Brad Moore, CEO of Global Cannabis Applications Corp.
Commenting on the GCAC Uniswap token Moore said, “A large portion of our consumer base, and when I say our consumer base I’m talking about the CBD, recreational marijuana and medical cannabis consumer base, are people between ages 30 to 45, millennials starting families and also the people willing to use cannabis products, and cannabis as a whole, without a lot of the preconceptions and stereotypes.
Moore continued, “So, we entered into a two-year marketing contract with Abbey Technology in Switzerland and they designed and published the GCAC token on Ethereum, that token went out and now 400+ people who didn’t know about what GCAC did with Efixii and our QR Code system now did, and that’s important.
“When you take a look at Herb Industries, by far our biggest deal, they’re projected to do 44 million grams in 2022, and you look at my goal for 98 million grams by next year, that’s pretty much 50% of that target in that one deal alone.
Licensed by the Maltese government, Herb’s 12,000 SQM facility’s manufacturing lines will export to other EU members’ markets for pharmaceuticals, solids, semi solids, liquids, flowers, cosmetics and edibles.
GCAC charges a one-time configuration fee of $12,500 , $50 per registered employee per month for KYC/AML, an export fee of $75 per cannabis batch and a consumer Efficacy-QR-code fee of $75 per retail product; in total, these fees generate CDN$.20/gram with a further potential yield of CDN$.18/gram in future data sales.
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.
Driven by digital and cannabis industry experts, GCAC is focused on generating revenue from SaaS licensing its technology and acquiring high quality cannabis datasets that improve patient outcomes and to become the world’s largest cannabis efficacy data provider.
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The Biden administration faces a major dilemma in its dispute with the European Union over Trump-era steel and aluminum tariffs: back down to avoid acute pain for Harley-Davidson Inc and whiskey distillers or stick with the duties even though they are now exacerbating acute shortages for U.S.
The tariffs followed a raft of measures barring Australian imports from coal and copper to barley last year.The slump in China was too steep to compensate for increased shipments from Australia to the U.K., Germany and New Zealand: The value of Australia’s total wine exports fell 4% to A$2.77 billion in the year ended March.Duties on Treasury Wine Estates Ltd., the Australian winemaker best known for its Penfolds brand, were set at 175.6%.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.
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It warns in the draft that it could cancel government contracts granted to firms that gain an unfair advantage from such subsidies.European officials are seeking the power to inspect companies’ offices outside of Europe, with the permission of the company and the knowledge of the foreign state, according to the draft.Regulators suggest ways that companies could allay concerns over subsidies, including granting rivals access to infrastructure, licensing on fair terms or publishing research.
Archegos, a family office run by ex-Tiger Asia manager Bill Hwang, along with major banks that financed the fund’s trades, lost billions of dollars last month as its leveraged bets on media stocks quickly soured.
It would complement or come as an alternative to a possible foreign-funded factory, with the aim to double the EU’s market share in semiconductors to 20% by 2030, a target set out by European internal market chief Thierry Breton.
The pan-European bourse said on Thursday it would move its data centre from Basildon, a town east of London, to Bergamo near the Italian financial capital of Milan in the second quarter of 2022.
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