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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 Aug 12, 2021 7:09pm
67 Views
Post# 33698558

RE:Cannmart has 70 to 75% ratio of returning customers

RE:Cannmart has 70 to 75% ratio of returning customers

Why do revenues keep going down then?


whisky11 wrote: Average customers at Cannmart spent more than $150 per visit.
This is the famdation  of investment , that's what you should look at. Do they have the product? yes, do they treat customer right? yes. Because of prohibition on advertising it has to be the way it is, slow. Second quarter numbers weren't impressive because they switched from low revenue deals to higher margin one. So they improve margins but total revenue stagnated. Unfortunately there is no other way to do it, it will change with wellness,Cannmart will be exposed to more potential customers.

 

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