/NOT FOR DISSEMINATION IN THE UNITED
STATES OR FOR DISTRIBUTION TO UNITED
STATES WIRE SERVICES./
– Lift & Co. leverages its leadership in
Canada for inaugural international
event to take place in Berlin on
September 5-6, 2019
TORONTO, Feb. 21, 2019 /CNW/ - Lift & Co. Corp. (TSXV:
LIFT) ("Lift & Co." or the "Company") today announces the first
step of its international expansion by selecting Berlin as the beachhead entry into the
European market through a newly announced Lift & Co. Cannabis
Business Conference Europe ("LCBC Europe"). Happening September 5-6, 2019 at the Berlin Congress
Centre, the inaugural LCBC Europe leverages Lift & Co.'s
established role as the trusted authority in the Canadian cannabis
industry to bring European and Canadian stakeholders together under
its banner event series.
"After extensive assessment we determined that the European
market lacks an authoritative connection between Canada's leaders and emerging local players.
Today's announcement is the first step of our platform expansion
into the regulated European cannabis industry where we see further
opportunities in consumer education and analytics," said
Matei Olaru, CEO, Lift & Co.
"LCBC Europe not only lays tracks to position Lift & Co. as a
leader in the global CPG-like cannabis industry, but brings
additional diversified revenue streams to our shareholders. We
expect that with each new market the Company penetrates, our
investors will be rewarded with accelerated growth that builds into
our unique and well-established value proposition."
The Company's annual business conferences in Toronto and Vancouver are perpetually sold out,
must-attend events that attract the who's-who of the cannabis
industry. The most recent LCBC Vancouver this past January broke
previous attendance records by drawing more than 700 delegates and
was described by The Province as "…a diverse and
comprehensive look at the cannabis space, with representatives and
industry experts converging to educate and inspire, sharing
insights and experiences into the nation's leading
market."i
With the LCBC Europe, Lift & Co. aims to leverage its
leadership in the Canadian industry and established industry
network for the benefit of European businesses. Having legalized
the consumption of cannabis for medical purposes in 2017,
Germany is the epicentre of the
European Union's growing cannabis market, which is estimated to
reach $127-billion CAD by
2025ii. As the global cannabis industry transforms into
a new consumer packaged goods industry, the Company's events
strategically consolidate emerging businesses and stakeholders into
clients of the Lift & Co. platform, where future growth
opportunities arise through touchpoints such as insights into
market data.
LCBC Europe is a two-day conference comprising a series of
presentations and panel discussions designed to provide delegates
with actionable insights into the best practices in patient
education, including product preferences, and the latest market
data and emerging trends in cannabis. Select local and
international cannabis companies will also have the opportunity to
showcase their work at the event through LCBC Europe's
business-to-business tradeshow component.
Details on programming and ticket sales will be available at
lift.expo.ca. Cannabis businesses interested in participating in
the LCBC Europe are encouraged to contact sales@lift.co.
Lift & Co. on Twitter, Facebook and Instagram:
@liftandco
About Lift & Co.
Lift & Co. (TSXV: LIFT) is a
publicly-traded technology company modernizing the cannabis
industry.
Forward-looking statements
Neither TSX
Venture Exchange nor its Regulation Services Provider (as that term
is defined in the policies of the TSX Venture Exchange) accept
responsibility for the adequacy or accuracy of this
release.
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 date of this
release. 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.
______________________
i The Province, January 18,
2019.
https://theprovince.com/cannabis-business/icymi-the-recent-lift-co-event-provided-everything-from-a-pitch-competition-to-industry-trends-and-networking-opportunities-for-women/wcm/121f0b1d-e069-41b3-89f1-2bdab5f572cc
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ii BMO Nov 2018 report: $98B by 2025
($30B Medical and $68B Rec). Converted into CAD at 1.30
CAD/USD
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SOURCE Lift & Co. Corp.