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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
Post by OptimumCannaon Apr 26, 2018 4:39pm
158 Views
Post# 27946813

Namaste

Namaste The state of the union for Namaste would be: To Sit Back, Relax and Enjoy the Ride. No one promised that it would be a ride straight up. Namaste had a stock price of .18 on Jun 21 2017. That is a 8 fold increase at today's stock price. Nothing goes straight up without a correction. We are living that now. N traded sideways for months last year before its most recent run up. Announcement after announcement with no movement. Then one day the rally started to $4.40. History has a way of repeating itself in the cannabis space. Namaste will soon again have its moment. Catalysts include but are not limited to1) TSX-V uplist (I would suspect no later than the end of May. TSX-V uplist documentation states "Once your listing application has been approved, the posting of the securities for trading may take place shortly thereafter as a general rule, not more than 90 days after approval of the listing application." Kory alluded on the recent 420 that all prework has been completed or is near to completion. End of May is my hope but technically it could still be 3 months out) 2) Granting of sales licence. (Expectation: By the end of May from Sean's commentary.) 3) Legalisation vote on June 7th 4) Additional supply agreements or partnerships for synergy (Expectation: Update or new agreement every 2-3 weeks) 5) Financials. We will see large year over year growth in revenue. Expenses are expected to be high. I foresee a favorable response to this revenue growth. Mostly everyone is the Cannabis space is not close to being profitable. For the member's who bought in at above $2.00, Relax. Sean, Kory and team are working diligently for us. The company's revenue model is lean. Namaste MD is gaining momentum. (This will be confirmed on May 7th with sales numbers and patient count). Our Canadian Platform can be easily integrated internationally. I argue that the 15-20% referral fee Namaste receives is overlooked completely. This fee allows Namaste to bring in revenue while gauging its Supply Chain Management. They will be able to determine their Cannabis Inventory while mitigating losses. I suspect that Namaste will eventually be able to drop ship to clients directly from LPs. Australian Vapes is our number 2 revenue producer, is growing and is providing strong margins. (Maybe even profitable) The is a real company that is set to be producing real profits within the year. The market will wake up very soon to this revenue producing juggernaut. When you compare its revenues to the big LPs, this becomes evidently clear. If you are worried and BELIEVE in the company, do yourself a favour, stop checking in everyday. Check in every month or two. If you can't handle the volatility, crystalize your losses or gains and run. This is a well managed company with a vision for an International Empire. Stay Long my friends. -Horsemen4Life
Bullboard Posts