Lifeist Wellness Inc V.LFST

RE:RE:RE:10 Company Insights You Need To Know

[Cashmeousside]

Boston132 wrote:

Cashmeousside wrote: Great reminder of what the implications are.  To restate what's probably obvious:

-they're going to be selling MJ, not just vapes - huge sales right there;
-they're not producing it, so they'll likely be selling the product of some of the big name MJ producers many of us are already invested in;
-they're likely to replicate this in every country they're in;
-if it's true that online rec sales will be up and running well before retail sales, we will see Namaste earning money off of rec sales before many producers can even get started;
-many producers will need to partner with Namaste if they want to begin selling online right away rather than wait for retail to get rolling;
-customers who start buying rec online through Namaste are likely to turn that into a purchasing habit and continue buying through Namaste even when other companies begin selling retail;

So they won't just have a first mover advantage for being in a brand new MJ industry, but they're likely to be one of the only ways anybody can get their hands on rec MJ in the first few months!

Sounds pretty wild to me.

LP's currently sell medicinal to their patients online, they'll certainly be prepared to sell non medicinal (recreational) online, once the liberals have rolled out legislation!

I'm not sure I understand a couple of your points!

Hi, which ones?  My point is basically what you said in your reply.