Phyto Partners is investing at the intersection of big data and Big Bud.
The Boca Raton, Fla., firm has entered into a partnership with Frontier Financial Group Inc., a cannabis big-data firm that does business as New Frontier, according to a news release.
In addition to acting as lead investor on a $1 million financing round for the company, cannabis-focused investor Phyto will benefit from access to New Frontier’s data analysis.
Larry Schnurmacher, Managing Partner
New Frontier Financials’ data analytics and business intelligence will provide Phyto Partners with valuable information that will greatly assist its investment process
Read Thomas Dunford’s “Phyto Partners Adds New Frontier to Its Cannabis Portfolio”: http://blogs.wsj.com/privateequity/2015/10/15/phyto-partners-adds-new-frontier-to-its-cannabis-portfolio/