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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

Comment by whisky11on Mar 06, 2024 3:28pm
84 Views
Post# 35918831

RE:RE:RE:RE:Serious question

RE:RE:RE:RE:Serious questionHow come sp.never go up?
a-Blame it on cannabis ,every company went down. If they detached from cannabis they can get can  partners in USA or just get the loan from the bank. They need money to increase number of selection.
They may need as much as 7 to 10 products in wireless

b-Advertising is so expensive and  doesn't guarantee the company will succeed, as a wellness only company ,they can partnership with the big brother with money ,and then spend big on advertising.

c-Management wants to chop the company on pieces and buy with the help of all kinds of tricks for themselves. In last four or five years they haven't buy shares. This action of Board of Directors keeps investors on the fence. If management doesn't trust the company why would I buy. This is the stock price manipulation. Board of directors get paid in shares ,less expensive they are ,more they're getting.
They don't sell shares ,BoD hold them.
Conclusion? Hold on to your shares, vote all of them out, rehire righteous and innocent.


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