Lifeist Wellness Inc V.LFST

Alternate Symbol(s): LFSWF

Lifeist Wellness Inc. is a Canada-based health-tech company. The Company's portfolio of wellness companies leverages advancements in science and technology to enable consumers to find their individual path to wellness. Its portfolio business units include CannMart, which operates a business-to-business (B2B) wholesale distribution business facilitating recreational cannabis sales to Canadian provincial government control boards including for CannMart Labs, a butane hash oil (BHO) extraction facility producing high margin cannabis 2.0 products; Australian Vaporizers, an online retailers of vaporizers and accessories in Australia; CannMartMD, a Health Canada compliant telemedicine application, providing an integrated patient portal with remote access to healthcare practitioners; Lifeist Vapes, which sells herbal vaporizer hardware and ancillary products in Europe and Canada, and Mikra, a biosciences and consumer wellness company developing and selling therapies for cellular health.

TSXV:LFST - Post by User

Lifeist Wellness Inc > Mikra Admits Costs Are Higher

<< Previous

Bullboard Posts

Next >>

Comment by randomtaskon Aug 18, 2022 1:26pm

71 Views

Post# 34905219

RE:RE:Mikra Admits Costs Are Higher

youre right I read that wrong. They're still out of money in a couple months if they can't sell something or raise more money

Oban1kenobi wrote: They admitted nothing of the sort.

final sentence in their statement

"As soon as we complete more clinical trials and find a way to scale-up production safely without compromising the integrity of the product, we hope to be able to bring down the price so that more people can benefit from it."

They only stated that price is higher than expected for buyers, and that they hope to bring purchase price down in future, so that more people can afford to buy.