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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 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. Mikra's products consists of Focus, Protect, Serenity, and CELLF.


TSXV:LFST - Post by User

Bullboard Posts
Comment by GreenPepperson Feb 02, 2017 4:18pm
191 Views
Post# 25791723

RE:C$15.7 million Revenue for year end August 31, 2017

RE:C$15.7 million Revenue for year end August 31, 2017
Chandlebon wrote: Is it fair to say their estimates are completely unreachable considering November only saw 1 mil and December under 1 mil in revenue? I would think Christmas would be their busy season so that wouldn't even be 12 mil in revenue.


In my opinion you arent factoring in any growth. Germany just legalized. MJ will soon be taking market share from alcohol companies as people decide to switch or smoke daily instead of having a couple beers every night. The point is, as MJ becomes an option to law abiding citizens around the world people will learn the truth about pot. More people will use it. Those people will want to use pot in the most efficient and cleanest way possible.
It's tough to forcast profitability for this company because there is nothing to compare it to. I know there is going to be considerable growth. I feel 12 Million is conservative.
Just my humble opinion.
Bullboard Posts