LIFT & CO. ANNOUNCES NEW CANNABIS CONSUMER SEGMENTATION SOLUTION
21 November 2019 - 1:45PM
InvestorsHub Cannabis NewsWire
LIFT & CO. ANNOUNCES NEW CANNABIS CONSUMER
SEGMENTATION
SOLUTION
Industry’s First Digitally-Focused, Addressable
Consumer Segmentation
Offering
TORONTO,
ON -- November 21, 2019 -- InvestorsHub NewsWire -- Lift &
Co. (TSXV: LIFT) (OTCQB: LFCOF), is excited to announce an
industry-first cannabis consumer profiling and segmentation tool:
Cohesion Segmentation - powered by Nielsen. This
solution will bring together industry digital consumer data with
Lift & Co.’s knowledge of the Canadian cannabis consumer into a
powerful tool for cannabis marketers to understand, segment and
target new and existing consumers with great precision.
Launched September 2019, Lift & Co.’s
Cohesion is a consumer insights platform that draws from millions
of cannabis consumer and budtender data points, accumulated through
verified reviews, purchase receipts and brand research on the
Lift.co and CannSell platforms. Now with Lift & Co.’s unique
cannabis consumer profile datasets, brands will be enabled to
accurately identify their custom consumer segments and
digitally-activate these consumers through cross-channel targeting,
providing immediate results, higher customer retention and ongoing
optimization.
“As we pass the first year of legalization,
cannabis brands are mostly flying blind with respect to consumer
marketing, building brand loyalty and connecting with target
consumers,” says Matei Olaru, CEO of
Lift & Co. “Today’s announcement elevates the standard for
cannabis marketers, providing the marketplace with
competitive tools that consumer packaged goods companies have been
leveraging for decades.”
“Lift & Co. Cohesion Segmentation –
powered by Nielsen provides clients with the most complete view of
the consumer and optimize their investments across all touchpoints.
Our data will elevate Lift & Co.’s cannabis consumer
intelligence to inform and activate brand’s marketing strategies
and tactics: who to engage with, how, when and where?”
Cynthia Pachovski, VP Nielsen Media Canada
Lead.
Cohesion is available today as a subscription
service through Lift & Co.
Cohesion Segmentation - powered by Nielsen is in
the final stages of development and expected to launch in early
2020.
About Lift & Co.
Lift & Co.
(TSXV: LIFT) (OTCQB: LFCOF) is a publicly traded technology
company modernizing the cannabis
industry.
Forward Looking
Statements
This news release and each of
the documents referred to herein contains “forward-looking
information” within the meaning of applicable Canadian and United
States securities legislation. All statements, other than
statements of historical fact, included herein are forward-looking
information. Often, but not always, forward-looking information can
be identified by the use of words such as “plans”, “is expected”,
“expects”, “scheduled”, “intends”, “contemplates”, “anticipates”,
“believes”, “proposes” or variations (including negative and
grammatical variations) of such words and phrases, or state that
certain actions, events or results “may”, “could”, “would”, “might”
or “will” be taken, occur or be achieved. Such statements are based
on the current expectations of management and are based on
assumptions and subject to risks and uncertainties. Although
management believes that the assumptions underlying these
statements are reasonable, they may prove to be incorrect. The
forward-looking events and circumstances discussed in this press
release may not occur by certain specified dates or at all and
could differ materially as a result of known and unknown risk
factors and uncertainties affecting the
Company.
Although Lift & Co. Corp
(“Lift & Co. or “the Company”) has attempted to identify
important factors that could cause actual results, performance or
achievements to differ materially from those contained in the
forward-looking statements, there can be other factors that cause
results, performance or achievements not to be as anticipated,
estimated or intended.
There can be no assurance that
such forward-looking statements will prove to be accurate or that
management's expectations or estimates of future developments,
circumstances or results will materialize. Accordingly, readers
should not place undue reliance on forward-looking statements. The
forward-looking statements in this news release are made as of the
date of this release, and subject to change after such date. The
Company disclaims any intention or obligation to update or revise
such information, except as required by applicable law, and the
Company does not assume any liability for disclosure relating to
any other company mentioned herein.
Neither the TSX Venture
Exchange nor its Regulation Services Provider (as the term is
defined in the policies of the TSX Venture Exchange) accept
responsibility for the adequacy or accuracy of this
release.
SOURCE Lift &
Co. Corp. (“Lift & Co.” or the “Company”)
For further
information:
Lift & Co.
Sara McMillen
Director of Communications and Government
Relations,
416-220-9536
smcmillen@lift.co
Investor Relations:
Thesis Capital
Prit Singh,
905-510-7636,
psingh@thesiscapital.ca
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