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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 ryang999on Jun 20, 2018 10:30am
224 Views
Post# 28198313

Legalization

Legalization Now that legalization has happened , people will start focusing on the financial performance of the weed companies. While Canopy and Aurora will continue to be the consolidators of the sector and grow their businesses internationally, Namaste will do well if it can become a platform for smaller weed companies to market their products both domestically and internationally. Rather than signing supply agreements with growers , purchase and sell the products in its name, N will be better off acting as a market place where the vendors and buyers make deals, N will just charge a service fee by providing platform, payment service, and quality guarantee, much like Alibaba does for its numerous vendors. This is how I see N can differentiate from Aurora and Canopy and be formidable competitor in the weed space
Bullboard Posts