(TheNewswire)
Vancouver, British Columbia, Canada
/ TheNewswire / November 26, 2018 – 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 appointment of Mr. Alon Tzipory to the position of Chief Operating Officer effective immediately, as
approved by the board of directors.
Mr. Tzipory is a successful, Tel Aviv, Israel based, technology
entrepreneur and brings to GCAC over 20 years of experience working with both large and small corporations in the technology,
blockchain and cryptocurrency markets. His company Bridgez implemented the blockchain environment at GCAC, and he is currently the
founder and managing partner of the New York-based J7 Capital, a thriving boutique investment and consulting firm, which introduced
the first tokenized mortgage-backed securities fund.
“I am extremely impressed with the cryptocurrency and blockchain
based digital platform that powers the Citizen Green Community and see great opportunity to leverage the technology in other
industries,” said newly appointed Alon Tripory, Chief Operating Officer GCAC. “Brad has built an impressive team of advanced
technology, blockchain and crypto experts and I am honored to join this talented group. I look forward to working with Brad and his
team and making an immediate contribution to take the Company and our technology to the next level."
“I am delighted to welcome Alon to GCAC as the chief operating
officer. He brings an impressive track record of building blockchain and cryptocurrency-based technology businesses,” said Brad
Moore, CEO of GCAC. “He played an integral role of the building of GCAC own blockchain for our Citizen Green Community digital
platform and is the perfect choice to integrate the marketing and technology teams at GCAC. He will also take the lead as we
develop the strategy to leverage the technology of the Citizen Green Community digital platform and use it with other vertical
markets beyond cannabis. I look forward to working alongside Alon as we continue to expand GCAC and create additional value for our
shareholders."
Mr. Tzipory holds a bachelor’s degree in Mathematics, Statistics and
Computer Science and an M.Sc. in Technology Management & Finance from New York University, Polytechnic School of Engineering. He is
a blockchain and cryptocurrency expert who has advised startups and large and small corporations and projects. He is also a founder
and chief executive officer of Bridgez, founder of BitsNGo Cloud, Ray Networks and Cloud Pioneers. Mr. Tzipory has held many senior
positions including Chief Technology Officer, Vice President Product, Team Leader and Software Engineering in several successful
infrastructure software, cloud computing, and web companies.
J7 Capital is a regulation compliant fund that is capitalizing on the
vast credit markets and offers a fixed income instrument where funds are backed by mortgage assets. Its vision is to empower
communities, individuals and businesses to invest wisely and safely into their future and present. Its mission is to create an
equilibrium that builds bridges between crypto financial markets, traditional financial markets and other counterparts like crypto
investors, fiat investors, businesses and individuals. For more information visit: https://j7.capital .About Global
Cannabis Applications Corp.
Global Cannabis Applications Corp. is a global leader in designing, developing, marketing and acquiring innovative data
technologies for the medical 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, regtech, 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 the medical cannabis community. 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 www.sedar.com and on the Canadian Securities Exchange’s
website (www.thecse.com).
https://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. 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.
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