Lifeist Wellness Inc V.LFST

Funny

[Ninjabujinkan77]

hiw I keep hearing about cannabis companies recovering from post legalization crash... I can only name a small number of such examples... and alot of companies are no more...the remaining companies are still struggling to reach profitability... with some exceptions such as Aphria. However, still been around is of itself a good indicator that profitability will be attainable in the end. So, regulation is getting better and slowly we are seeing the gray market lose market share as products improve and companies innovate. Obviously Namaste is a company worth watching and should be a good long term investment as they are a major player in the ecommerce category within the space. The next earnings will show growth and improvement and that all that matters in the short & long term. Stay long, GLTA!

[rixpix]

The only thing Nam has been good for so far is a trade. Long term investors would highly disagree with you about N being a good long term investment. 

[Ninjabujinkan77]

I myself have been invested in Nam since 2018.... I'm happy with what it is as a company so far, SP has certainly suffered though, as has a great a many in the sector. And, it didnt help when one of the founders screwed up! Andrew left shorted us... and so many other bad and good things have come to pass. But, as company developments have continued to happen in a very real way I'm excited

[whisky11]

Ninjabujinkan77] I myself have been invested in Nam since 2018.... I'm happy with what it is as a company so far, SP has certainly suffered though, as has a great a many in the sector. And, it didnt help when one of the founders screwed up! Andrew left shorted us... and so many other bad and good things have come to pass. But, as company developments have continued to happen in a very real way

[randomtask]

they're not profitable nor will they be anytime soon. I'm looking forward to Q4 more than you are :)

[Ninjabujinkan77]

I get what your saying.... but I think we will be ok.

[Namascam]

Q4 will show increased revs with flat margins and a tapered loss. Won't be anything spectacular... they need to get labs online and push in house high margin products. The US market will allow them to drive current mediocre margin product (even the offbrand CBD and hardware) to offset some expenses. If labs doesn't get their licence today, I expect the bleeding to continue.

[randomtask]

I agree for the most part.  I can't see them doing anything serious in the US other than accessories which again won't add much to the bottom line.  From the CBD side, i don't see PeakBrich being more than a shell for now that they've pumped news about for the raise.  They will need funds immediately as they only had one quarter of resources left.  Labs is

[Ninjabujinkan77]

I agree with you on that... S.D. aka manbun was way too much, with all the you tube 420z and trying open a cafe when you wouldn't even be able to legally consume the products if placed with THC?? Just two examples of what I considered to be better off dead. Now, we have a CEO that is mature and speaks to an industry with a sense of reality of the many challenges and yet a keen awareness of

[rixpix]

Ninja, Andrew Left knows what he's doing. He doesn't short just any company. If he shorted Nam I'm sure he had valid reasons.  GL

[Ninjabujinkan77]

better not look at what happened to Citrion and their leader Andrew Left and GAMESTOP lol.... he/they lost so much money he publicly announced needing to rethink their entire strategy... oh and not mention Nam is still here making in roads , of which he claimed would never happen.... but ok dude whatever you say lol

[rixpix]

Ninja, no doubt Left got screwed by shorting GME, but that doesn't mean his move was the wrong move. Dude, GME is not even worth a tenth of where they are now.   I still believe the only thing this stock is good for is a trade. GL

[Ninjabujinkan77]

one can't deny Andrew Left does know how to short a stock... even if it means throwing dirt on clean companies becuase we all know it happens... but he obviously is good at what he does and usually he's right. I agree that gamestop is over valued right now for sure! But losing buckets of money must hurt.. anyway I respect your opinion about N, as a trader it makes some sense. I know of a