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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 LoudMaton Aug 13, 2019 2:46pm
126 Views
Post# 30023111

News tomorrow probably regarding this...

News tomorrow probably regarding this...


From their NR July 26th 2019:


Namaste also announces the advancement of funds related to a promissory note for Pineapple Express Delivery Inc. ("Pineapple Express") for a total of $1,200,000 USD. The promissory note is due on March 31, 2020 and bears a 12% interest rate per annum. Under the original agreement dated July 8, 2018 Namaste has the opportunity to convert the loan into equity on August 14, 2019. If the agreement is executed, Namaste would hold a majority position in Pineapple Express. 

"Cannabis delivery services provided by Pineapple Express complete our unique end-to-end business proposition and support our focus on the customer experience," said Meni Morim, Interim CEO of Namaste Technologies. "Funding provided to Pineapple Express will allow them to scale and expand their presence, providing a seamless user experience for customers across Canada." 

See if they release anything with regards to that news. Good Luck All! Still holding. 

Bullboard Posts