Brad Moore. The European cannabis market is the largest in the world, with a forecast CAGR of 67.4% set to value the market at €3.2 billion by 2025.

https://cannappscorp.com/2021/04/13/gcac-closes-largest-revenue-deal-for-its-efixii-seed-to-seed-platform-with-malta-based-medical-cannabis-cultivator/?fbclid=IwAR1Ys-iuavDksSnSUr3dPOuKmQPdC6hti1RdZUsOS_3QO6jA4r-82FKXK0k