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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 > CannMart Market Share - 0.38% ** Est ** See Below
View:
Post by randomtask on Feb 21, 2021 8:19am

CannMart Market Share - 0.38% ** Est ** See Below

From N's paid poster, SSL, 2020 Canadian revenues are $2.6B ($2,600,000,000)

Q3 Total Income for N - $17.9M ** All N data from 2020 Q3 interim financials - Oct 29, 2020 release**
Q3 CannMart Income - $6M
CannMart ("cannabis") - 34%
Est. Q4 income - $8M - ** Jan 13, 2021 NR - $8M in esimated Q4 revs **
Est Q4 CannMart - $2.7M (I'll round up to $4M just to help out) - $8M x 34%

Ok so estimated fisal 2020 (yes i understand calendar year and fiscal year are different but this is for illustration) is about $10M in CannMart income and i'll assume it's 100% cannabis, even though it's actually less with accessories, etc.

Back to the numbers

Est 2020 Namaste cannabis income - $10M ($10,000,000)
Est 2020 Canadian cannabis income - $2.6B ($2,600,000)

Est N cannabis market share = 10 / 2600
Est N cannabis market share = 0.38%

Math, you muppets should learn it.  Yes, there's a lot of noise in that number but if you can come up with a more accurate one in under 5 minutes, please share it with us.
Comment by stock1829 on Feb 21, 2021 8:39am
But N is a market GIANT!  A Namazon! - a huge influence in the market!  Oh wait, that's not reality. Back to playing video in the basement.      :(
Comment by randomtask on Feb 21, 2021 9:41am
From N's paid poster, SSL, 2020 Canadian revenues are $2.6B ($2,600,000,000) Q3 Total Income for N - $17.9M ** All N data from 2020 Q3 interim financials - Oct 29, 2020 release** Q3 CannMart Income - $6M CannMart ("cannabis") - 34% Est. Q4 income - $8M - ** Jan 13, 2021 NR - $8M in esimated Q4 revs ** Est Q4 CannMart - $2.7M (I'll round up to $4M just to help out) - $8M x ...more  
Comment by SweetSweetLove on Feb 21, 2021 9:58am
I am not a paid poster.  I just post data.  Make your own investment decisions.  GLTA 
Comment by randomtask on Feb 21, 2021 10:24am
you receive no remuneration for posting? From N or a paid affiliate of N?    
Comment by SweetSweetLove on Feb 21, 2021 10:42am
None whatsoever sir.
Comment by SweetSweetLove on Feb 21, 2021 10:46am
Do you receive remunerations for posting? 
Comment by randomtask on Feb 21, 2021 10:53am
No, i do not receieve any remuneration for posting, nor do i short or day trade this security.  in fact, i don't even know anybody that shorts this security since none of my friends have ever heard of Namaste and all of them have cannabis holdings (limited of course) in their portfolios.  None of the people i know that consume cannabis products have heard of them either...
Comment by SweetSweetLove on Feb 21, 2021 11:05am
Why are you here?
Comment by randomtask on Feb 21, 2021 11:13am
squash the lies and manipulations of people like Lhama and shed fiscal realities to the board.  Thoughts on PKB? Market share? margins? Path to profitability? Logistics to "US expansion"....There must be more to you than Control C, Control V
Comment by SweetSweetLove on Feb 21, 2021 11:25am
What is in it for you?  I don't get it.  Why are you trying to save me?
Comment by randomtask on Feb 21, 2021 11:35am
Let's just say it's my way of giving back.  I'm less trying save and more so educate.  You can lead a horse to water but can't force it to drink.  Novice investors armed with knowledge and not big-eyes of promised millions by people like Lhama can make educated decisions.  Lhama lays out fantasies based on false pretenses, making him and his posts very dangerous ...more  
Comment by SweetSweetLove on Feb 21, 2021 11:55am
OK.
Comment by randomtask on Feb 21, 2021 12:16pm
From N's paid poster, SSL, 2020 Canadian revenues are $2.6B ($2,600,000,000) Q3 Total Income for N - $17.9M ** All N data from 2020 Q3 interim financials - Oct 29, 2020 release** Q3 CannMart Income - $6M CannMart ("cannabis") - 34% Est. Q4 income - $8M - ** Jan 13, 2021 NR - $8M in esimated Q4 revs ** Est Q4 CannMart - $2.7M (I'll round up to $4M just to help out) - $8M x ...more  
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