APPlife Digital Solutions, Inc. ALDSa business incubator and portfolio manager that invests in and builds e-commerce and cloud-based solutions, announced that the Global Hemp Service LLC Website recently completed its extended beta period and is now a fully functional e-commerce platform that offers a wide range of hemp and CBD related products including those for personal, household, beauty, biological and industrial use.
“We are delighted to see the products offered by Global Hemp Service becoming more visible in everyday use around the world. Hemp is a game-changer for its benefits to our climate. APPlife is proud to have been the lead investor in this project and hopes to see it flourish in the coming months,” said Matthew ReidCEO of APPLife.
Together, APPlife and Global believe that the various applications and attributes of hemp could be invaluable to achieving many global sustainability goals, some of which include:
being a superfood that is a good source of protein, omega 3, fatty acids, fiber, minerals and vitamins, antioxidants and more,
using less water than comparable crops and requiring no pesticides or chemicals
create a CBD medicine that can help with several different diseases and conditions such as heart health, cancers, diabetes, pain relief, anxiety, arthritis and addiction
being an ideal renewable energy resource (biofuels, graphene, biopellets, pyrolysis, supercapacitor) that can be grown in any region and is biodegradable, durable and sustainable
as one of the most versatile plants that can be used for industry, infrastructure and innovation such as concrete, fiberboard, steel replacements, composites and bioplastics
Early last year, APPlife had signed a definitive agreement with Global granting it a perpetual, royalty-free, non-exclusive license to use APPlife’s market-ready, mobile e-commerce platform to market, distribute and sell its hemp, cannabidiol and other related products. B2B and B2C products. In return, Global pays APPlife a commission of 2.5% of its gross revenue, distributed on a quarterly basis.
APPlife also received 15% of Global’s outstanding and fully diluted shares with an option to acquire a majority stake when Global meets certain revenue benchmarks.
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