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Global Cannabis Engages ICO Expert to Accelerate User Registry Blockchain Development and ICO

(MoneyNewsWire.Net, October 19, 2017 ) Vancouver, British Columbia, Canada – 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 the engagement of Simon Sorockyj, a leading digital economy specialist for initial coin offerings (ICO), ICO management, blockchain strategy and blockchain based loyalty programs.



"Mr. Sorockyj brings a wealth of knowledge and experience to our team as we move to develop a proprietary blockchain database including a token reward based loyalty program," said Brad Moore, CEO of GCAC. "We are building a world leading medical cannabis database, by using the security and immutability of blockchain technology, we are able to collect and protect personal data and reward users for continuous engagement in our apps. Our app users expect the highest level of security and put their trust in our system, and with blockchain technology the database will become safe, secure and trusted, plus a highly attractive and commercially valuable asset for GCAC."



Simon Sorockyj is an entrepreneurial tech lawyer with twenty years of experience specializing in commercialization of mobile applications, fintech, global payment systems and blockchain delivery strategy. He will be developing the Company's Citizen Green ICO strategy and delivery model. Mr. Sorockyj brings significant knowledge to GCAC with a deep background in loyalty program delivery, having developed such programs for Visa, Commonwealth Bank of Australia, ANZ (Australia), ABN AMRO and Merchant 360 (USA). Mr. Sorockyj has also had extensive international experience in enterprise software commercialisation for Accenture and Microsoft.



"I am very excited to be involved with Global Cannabis world leading applications and blockchain delivery platform," said Mr. Sorockyj. "I aim to use my experience in global payments and loyalty programs to help GCAC build a blockchain and token that will be the best in the cannabis industry with the ability to collect sensitive data and reward medical cannabis users for sharing their experiences on the GCAC Apps. Empowering Citizen Green users with a valuable and trusted reward system for personal data sharing using blockchain is a significant development for the cannabis industry."



GCAC is preparing for an imminent ICO to raise non-dilutionary funds for its blockchain based platform. Mr. S orockyj will be charged with the planning and design of the ICO and implementation of the Citizen Green token based loyalty program.



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. GCAC's Citizen Green technologies include mobile applications, blockchain infrastructure and artificial Intelligence. 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 ) .



To schedule an interview, please contact:



Bradley Moore

Chief Executive Officer

Telephone: 514-5619091

Email: bmoore@cannappscorp.com



For more information, please contact:



Corporate Communications

Telephone: 1.855.269.9554

Email: info@cannappscorp.com

www.cannappscorp.com



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.

Global Cannabis Applications Corp.

Corporate Communications

1.855.269.9554

info@cannappscorp.com

Source: EmailWire.Com


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