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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 Dec 03, 2020 12:29pm
81 Views
Post# 32028994

RE:Random task tell us once again how the company

RE:Random task tell us once again how the company

Clearly you have no idea what the company is about but i'll humour you to help educate the board. I think you forget they don't sell flower, they sell pharmaceutical extracts and derivatives.

They have already had exports to the US but it's not their primary geography due to the competitive market compressing prices.  They won't focus on Canada since margins and demand are relatively low. The focus is on Europe, which is where their current contracts are; prices are 100-400% higher depending on the derivative.  Mexico, they already have a partnership with a pharmaceutical distributor.  Companies like KHRN, PCLO and Clever Leaves likely won't have sales in Mexico until the latter half of 2021 due to legislative red tape required to import.  

They just received GACP certification, which is the government stamping approval that their cultivation and collection of cannabis is top grade.  More Lhama Lies.
 


whisky11 wrote: with $170 revenue a day will explode in sale to protected markets in European Union and United States. Tell us about Mexico. I think economy and climate in Mexico is  more to advantage of local producers. Your company can't export do United States and Canada so in your opinion Mexico being part of North American Trade will allow them to dump fungus infected stuff?


 

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