Lifeist Wellness (TSE:LFST) has released an update.
Lifeist Wellness Inc. has announced agreements with Simply Solventless Concentrates Ltd. to provide operational support to its subsidiary CannMart, and a deal to sell CannMart to the latter. The agreement promises immediate positive cash flow for Lifeist and operational expertise for CannMart, while a share sale transaction is pending approval and completion. Shareholders are poised to benefit from the expertise of Simply Solventless, a company noted for its profitability in the cannabis industry.
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