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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 > Pressure on this stock is amazing. How low can they push it?
View:
Post by Mindfull on May 17, 2021 12:46pm

Pressure on this stock is amazing. How low can they push it?

The company has good future potential.
Comment by Moetown1 on May 17, 2021 12:59pm
How so? Low margin rates, lack of communication, no special business model that other companies aren't already doing or can do... no more Pineapple Express, chokolat, tilray, aphria, ignite, lied to us and raised money right away after saying they won't for a while. Lack of trust. Laughing stock of the Mj sector in my opinion. 
Comment by KFJ523 on May 17, 2021 5:49pm
Ya like f*ck it does. Up 2 pennies on my 2016 investment. What in the actual f*ck. Absolute trash 
Comment by randomtask on May 17, 2021 5:54pm
If you're an accredited investor think about participating in the next round of funding; should be late fall.  They'll have most of their infrastructure completed and that will be the most opportune time to go long, if there is one
Comment by stock1829 on May 17, 2021 5:52pm
I think at this stage they will just sell off parts of the business and wind it up before they get too far in debt.  There is no more equity to sell and there are no buyers for a company that wholesales medical cannabis and has a vape equipment business.  They don't have the vision or the money to scale up - they're just too small.
Comment by Mindfull on May 18, 2021 8:35am
You guys are part of the pressure I see. Keep bashing to bring it down. It only works for so long then you have to cover. Very risky now.
Comment by randomtask on May 18, 2021 8:42am
If anyone buys or sells based on what they read on Stockhouse or any other forum for that matter, they absolutely should not be managing any part of their portfolio.  Reading comments is not due dilligence, it's entertainment.   The stock is down because they are the lowest revenue, lowest margin publicly traded cannabis retailer in the entire country.  Management lies to ...more  
Comment by KFJ523 on May 19, 2021 12:15am
Cover what? Lmao. I wish I had shares to cover. I'm down 80%
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