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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

Post by whisky11on Jul 23, 2021 12:13pm
94 Views
Post# 33596273

This is good news for everybody

This is good news for everybodyHow come FAF is red?  I think because the people open more stores so the total sales up but less for every store.
Meni Morim said; if retail brick and mortar don't differentiate from the rest ,will have to fight for survival on the way down. That's why FAF is in red.

...
COVID lockdowns have been weighing on retail sales, while an increase in the number of stores as well as falling flower prices have been boosting sales. In Ontario, the largest province in population, sales were up 3% from April and 171% from a year ago, reflecting the increase in the number of stores. Alberta, which is the second-largest province, was up 1% from April and up 29% from a year ago. Quebec increased 2%, while British Columbia increased 7%. BC, the third largest province, has experienced some of the strongest growth recently, gaining 70% from a year ago...
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