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Lifeist Wellness Inc V.LFST

Alternate Symbol(s):  LFSWF

Consumer Defensive Food Distribution Cannabis Health Care
Lifeist Wellness Inc. is a Canada-based health-tech company. The Company's portfolio of wellness companies leverages advancements in science and technology to enable consumers to find their individual path to wellness. Its portfolio business units include Mikra, which is a biosciences and consumer wellness company developing and selling products for cellular health and CannMart, which is a business-to-business (B2B) wholesale distribution business facilitating recreational cannabis sales to Canadian provincial government control boards.


TSXV:LFST - Post by User

Lifeist Wellness Inc
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Comment by Camper8on May 09, 2017 11:39am
167 Views
Post# 26221134

RE:RE:RE:I'm not worried

RE:RE:RE:I'm not worried
aurorahigh wrote: How am I not worried?  Because I made an investment not a speculation in a company that has promise and real growth potential.  Namaste year end is August.  And 2017 Q1 sales are 77.6% higher than same period 2016.  
Really just a normal healthy pullback in the sector before going forward.  I do think namaste is approaching oversold territory and should correct itself soon enough.  That and I still subscribe to an article in seeking alpha.com titled " a high growth cannabis company trading at less than one times sales".  Yes posted February 20 2017 but still relevant two plus months later.



Everyone should read this link below. We are just in a seasonal weakness but I am confident we will rise again at the end of summer if not sooner. 

https://seekingalpha.com/instablog/9721001-ted-ohashi/4961268-high-growth-cannabis-company-trading-less-one-times-sales
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