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Lifeist Wellness Inc V.LFST

Alternate Symbol(s):  LFSWF

Consumer Defensive Food Distribution Cannabis Health Care
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 > LFST spent money on development and advertising because...
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Post by whisky11on Sep 21, 2022 6:50am
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Post# 34975664

LFST spent money on development and advertising because...

LFST spent money on development and advertising because...... they have them, almost all branches of the company are profitable or close to it.


…Roilty, has grown dramatically since its introduction in May of 2021, most recently generating more than $1.5 million in revenue in the second quarter of 2022.”

“Roilty initially launched with two (2) products, and CannMart has since expanded the product portfolio, such that by the end of the third quarter of 2022, Roilty offers a total of 16 products available in nine provinces and territories across Canada…”
https://www.globenewswire.com/news-release/2022/08/31/2507607/0/en/Lifeist-Refocuses-CannMart-on-Roilty-and-Other-High-Margin-Revenue-to-Accelerate-Path-to-Near-term-Profitability.html
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