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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 > Business- to- Business is big and profitable.
View:
Post by whisky11 on Jan 14, 2022 8:33am

Business- to- Business is big and profitable.

...CannMart’s B2B revenue stream represented approximately 90% of Lifeist’s cannabis revenue for the nine months ended August 31, 2021 and for the twelve months ended November 30, 2020, and has delivered substantially all of the revenue growth and gross margin contribution during each of these periods...

1. Larger transactions
2. Longer sales cycles.
3, Business -to -business customers have much higher "lifetime value"

Comment by randomtask on Jan 14, 2022 9:21am
Lie.  All revenue streams create losses as evidenced by each of their financials.  Please provide any sort of documentation that shows B2B having higher revenues, high margins or profits (hint, they are none of those things). The lying lhama will lies about everything and anything.  Sad and embarrassing for your poor family
Comment by randomtask on Jan 14, 2022 10:07am
CannMart posted the largest loss of all streams at ($3,094,000) over half of Q3's loss of ($6,053,000) (unadjusted).   Congrats on celebrating the biggest loser of Lifeless :)
Comment by deet on Jan 14, 2022 10:20am
What do you care, randomtask? Are you even a shareholder?
Comment by randomtask on Jan 14, 2022 10:54am
The better question is why do you believe whisky who is a pathological liar who fails to understand basic math or business...  Lifeless will never be profitable in the cannabis space.  The only hope they have is some miracle wellness product that doesn't even fall under the health category.  I could market sand as a welness product and it's FDA approved... Smoke and mirrors ...more  
Comment by deet on Jan 14, 2022 11:12am
I'm in the market to make money. I don't fall in love (or hate) with any stock . I've made money on this play in the past....and there appears to be some upward momentum. If we get to 14 or 15 cents with lots of volume, I'm adding to my position. That's just me. I always advise everyone to follow their own gut instinct.
Comment by randomtask on Jan 14, 2022 11:40am
interesting that you say trust your gut instinct; i would certainly not recommend anyone choose thier stocks on gut instinct. Do some research, learn how to read the financials (which no one here apparently does)  and most off all don't listen to the muppets who don't understand how the stock market or business work :)
Comment by deet on Jan 14, 2022 11:59am
Research is vitally important, of course. But as you know, there are no guarantees going forward. Things can change on a dime. This is why it's always wise to diversify your portfolio....and sometimes it all boils down to luck. So, do your research and then follow your own gut instinct. In the end , it's a roll of the dice. Never follow anyone else's reccomendations. Don't listen ...more  
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