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.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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
Post by Ravenelon Jan 24, 2018 7:31am
232 Views
Post# 27422049

Canadian Weed Stocks Have Serious Accounting Problem

Canadian Weed Stocks Have Serious Accounting Problemhttps://www.macleans.ca/economy/canadian-weed-stocks-have-a-serious-accounting-problem/

This is what Sean was referring to when he said the top tier licensed producers revenue numbers were misleading because they include potential revenue from stockpiled inventories. Whereas N. only reports actual revenues that have already been shipped out the door.

 "A company, for example, can record revenue if management believes there is a 50.001 per cent probability of collecting the cash."
Bullboard Posts