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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 Oct 28, 2023 3:12pm
134 Views
Post# 35705786

JJ from Yahoo board.

JJ from Yahoo board.Just read through the 39 pages. Management is doing as promised: focusing on high margin products and future products in the pipeline, shedding losing businesses and additional expenses, driving down operational and costs, and focusing on path to profitability. Of course it would be nice to see quicker revenue growth. But with supply chain issues with hardware for Labs and ingredients for cellf, they have kept the pressure on to keep making and selling product. The next few months’ PRs should confirm what they have put in motion is working and sustainable. I consider this a solid earnings release. Happy Saturday investors. As usual, ignore the FUD.
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