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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 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

Post by Acura001on Jan 28, 2021 4:59am
100 Views
Post# 32406984

Projected Revenues $$$

Projected Revenues $$$

On January 13 they projected a 2X in revenue from a year ago. This one will fly. Any position under the bought deal financing is a first class position. Anything under 47 cents (Warrants) is a safe bet. Anything between 47 and $1.00 is a good investment given what's around the corner. Let's see who the Reddit frenzy pick next. I saw some share on Namaste there so you never know. The power of the 99% vs 1%.

  • Anticipates quarterly gross revenue, including cannabis revenue, of approximately $8.0 million in Q4 2020; a year-over-year increase of 100% from $4.0 million in Q4 2019 and a quarter-over-quarter increase of 21% from $6.3 million in Q3 2020 
  • Anticipates annual gross revenue, including cannabis revenue, of approximately $27 million in fiscal 2020; a year-over-year increase of 59% from $16 million in fiscal 2019
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