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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

Comment by randomtaskon Jun 10, 2022 8:23am
80 Views
Post# 34746425

RE:According to a randomtask they need half $1 billion to even

RE:According to a randomtask they need half $1 billion to even

yes that was based on revenues, margins and expenses at the time.  Also at that time, you said 100% of cannabis sales would go though CannMart and that LPs were terrible.  Now lifeless is a LP, have less than 0.5% market share and the share price hit its all time low yesterday :)

they also don't even have the production capacity with mikra to meet its own expenses, even at 100% margins (they are predicting 40% so call it 30% at best :) )


whisky11 wrote: I didn't make it up it's in his history.
The point is that the first  wellness product it's a star. It will dominate wellness market.

 

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