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Stock impact report

New Frontier Data Acquires Zefyr For More Than $10 Million [Forbes]

NEW FRONTIER CORP (NFC) 
Company Research Source: Forbes
New Frontier Data Acquires Zefyr For More Than $10 Million Washington, D.C.-based New Frontier Data Zefyr Inc a news announcement New Frontier Data Founder and CEO Giadha Aguirre de Carce cited the cannabis consumer as a principal reason for the acquisition. The interest in appealing to this demographic came “in 2017 and 2018, when we set up to explore the newly emerging European cannabis market, we found a substantial and growing interest stemming from large CPG companies,” she explained. “We have since cemented our position in Europe with an office in London and have been working with multinational enterprises looking to not only assess cannabis market risks and opportunities, but to now also begin connecting with, or more precisely, targeting the cannabis consumer.” This beggars the question—why Zefyr? “Zefyr was, and still is, the only truly-seasoned and previously-successful ad tech and data science talent,” continued Aguirre de Carce. “[Co-founders] David Skull and Jason Giles a Show less Read more
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