Lift & Co. Wins Multiple Business and Industry Awards in First Year of Legalization
September 27 2019 - 9:30AM
Lift & Co. Ltd. (the "Company") (TSXV: LIFT) (OTCQB: LFCOF)
today proudly announces the Company has placed number 54 of 400 on
The Globe and Mail’s inaugural ranking of Canada’s Top Growing
Companies. Lift & Co.’s achievements were also recognized with
a placement at number 39 on the Canadian Business 2019 Startup 50
list on September 12, 2019, as well as one of Green Entrepreneur
Magazine’s Top 100 Cannabis Companies for 2019 in August.
These awards are a testament to Lift & Co.’s successful
efforts to enable both consumers and businesses to make
better-informed decisions about cannabis through reviews, data,
education and events. The announcement comes on the heels of Lift
& Co.’s Cohesion product launch and validates the Company’s
evolution into a consumer insights data platform.
“On behalf of the Lift & Co. team, we’re honoured to be the
recipient of these three exciting accolades. We’ve experienced
exciting growth across all of our revenue segments in the last
three years,” said Matei Olaru, CEO, Lift & Co. “Our platform
is poised to become even more valuable to the industry as the
sector matures into a key consumer packaged goods market and brands
can leverage consumer data to make better product marketing
decisions.”
The Startup 50 and Canada’s Top Growing Companies lists rank
companies based on two- and three-year revenue growth,
respectively. Lift & Co. earned its place on the 2019 Startup
50 list with a two-year revenue growth of 470% and ranked on
Canada’s Top Growing Companies on three-year revenue growth of
1,054%. Green Entrepreneur Magazine’s Top 100 Cannabis Companies of
2019 list recognizes the top cannabis products, services and events
making an impact in the market today. Lift & Co.’s Expos were
included as a Top Event.
“Receiving these awards reinforces the hard work Lift & Co.
has done to modernize and professionalize the cannabis industry,”
continues Mr. Olaru. “We are looking ahead to our most exciting
phase of growth in this industry, which will further accelerate our
business growth and revenue opportunity: A second, larger market is
set to start in December 2019 with the introduction of
highly-anticipated product formats, Canadian supply is expected to
outpace demand for the first time, and the continued international
expansion of legalization across the United States and Europe; all
act as catalysts and create a need for channels like ours for
licensed producers that will need to shift focus from distribution
to brand marketing.”
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
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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 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
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SOURCE Lift & Co. Corp.
For further information:Lift & Co.Sara
McMillen, Director Communications and Government Relations, Lift
& Co.smcmillen@lift.co1-416-220-9536
Nikki Laoutaris, Communications Manager, Lift & Co.
nlaoutaris@lift.co1-647-464-0148
Investor Relations:Thesis CapitalPrit Singh, 905-510-7636,
psingh@thesiscapital.ca
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