Lifeist Wellness (TSE:LFST) has released an update.
Don't Miss out on Research Tools:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Lifeist Wellness Inc. announces the strategic sale of its subsidiary CannMart to Simply Solventless Concentrates Ltd., promising direct value realization and a focus on future profitability. The sale aims to alleviate the financial strain from the challenging Canadian cannabis market and position Lifeist for potential cash flow positivity by concentrating resources on its Mikra Cellular Sciences venture.
For further insights into TSE:LFST stock, check out TipRanks’ Stock Analysis page.
