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Lifeist Q3 Revenue Grows 27% YoY, Driven By A 61% Increase In Canadian Cannabis Revenue
Friday, October 28, 2022 - 9:00am | 715Lifeist Wellness Inc. (OTCQB: NXTTF) (TSXV:LFST) (FRANKFURT:M5B) Q3 2022 net revenue increased 27% to CA$6.8 million ($5 million), compared to CA$5.4 million in Q3 2021. Third Quarter 2022 Highlights Net revenue increase was driven by a CA$1.8 million, or 61%, increase in Canadian cannabis...
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Lifeist Q2 2022 Revenue Decreases 15% YoY, Here Are The Details
Thursday, July 28, 2022 - 8:55am | 506Lifeist Wellness Inc.’s (OTCQB: NXTTF) (TSXV:LFST) (FRANKFURT:M5B) net revenue decreased 15% to CA$4.1 million ($3.19 million) in Q2 2022 compared to CA$4.9 million in Q2 2021. Q2 2022 Financial Highlights Gross margin was CA$700,000 (16% of net revenue) in Q2 2022 compared to CA$400,000 (7...
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Lifeist Sells Non-Core Swedish Subsidiary Findify For $4.45M To Maropost
Friday, May 27, 2022 - 12:49pm | 645Lifeist Wellness Inc. (OTCQB: NXTTF) (TSXV:LFST) (FRANKFURT:M5B) sold Findify AB, the company’s Swedish subsidiary that operates an AI-powered product search and discovery platform. Findify was acquired by Lifeist four years ago and successfully integrated technology to increase monetization...
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Lifeist Wellness Reduces Net Los By 37.83% To $3.6M In Q1 2022
Friday, April 29, 2022 - 2:07pm | 660Lifeist Wellness Inc. (OTCQB: NXTTF) (TSXV: LFST) (FRANKFURT: M5B) released its financial results for the three months ended February 28, 2022 (“Q1 2022”) compared to the same period last year (“Q1 2021”). Q1 2022 Highlights Net revenue decreased 1% to CA$5.45 million ($4....
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Lifeist Portfolio Co. Mikra Launches Presales Of CELLF To Help Combat Fatigue, Inflammation & Brain Fog
Wednesday, March 9, 2022 - 10:48am | 407Lifeist Wellness Inc. (TSXV: LFST) (FRANKFURT: M5B) (OTC: NXTTF) announced several business updates regarding its wholly owned U.S. subsidiary, Mikra, Cellular Sciences Inc., including the commencement of presales in the U.S. for its novel cellular therapeutic compound, CELLF, targeted at combating...
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Lifeist Cannabis' Subsidiary CannMart Enters Supply Agreement With Quebec Marijuana Distributor
Tuesday, March 8, 2022 - 9:34am | 317Lifeist Wellness Inc. (TSXV: LFST) (FRANKFURT: M5B) (OTCMKTS: NXTTF) announced that its wholly owned subsidiary CannMart Inc. has established a supply agreement with the SQDC, the sole retail distributor of licensed cannabis products in Quebec, Canada’s second most populated province. As a...
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Lifeist's Cannabis 2.0 House Brand 'Roilty' Awarded Canadian LB Brand Of The Year At ADCANN
Friday, January 14, 2022 - 10:18am | 601Lifeist Wellness Inc. (TSXV: LFST) (FRANKFURT: M5B) (OTCMKTS: NXTTF) formerly known as Namaste Technologies Inc., confirmed Friday that its Cannabis 2.0 house brand “Roilty” won the prestigious “Canadian LP Brand of the Year” award at the 2021 ADCANN Awards The win comes...
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Lifeist Wellness Sells Certain Intellectual Property To Spinach Pay, Boosts U.S. Cannabis Fintech Concept
Friday, November 26, 2021 - 11:24am | 537Lifeist Wellness Inc. (TSXV: LFST) (FRANKFURT: M5BQ) (OTCQB: NXTTF), previously known as Namaste Technologies Inc., announced Thursday that it has entered into a definitive agreement and completed the sale of certain intellectual property assets to Spinach Pay Inc., a privately owned fintech...
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Lifeist Wellness Reports Q3 Revenue Growth Led By Its Cannabis Subsidiary, CannMart
Friday, October 29, 2021 - 10:59am | 747Cannabis-focused e-commerce company Lifeist Wellness Inc. (TSXV: LFST) (FRANKFURT: M5B) (OTCMKTS: NXTTF), previously known as Namaste Technologies, released its third-quarter earnings Friday with gross revenue improving 12% year-over-year reaching CA$7.1 million...
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Lifeist Wellness Stock Down On Announcing Earnings Estimates For Q3 2021
Wednesday, September 29, 2021 - 11:58am | 410Lifeist Wellness Inc. (TSXV: LFST) (FRANKFURT: M5BQ) (OTCMKTS: NXTTF), previously known as Namaste Technologies Inc., announced Wednesday that it anticipates gross revenue for the fiscal third quarter ended August 31 will be roughly $7 million, representing a year-over-year increase of...
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Namaste Technologies Rebrands To Lifeist Wellness, Expands UK Product Offering
Friday, September 10, 2021 - 8:48am | 398Cannabis-focused e-commerce company Namaste Technologies Inc. (TSXV: N) (FRANKFURT: M5BQ) (OTCMKTS: NXTTF) confirmed Thursday that its board had approved a name change to Lifeist Wellness Inc. Trading of the company’s common shares under its updated ticker symbol “LFST” is...
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Namaste Technologies Interim CEO Talks About Rebuilding Trust In The Cannabis Company
Friday, June 7, 2019 - 12:42pm | 488The past few months have been trying for the Canadian cannabis technology and e-commerce brand Namaste Technologies Inc (OTC: NXTTF). In February, the company fired CEO Sean Dollinger. Interim CEO Meni Morim told Benzinga he's overseeing a reclamation project of sorts at the company that's...