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Bullboard - Stock Discussion Forum Levitee Labs Inc C.LVT

Alternate Symbol(s):  LVTTF

Levitee Labs Inc. is a Canada-based integrative wellness company. The Company focuses on the centralization of integrative wellness assets. It is involved in transforming the traditional landscape of mental health, addiction, and pain management treatments through evidence-based complementary medicines and psychedelic therapies through its portfolio of wellness assets. The Company’s portfolio... see more

CSE:LVT - Post Discussion

Levitee Labs Inc > Great Fall news for LVT
View:
Post by StockHawk1 on Oct 08, 2021 6:49pm

Great Fall news for LVT

Levitee Labs ( $LVT.C $LVTTF ) is a psychedelic wellness platform that owns many specialized companies: 

 

- Earth Circle Organics is a direct-to-consumer and wholesaler of supplements and superfood products

- MONKE Nutraceuticals sells functional mushrooms 

-ACT Medical Centres are addiction and pain clinics in Alberta 

-Block MD operates electronic prescription platforms in Alberta

- And finally they also own 3 pharmacies that specialize in substance use disorders, mental health conditions, and chronic pain medication prescriptions in Alberta  


$LVT's has had some great news recently:

-They had their IPO on the Frankfurt Stock Exchange. 

-They also published the August financials which showed $893,863 of unaudited revenue


Rn $LVT is down about 3% trading at $0.435, MC is $34.85M


Sources:

https://www.globenewswire.com/news-release/2021/10/01/2307241/0/en/Levitee-Labs-Announces-Listing-On-Frankfurt-Stock-Exchange.html


https://financialpost.com/globe-newswire/levitee-labs-publishes-first-revenue-figures-for-august-2021

 
Comment by GMon on Oct 09, 2021 10:57am
All sounds great, but will all this positive news, I dont understand why it continues to trade below its IPO price and below its peers.  Anyone theories?
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