New Frontier Data to acquire medical cannabis

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Washington, October 29, 2021 (GLOBE NEWSWIRE) – New Frontier Data (https://newfrontierdata.com), the world’s leading cannabis industry data, analytics and technology company, has signed a asset purchase agreement to acquire Skylight The medical cannabis certification companies of Health Group Inc (NASDAQ: SLHG; TSXV: SLHG), Canna Care Docs and Relaxed Clarity. New Frontier Data plans to apply its comprehensive industrial research, technology and consumer engagement capabilities to responsibly and transparently focus on medical cannabis use and the growing community of medical cannabis patients.

“Access to vital medical cannabis data and the patient information they represent has been greatly fragmented and difficult for the traditional medical establishment to embrace,” said Gary Allen, CEO of New Frontier Data. “Continuing our long-standing mission set by our founder (Giadha A. DeCarcer) to tap a diverse set of critical data sources, this acquisition will allow us to shed light on medical cannabis consumption trends for the constituents we serve today. today and tomorrow. “

New Frontier Data will leverage the newly acquired businesses as part of its new medical data division, CannaMedData. Cynthia Petrone-Hudock is leading the new initiative as Interim CEO of CannaMedData.

“While now focused on stabilizing and streamlining people, processes and technology, this transition period is expected to be short, allowing us to quickly focus our efforts on growth and innovation,” with the ultimate strategic objective of optimizing and maximizing the capture of patient data on cannabis, ”said Pétrone-Hudock. “This new and unique holistic view of medical cannabis consumption enhances our data, research and analysis, laying the foundation for traditional medicine to embrace value-based medical cannabis care in the future.”

About New Frontier data:

New Frontier Data is the leading data, analytics and technology company specializing in the global cannabis industry, delivering solutions that empower investors, operators, advertisers, brands, researchers and policymakers to assess, understand, to interact and deal with the cannabis industry and its consumers. .

Our mission is to inform the policies and business activities of the global legal cannabis industry. We maintain a neutral stance on the merits of cannabis legalization through comprehensive and transparent data analysis and projections that shape industry trends, dynamics, demand and opportunity drivers. Founded in 2014, New Frontier Data is headquartered in Washington, DC with a presence in Europe, Latin America and Africa. For more information on New Frontier Data, please visit us at www.NewFrontierData.com.



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