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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’s B2B revenue
View:
Post by whisky11 on Jan 15, 2022 11:50am

.CannMart’s B2B revenue

Business- to- Business is big and profitable.
...CannMart’s B2B revenue stream represented approximately 90% of Lifeist’s cannabis revenue ...and all of the revenue growth and gross margin contribution during each of these periods...
 
. This is big, B2B most of the time it's "no touch" it's mean that the merchandise goes directly from producer to the large retail distributor without being storred or moved by Cannmart.
Cannmart.com sell knowledge and data about producers and customers and they charge fee for those services.
Margin is high expenses are low. Can grow and expand forever.
This is huge if you think about it, years ago it was 30% and 50% maximum.
 
Comment by randomtask on Jan 15, 2022 11:57am
How are margins higher when you are only the middleman?  Selling B2C has higher margins as you are eliminating the distributor.  Is there anything you won't lie about?  CannMart posts over 50% of Lifeless losses and the more B2B that represents their business model, the lower their margins become and the greater the losses.  CannMart will never be profitable, bottom line ...more  
Comment by steveM45 on Jun 13, 2022 2:03pm
Cannmart now shut down, website down, share price down....business wind down continues.
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