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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

Post by randomtaskon Feb 21, 2021 8:19am
209 Views
Post# 32620875

CannMart Market Share - 0.38% ** Est ** See Below

CannMart Market Share - 0.38% ** Est ** See Below

From N's paid poster, SSL, 2020 Canadian revenues are $2.6B ($2,600,000,000)

Q3 Total Income for N - $17.9M ** All N data from 2020 Q3 interim financials - Oct 29, 2020 release**
Q3 CannMart Income - $6M
CannMart ("cannabis") - 34%
Est. Q4 income - $8M - ** Jan 13, 2021 NR - $8M in esimated Q4 revs **
Est Q4 CannMart - $2.7M (I'll round up to $4M just to help out) - $8M x 34%

Ok so estimated fisal 2020 (yes i understand calendar year and fiscal year are different but this is for illustration) is about $10M in CannMart income and i'll assume it's 100% cannabis, even though it's actually less with accessories, etc.

Back to the numbers

Est 2020 Namaste cannabis income - $10M ($10,000,000)
Est 2020 Canadian cannabis income - $2.6B ($2,600,000)

Est N cannabis market share = 10 / 2600
Est N cannabis market share = 0.38%

Math, you muppets should learn it.  Yes, there's a lot of noise in that number but if you can come up with a more accurate one in under 5 minutes, please share it with us.


 

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