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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 whisky11on Jun 25, 2022 8:55am
210 Views
Post# 34782131

From Yahoo

From YahooThere is a lot of talk about the company being wind down. In fact, the opposite is true, if you check their website they are hiring for production supervisor and scheduler, which shows that they are ramping up production at their labs facility. 

Also, by management streamlining the business by closing down the unprofitable segments and with the easing of Covid-19 restrictions, we should see increase sales within the cannabis sector...with our 10 SKUs plus distribution partnerships (110+ SKUs), we could see break even soon.
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