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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 Oban1kenobion Feb 09, 2021 1:56pm
59 Views
Post# 32514839

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

RE:RE:Random...Gross profit Margins....my mistakeWhy thank you very much, but hey if I was using terms incorrectly in a discussion then it is what it is.  I was wrong.

I am fairly new to this so still learning :) 

Expenses actually should go up at certain times ie: new ventures/expanding but these should once again drop (not level off) once things are established. 
Some expenses will go up this quarter but some should go down (such as inventory, if management is being honest).  I hope not to see an increase in salary costs at this point in time (at least not a major increas that cannot be accounted for)

sounds fair regarding the Medical vs recreational,  I was personally impressed that they held their own against the bigger players to an extent  (I hope that more is going on behind the scenes regarding their expansion into the rec side), we might be in for some positive surprises.


I do not think that the Peakbirch colaboration was destined for accessories (I sure hope not) but more so a cheaper "in" than others as well as some valuable data for the longer haul.
Remember NAMASTE is no where near the size of the big boys in this space BUT their scalabiltiy and nimbleness to navigate through different scenarios and challenges should outperform their competitors. 

I have heard you mention FAF in the past,  (HITI) I believe is new, do either of these have plans internationaly or are they strictly Canadian ?.....I cannot say anything about either as I do not know anything about them.

Regarding Cannmarts margins, we will have to wait and see.  I just know what I would expect if I were processing :) 

the longer we wait for license the longer this will drag out. ....this is a key component to moving forward

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