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

Lifeist Wellness Inc > randomtask stop manipulation it's illegal,stop it now

<< Previous

Bullboard Posts

Next >>

Post by whisky11on Jul 29, 2022 7:39am

103 Views

Post# 34859362

randomtask stop manipulation it's illegal,stop it now

LFST couldn't sell Batch #3 because it wasn't produced yet.
% listed at website was in error.So stop it you clown, it's not funny

Mikra encountered unanticipated supply chain disruption challenges due to the war in Ukraine, resulting in increased costs and lead times for Glycerin, Sunflower Oil, and MCT Oil. These unforeseen circumstances required Mikra to identify new vendors and undergo complete re-testing, pushing scale-up manufacturing behind schedule and rendering nearly 30% of Q2 2022 out-of-stock and 50% to date. Mikra has surmounted these challenges and has now officially received Batch #3 and expecting Batch #4, #5, and #6 in the coming weeks to continue to meet current consumer demand and scale revenues.
randomtsk wrote
What's more hilarious is their inability to sell a third batch
... millions of dollars in expenses for mikra with what appears to be under $500k in sales over three quarters. I really hope you weren't banking on this placebo being the silver bullet :)