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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 blueboyon Nov 07, 2017 9:00am
90 Views
Post# 26916907

RE:NEWS!

RE:NEWS!Great news!  We all already knew this was live, of course, but having an official news release to the market is MUCH better.

Some takeaways:

1) this is a JOINT news release between Aurora and Namaste.  Not only does this give the news more credibility than if it was released only by Namaste, but it also dramatically increases the number of views that this news release will get (including those that follow Aurora but not Namaste)

2) 200 orders processed in the first 3 days!  That is pretty good.  Even if the average basket price is only $160 (the average from Sept), that is still $32,000 in revenue over only 3 days.  This bodes very well for the sales that we can look forward to through the Aurora site, and also gives an indication of what sales COULD be like if / when additional LP partners (APH, OGI, WEED, etc) are signed up with Namaste.  I see many of these partnerships as inevitable, given NAmaste's dominance in the online vaporizer market.

I had hoped to see the announcement that Namaste's products were live on Aurora's platform but the release of the initial order count was a nice bonus!

BB


Bullboard Posts