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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 > According to a randomtask they need half $1 billion to even
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Post by whisky11 on Jun 10, 2022 6:34am

According to a randomtask they need half $1 billion to even

I didn't make it up it's in his history.
The point is that the first  wellness product it's a star. It will dominate wellness market.
Comment by randomtask on Jun 10, 2022 8:23am
yes that was based on revenues, margins and expenses at the time.  Also at that time, you said 100% of cannabis sales would go though CannMart and that LPs were terrible.  Now lifeless is a LP, have less than 0.5% market share and the share price hit its all time low yesterday :) they also don't even have the production capacity with mikra to meet its own expenses, even at 100 ...more  
Comment by stock1829 on Jun 12, 2022 4:34am
The 'Wellness' market is nothing new. It's a catchall for products and services that are non-prescription.  It's been around since the 19th century.  The products work if you believe they work - so they're pretty much 100% marketing - they have no real theraputic affect.
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