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Lifeist Wellness Inc V.LFST

Alternate Symbol(s):  LFSWF

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

Bullboard Posts
Comment by aurorahighon Apr 06, 2018 3:52pm
220 Views
Post# 27845294

RE:RE:The Dealers License - response from management

RE:RE:The Dealers License - response from managementShareholders and N will start to reap the rewards when sales license is given.  Sean mentioned it was for Canada only to start and has his sights on Australia if all goes well.  
They acquired cannmart which had already applied for its sales license.  So it has been a quicker process ( maybe doesn't feel like it sometimes ). 
And apllication process can take 1-3 yrs so not sure if it's the best alternative ( less costly yes ) but at least they're thinking outside the box and being progressive in the sector and with expanding their company.  It's a non binding loi so gives them 30 days to decide if they move forward or not.  
In short, N will be a force in Canada with medical mj.  Just how they secure an import export license or LD license to ship internationally.  They'll figure it out.


Bullboard Posts