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Lifeist Wellness Inc V.LFST

Alternate Symbol(s):  LFSWF

Consumer Defensive Food Distribution Cannabis Health Care
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

Lifeist Wellness Inc
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(8)
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Post by AP160EDFon Jun 17, 2020 2:25pm
197 Views
Post# 31161359

No matter what happens with N and Choklat, still a win-win?.

No matter what happens with N and Choklat, still a win-win?.

Choklat and N are two good companies both with promising better revenues for the future. I really hope they do come together , solving their differences in order to be stronger. But if they don’t I see the following happening which is still not bad and maybe is why N SP is going up from -10.84% to -6.10% as I write this:

 

  1. Choklat will still be able to sell their edibles and get into the Cannibis 2.0 market, slowly, but surely. Increasing their yearly revenue from 6 million to more.
  2. And Namaste as a 49% shareholder will benefit from this revenue growth. This benefit  will have costed N only 1.5 million bucks. So worst case scenario both companies still benefit, just probably not as much and/or as fast as they were together.

Thoughts?


Bullboard Posts
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