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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 whisky11on Jan 15, 2022 11:50am
200 Views
Post# 34320244

.CannMart’s B2B revenue

.CannMart’s B2B revenue
Business- to- Business is big and profitable.
...CannMart’s B2B revenue stream represented approximately 90% of Lifeist’s cannabis revenue ...and all of the revenue growth and gross margin contribution during each of these periods...
 
. This is big, B2B most of the time it's "no touch" it's mean that the merchandise goes directly from producer to the large retail distributor without being storred or moved by Cannmart.
Cannmart.com sell knowledge and data about producers and customers and they charge fee for those services.
Margin is high expenses are low. Can grow and expand forever.
This is huge if you think about it, years ago it was 30% and 50% maximum.
 
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