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.

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Lifeist Wellness Inc

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Comment by Saxon73on Dec 21, 2018 9:43am

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Post# 29145535

RE:RE:RE:Bonify

QuothTheRaven wrote: Namaste already tested the Bonnify strains that were recalled, and they did not past testing and were sent back. The two strains in question were never sold on CannMart.

That said, the issues are much bigger than Bonnify having a crop issue, they are being criminally investigated for knowingly selling illegal black market product in the legal recreational market. Depending on the results of this investigation, up to 14 years in prison, enormous fines, and an almost definite loss of their LP status.

They done messed up good. I'm glad that Namaste is so pedantic about cannabis laws, we don't want to lose our LP status as well! N is taking a bit longer to get everything up-and-running, but they're doing it right (I hope, lol)!

Saxon73 wrote: Quality control issues:

"Health Canada said the products may not meet some of the microbial and chemical contaminant limits specified by federal cannabis regulations."

No different than Loblaws having to pull some apples off the shelves. I don't think it had an influence on the drop. Cannmart is just the grocery store.