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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

Comment by randomtaskon Nov 23, 2020 7:31pm
50 Views
Post# 31957686

RE:Namaste have 49% Pineapple Express, Randomtask stop lying

RE:Namaste have 49% Pineapple Express, Randomtask stop lyingPage 9 of Q3 Interim Financial Statements available on SEDAR discloses that Namaste now only holds 30.3% of Pineapple Express.

Stop lying lhama, you're digging yourself a deeper hole with every post.

whisky11 wrote: Pineapple Express revenue increased by 300% or something like that. With increased revenue comes increased share price.

namaste-provides-covid-19-operational-update-and-announces-agreement-with-adastra-labs-806779956.html

Pineapple Express Update
World-Class Extractions Inc. (CSE: PUMP) (FRA:WCF) (OTCQB:WCEXF) ("WCE"), an innovation-driven company that deploys and manages purpose-built cannabis and hemp extraction and processing centres, has acquired a controlling interest in Pineapple Express Delivery Inc. ("Pineapple Express Delivery"), a privately held, Toronto-based delivery company in which Namaste holds both common shares and debt. As part of the transaction, Namaste will be able to convert its outstanding debt (approximately $1.6M) into the same value of WCE common shares in 11 months time. In addition, Namaste has granted WCE the option to acquire Namaste's common shares of Pineapple Express Delivery, which is exercisable during a 60 day period beginning two years following the closing of the transaction between WCE and Pineapple Express Delivery. All funds paid as a result of the transaction, will be received by, and remain in Pineapple Express Delivery to further fuel its growth and ongoing  operations. This transaction allows Namaste's management to increase their focus on Namaste's core business, while adding a new conversion feature to Pineapple Express Delivery's debt thus providing a path to additional liquidity in the future.



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