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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 Feb 09, 2021 11:42am
57 Views
Post# 32513173

RE:RE:Random...Gross profit Margins....my mistake

RE:RE:Random...Gross profit Margins....my mistakeLhama, you can't export flower from Colombia, only extracts... so your comment around flower is as useless as your other posts.  You don't even know what's happening with Namaste, don't embarrass yourself with other companies.  Colombian LP's will be targeting Europe for their extracts as the prices are double what they are in North America.  You don't read even know how to open SEDAR, i flew to Colombia to visit multiple producers and speak with their management teams. 

Also, for the record, PCLO produces at $0.04 / gram :)

whisky11 wrote: I think you were right, cost of buying and processing shouldn't exceed one dollar. Outdoor growing marijuana is suitable for processing and is much cheaper than indoors. If I remember it right, not that long ago, if you had proper storage you could buy 1 million barrels of oil and they give you $30 for each barrel so you would end up with 1 million barrels for free and $34 million for nice smile.
Situation with cannabis will not get that far, but the guys investing in the company in Colombia producing for six cents per gram( if you add taxes import duties and shipment cost it will be much more expensive) they can say bye-bye to investment. They just know don't know it yet.

Four cents per gram? Outdoor pot is piling up in a ‘constipated’ market


https://ca.finance.yahoo.com/news/four-cents-per-gram-outdoor-pot-is-piling-up-in-a-constipated-market-164337560.html



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