Ostrowitz Sells CannaRegs To Fyllo & Joins New Set Up At “Chief Strategy Officer”
There’s nothing said in the release about how much Fyllo paid for CannaRegs but the release said there’s recently been another $US18 million raised which suggests a good cash and stock deal for Ostrowitz, no wonder she’s smiling. Also the release adds, “Fyllo will onboard over 150 CannaRegs customers” . Does this mean Cannaregs only actually have 150 customers after 4 almost 5 years of business & many millions of $’s of investment ? The press release isn’t actually clear on this front. We’re presuming that if this is the case, it is the content that Fyllo want to sell to their existing client base and build in the cannabis sector into their business at the same time. We presume allof this will slowly come out in the wash. The Release reads… Cannabis Marketing Technology Leader Fyllo Acquires CannaRegs to Bolster Compliance at Scale for Brands and Publishers Fyllo to Enhance CannaRegs’ Platform with Improved User Interface and Incorporate its Data into its AI Engine CannaBrain to Automate Creative Compliance CannaRegs CEO Amanda Ostrowitz Joins Fyllo as Chief Strategy Officer CHICAGO, IL (JAN 16, 2020) – Fyllo, the world’s first MarTech platform for the cannabis industry, today announced it…
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Source : CANNANNEW REPORT
Link to original : Ostrowitz Sells CannaRegs To Fyllo & Joins New Set Up At “Chief Strategy Officer”
reposted by Cannabis News World
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