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Lifeist Wellness Inc V.LFST

Alternate Symbol(s):  LFSWD

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 whisky11on Jan 15, 2022 11:50am
161 Views
Post# 34320244

.CannMart’s B2B revenue

.CannMart’s B2B revenue
Business- to- Business is big and profitable.
...CannMart’s B2B revenue stream represented approximately 90% of Lifeist’s cannabis revenue ...and all of the revenue growth and gross margin contribution during each of these periods...
 
. This is big, B2B most of the time it's "no touch" it's mean that the merchandise goes directly from producer to the large retail distributor without being storred or moved by Cannmart.
Cannmart.com sell knowledge and data about producers and customers and they charge fee for those services.
Margin is high expenses are low. Can grow and expand forever.
This is huge if you think about it, years ago it was 30% and 50% maximum.
 
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