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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

Post by whisky11on Dec 02, 2022 4:33pm
218 Views
Post# 35147636

It's not a lie dear randomtask

It's not a lie dear randomtaskIt's mathematics and experience from my workplace /career.
See ,if your plant or shop produce $3 million of goods as is the case with labs. So when you have a second shift ( provided that is the same size as first one.) You should easily double production
to $6 million or more.  Workers from the first shift guide and train the new ones from the second shift.  All tools and real estate and taxes been already paid by first shift. And since Labs started second shift  it's fair to say that they will do better than $6 million and margins are higher then AT single shift alone.
It's not much about the second shift, it's about growing number of customers .
We have challenging time for all LP's and somehow LFST is a bright spot.
This will transfer into higher revenue, profit and of course higher stock price.
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