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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 > This is good news for everybody
View:
Post by whisky11 on Jul 23, 2021 12:13pm

This is good news for everybody

How come FAF is red?  I think because the people open more stores so the total sales up but less for every store.
Meni Morim said; if retail brick and mortar don't differentiate from the rest ,will have to fight for survival on the way down. That's why FAF is in red.

...
COVID lockdowns have been weighing on retail sales, while an increase in the number of stores as well as falling flower prices have been boosting sales. In Ontario, the largest province in population, sales were up 3% from April and 171% from a year ago, reflecting the increase in the number of stores. Alberta, which is the second-largest province, was up 1% from April and up 29% from a year ago. Quebec increased 2%, while British Columbia increased 7%. BC, the third largest province, has experienced some of the strongest growth recently, gaining 70% from a year ago...
Comment by randomtask on Jul 23, 2021 1:02pm
FAF is the highest revenue cannabis retailer in Canada, Namaste is the lowest.  FAF market share keeps increasing, N's keeps decreasing.  FAF has 36%+ margins, N's are around 10%.  FAF has stores opening the US this year and is listing on the Nasdaq, N has some SKU's that aren't selling and a processing plant that is already 4 months behind opening.  Meni didn ...more  
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