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Bullboard - Stock Discussion Forum 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... see more

TSXV:LFST - Post Discussion

Lifeist Wellness Inc > will it fit your bill?
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Post by Klimanjaroview on Jan 27, 2021 10:57pm

will it fit your bill?

Ask yourself who will benefit the most from Namaste technology succes?
The answer is stright forward that the board members of Namaste, shareholders, customers and patients. Therefore, the logic suggets to focuse only on the company menagament which in my opinion upgrates the ship and removes the dents from the past. Unfortunately, the process is strenuous, takes time, is unpleasent and expensive.  

 As you are aware, the company is reaching for the USA market and is awaiting for a Licence from Health Canada. These two facts should open more doors to serve a significantly bigger number of customers and microgrowers as well as it will help the menagament to get a new experiance. I believe that Namaste has learned a lot from the last three years and it will be choosing its business partners more carefully.    

 Namaste finacess are much better than many other marijuana companies and share prices are not truly reflecting companies value.  All of us see a share price first and then everything else because our ultimate goal is to profit from the price difference. Therefore, it is not difficult for people/pundits to express their negative opinions about Namste and to paint it in dark colors, espacially, when the share price is low for a such long time. This part of the investment could be irritating but the competition is ferocious whether we like it or not. In my opinion, competition make us stronger and more conscious, that is all. 

In general, the medical and recrational marijuana has a future but the problem is that governments like status quo and some institutions have no intrest or oppose any changes which may have negative impact on them. I hope that the knowlage, technology and ethics will prevail in this war sooner than later and Namaste will strive to be one of the front runners. 

 
KV
Comment by steveM45 on Jan 28, 2021 12:22am
Are you kidding? Had to pay salaries in options to conserve cash and raised money at the low to avoid bankruptcy within a cpl months.   Or do you mean something like garbage is much better than feces? Because they're not THE worst, they are somehow good? Much better finances than who?  Whisky & Diskey?  
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