Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Bullboard - Stock Discussion Forum Lifeist Wellness Inc V.LFST

Alternate Symbol(s):  LFSWD

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 Mikra, which is a biosciences and consumer wellness company developing and selling products for cellular health and CannMart, which is a... see more

TSXV:LFST - Post Discussion

Lifeist Wellness Inc > From Yahoo
View:
Post by whisky11 on Jun 25, 2022 8:55am

From Yahoo

There is a lot of talk about the company being wind down. In fact, the opposite is true, if you check their website they are hiring for production supervisor and scheduler, which shows that they are ramping up production at their labs facility. 

Also, by management streamlining the business by closing down the unprofitable segments and with the easing of Covid-19 restrictions, we should see increase sales within the cannabis sector...with our 10 SKUs plus distribution partnerships (110+ SKUs), we could see break even soon.
Comment by randomtask on Jun 25, 2022 12:17pm
they have absolutely no way to get break even and you'll see exactly why on the next financials. There is no chance of profitability this year. maybe they are hiring because people keep quitting?  Explains the blow out of shares causing the stock to drop. im looking forward to spoon feeding you muppets the math after the release   
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities