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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 Jan 14, 2022 10:07am
51 Views
Post# 34316487

RE:Business- to- Business is big and profitable.

RE:Business- to- Business is big and profitable.CannMart posted the largest loss of all streams at ($3,094,000) over half of Q3's loss of ($6,053,000) (unadjusted).   Congrats on celebrating the biggest loser of Lifeless :)

whisky11 wrote:

...CannMart’s B2B revenue stream represented approximately 90% of Lifeist’s cannabis revenue for the nine months ended August 31, 2021 and for the twelve months ended November 30, 2020, and has delivered substantially all of the revenue growth and gross margin contribution during each of these periods...

1. Larger transactions
2. Longer sales cycles.
3, Business -to -business customers have much higher "lifetime value"
 



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