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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 5:08am
141 Views
Post# 32406993

Current Fair market valuation of 83 cents

Current Fair market valuation of 83 centsBased on projected 27 Annual Revenue and a 10X sales valuation they should be at 83c a share. They also have 46,000,000 in Assets and $42,000,000 cash on hand after the bought deal. Enough to survive the burn rate / expansion. If US changes their policy, Revenue could 5X in 2021 further increasing valuation to what we saw during the Canadian frenzy back in 2017-18 to the $3.00 range. Sprinkle the potential of another 350,000,000 next door market and you have a time bomb ready to explode. 

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