Lift & Co. Announces New Cannabis Consumer Segmentation Solution
November 21 2019 - 7:30AM
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.
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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,
416-220-9536smcmillen@lift.co
Investor Relations:Thesis CapitalPrit Singh,
905-510-7636, psingh@thesiscapital.ca
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