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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

Comment by randomtaskon Feb 02, 2022 1:45pm
65 Views
Post# 34389927

RE:RE:RE:transfer of registered medical patients to Medicibis

RE:RE:RE:transfer of registered medical patients to MedicibisThis looks to be all B2C, not just medical.  You will no longer be able to buy products from CannMart.

I can't see margins being higher in B2B as you're only the middleman in the process.  

This is them trying to srounge and save as much as they can before financing and financing and then... well we've said it numerous times before.

Oban1kenobi wrote: This is what I have been waiting for for quite some time....Medical was initialy to be a patform from where to launch future endevors, further to that a testing ground on how their E-commerce platform would function. 

They were losing with medical especially with compasionate pricing.!

Now the margins will be looking much nicer :)

GLTA


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