GMC Canyon Weight Carrying vs Weight Distributing Hitch
So after some research I figured out that since the factory installed hitch is only rated for weight carrying and does not have a different rating for weight distributing, (like the factory hitch on my K2500) to be safe I needed a hitch rated for both to use my weight distributing and sway control system.
Ended up ordering a Draw-Tite hitch mainly because it picks up 4 additional attachment points vs other MFG that I found. The weight carrying rating is very similar to the GMC factory hitch, but unlike the OEM hitch it is also rated for WD.
Obviously this does not change the vehicle limits on towing capacity, but does allow me to use the system to level the TV and trailer.