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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 Rockets2021on Mar 27, 2023 5:11pm
218 Views
Post# 35363332

Roilty Sales Increase

Roilty Sales Increase

Roilty highlights in Saskatchewan, February 2022 to February 2023 are:

  • Dollar sales increased 90% year-over-year
  • SKU count has increased from 8 to 24
  • Roilty has secured 70% store penetration, available in 110 of 157 cannabis stores
  • Roilty’s overall market share has grown from 4% to 10% currently; including 65% market share in the shatter category, 37% in the live resin category, and 100% of the sugar wax category

Roilty highlights in Manitoba, February 2022 to February 2023 are:

  • Dollar sales have grown 252% year-over-year
  • SKU count has increased from 4 to 21
  • Roilty has secured 86% store penetration, available in 144 of 167 cannabis stores 

CannMart CEO Daniel Stern said, “These kinds of gains aren’t made overnight, and it’s because of hard work and strong relationship management in these unique provinces that Roilty has been able to thrive. Working directly with retailers has been a great opportunity for the Roilty brand to develop, because it allows for ample conversations and feedback in real time. That qualitative data helps us immeasurably across the customer facing and internal departments at CannMart.”

Added Meni Morim, CEO of Lifeist, “CannMart continues to deliver for Lifeist across the provincial markets. This strong performance is helping Lifeist make progress on its path to profitability.”

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