Lift & Co. Corp. (TSXV: LIFT) (OTCQB: LFCOF) (“Lift & Co.”
or the “Company”) today is pleased to announce a strategic
partnership with MCI USA, a recognized leader in meetings, events,
and conferences, to grow Lift & Co.’s events portfolio. The
Company is also pleased to announce in response to the current
COVID-19 pandemic, it has successfully rescheduled its flagship
Lift & Co. Expo in Toronto to November 22-25, 2020 at the Metro
Toronto Convention Centre (“Toronto Expo 2020”).
MCI USA is part of MCI Group, an international leader in event
management executing 6,800+ projects annually out of 31 countries
across the globe. Lift & Co. selected MCI USA as a strategic
growth partner based on the company’s record of scaling event
portfolios and their previous investment in the North America
cannabis industry through a strategic event partnership with the
National Cannabis Industry Association (NCIA). In a similarly
defined partnership, Lift & Co. – together with MCI – will
deliver an unparalleled platform to cannabis brands looking to
drive essential B2B and B2C experiences by growing the Lift &
Co. events portfolio more efficiently on a national and
international scale.
“Started in 2016, the Lift & Co. events portfolio serves
over 40,000 attendees and 500 exhibitors annually. Our events are a
pillar of the North American cannabis industry,” said Matei Olaru,
CEO of Lift & Co. “Partnering with MCI will unlock further
value through economies of scale, new revenue opportunities and
increased resourcing, and enables us to more effectively scale Lift
& Co.’s digital business segments.”
Effective immediately, MCI USA will assume operational control
of Lift & Co.’s event portfolio and will begin to work with the
Company on the newly scheduled Toronto Expo 2020. Lift & Co.
will continue to provide strategic direction, brand support and
programing while retaining 100% ownership of the events portfolio.
MCI USA will charge a management fee for its services which Lift
& Co. believes will be more than offset with reduced overheads,
cost savings and revenue growth compared to historical events.
“We look forward to partnering with Lift & Co. to
strategically grow and scale their events portfolio by leveraging
our expertise and relationships in the cannabis marketplace across
North America,” said Shawn Pierce, President, Strategic Events,
Meetings & Incentives, MCI USA.
The Toronto Expo 2020 will evolve from previous events in
format, content and breadth to serve the emerging state and
interests of the cannabis industry and its stakeholders. Sunday,
November 22nd will begin with the event’s flagship full-day
consumer experience and November 23rd-24th will be a two day
industry-only tradeshow. Running concurrently during the two
industry days will be a full-day Lift & Co. Cannabis Business
Conference on November 23rd and a new full-day business
conference on November 24th, the Psychedelics Summit – presented by
Lift & Co., which will be the first major event in Canada on
the business and science of the emerging industry. The November
Expo will be operationally executed by MCI. More information will
be available soon at www.liftexpo.ca.
About MCI MCI is the global leader in engaging
and activating audiences. Our business is founded on a simple human
insight: When people come together, magic happens. This magic is
called community. Since 1987, we have been bringing people together
through inspiring meetings, events, congresses and association
management. MCI helps organizations harness the power of community
by applying our strategic engagement and activation solutions to
build unforgettable online and offline experiences that foster
change, inspire, educate and enhance business performance. MCI is
an independently owned company with headquarters in Geneva,
Switzerland and a global presence. Our 2,500+ professionals in 60+
cities and 31 countries work with clients across Europe, the
Americas, Asia-Pacific, India, the Middle East and Africa. Find out
more at www.mci-group.com.
About MCI USA MCI USA helps companies and
associations strategically engage and activate their target
audiences, building community and boosting client performance
through face-to-face, hybrid and digital experiences that support
client business objectives. With US headquarters in the Washington,
DC area and growing offices in New York, Miami, Baltimore, Dallas,
and now Chicago, MCI USA is rapidly expanding its platform to
deliver a robust set of services in its Association and Corporate
Solutions portfolios. Find out more at www.mci-group.com/usa.
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. 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.
For further information:
Lift & Co.:
Kasia MalzChief Financial Officer416-953-6657kasia@lift.co
Investor Relations:Thesis CapitalPrit
Singh905-510-7636psingh@thesiscapital.ca
MCI USA:
Nicole BuraglioDirector,
Marketing972-349-5565Nicole.Buraglio@MCI-Group.com
Li FT Power (TSXV:LIFT)
Graphique Historique de l'Action
De Déc 2024 à Jan 2025
Li FT Power (TSXV:LIFT)
Graphique Historique de l'Action
De Jan 2024 à Jan 2025