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Lifeist Wellness Inc V.LFST

Alternate Symbol(s):  LFSWD

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 CannMart, which operates a business-to-business (B2B) wholesale distribution business facilitating recreational cannabis sales to Canadian provincial government control boards including for CannMart Labs, a butane hash oil (BHO) extraction facility producing high margin cannabis 2.0 products; Australian Vaporizers, an online retailers of vaporizers and accessories in Australia; CannMartMD, a Health Canada compliant telemedicine application, providing an integrated patient portal with remote access to healthcare practitioners; Lifeist Vapes, which sells herbal vaporizer hardware and ancillary products in Europe and Canada, and Mikra, a biosciences and consumer wellness company developing and selling therapies for cellular health.


TSXV:LFST - Post by User

Lifeist Wellness Inc
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(18)
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Comment by MJstockportfolion Nov 21, 2019 10:34am
51 Views
Post# 30378024

RE:Sweet, Whisky or any other longs... what's up with Ontario?

RE:Sweet, Whisky or any other longs... what's up with Ontario?https://www.bnnbloomberg.ca/ontario-mulls-overhauling-pot-licence-system-in-2020-as-sales-lag-source-1.1351505?fbclid=IwAR0Vac7Tpskrhfohy4xr-KMSGah4VL1qPSd_ASkhJhe_0lZMy8zQjJUGuIM



"The Ontario government is considering a plan that would abandon the maligned lottery process that has left it with only two-dozen legal pot shops, and instead pivot as early as January to a system that could lay the groundwork for up to a thousand stores in the province, according to a person directly familiar with the matter.

Provincial officials have proposed moving to an "open allocation" system for issuing pot store licences next year, allowing would-be shop owners to simply apply online and pass a series of background checks to sell legal cannabis in a bricks-and-mortar shop in the province, the person said. It would mark a return to the Progressive Conservatives’ original plan to open enough cannabis stores to support what it believes is a mature market, which analysts estimate to be between 750 to 1,000 outlets, the person added."


Read more at https://stockhouse.com/companies/bullboard?symbol=c.ish&postid=30377932#Rw6d0H6woY8lVvpA.99
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