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Bullboard - Stock Discussion Forum Lifeist Wellness Inc V.LFST

Alternate Symbol(s):  LFSWF

Lifeist Wellness Inc. is a Canada-based health-tech company. The Company leverages advancements in science and technology to develop innovative products to support human wellness and transform lives. The Company's key asset is its United States biosciences subsidiary Mikra Cellular Sciences Inc. (Mikra), a biosciences and consumer wellness company focused on developing and selling products... see more

TSXV:LFST - Post Discussion

Lifeist Wellness Inc > They don't publicize, I think they should talk more
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Post by whisky11 on Jul 22, 2021 3:51pm

They don't publicize, I think they should talk more

Seven days from now we will know for sure. I would be happy with the revenue of $15 million, margin should be smaller than 10% that I would like to see
They can't grow if they have 25 % margins. Namaste is profitable as we speak. But to become major player they got to attract as much  of LP's as possible. Legal cannabis market is only 50% in Canada ,there is a huge opportunity to transfer customers from that black market but the price has to be right.
Comment by randomtask on Jul 22, 2021 4:27pm
Well first, $15M is a pipedream for next year if you're lucky.  There is a 0% chance they are profitable in 2021 so don't get your hopes up there.  And there is no way they have margins over 15%.... but you're saying you want margins under 10%?  Please for the love of your family stop investing money, swallow your pride and go see the new kid at the credit union for ...more  
Comment by whisky11 on Jul 22, 2021 7:44pm
Comment by randomtask on Jul 22, 2021 7:53pm
This is a cannabis retailer which only unique attribute is that it's the worst at what it does in the sector.  This will never be the "Amazon of Cannabis" because the management team never comes through on promises and consistenly deceives shareholders.  Everything this company does, another retailer is already doing better. You're going to be embarrassed with the ...more  
Comment by steveM45 on Jul 30, 2021 4:52pm
"profitable as we speak" LOL
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