tiprankstipranks
Advertisement
Advertisement

Lifeist Wellness Finalizes Strategic CannMart Sale

Story Highlights
Lifeist Wellness Finalizes Strategic CannMart Sale

Lifeist Wellness (TSE:LFST) has released an update.

Claim 55% Off TipRanks

Lifeist Wellness Inc. has successfully completed the sale of CannMart to Simply Solventless Concentrates Ltd., signaling a strategic move to focus on their core mission of human wellness transformation and growth of their biosciences subsidiary, Mikra. The deal, which received necessary shareholder and regulatory approval, involves a cash payment, share securities, and a promissory note, positioning Lifeist to benefit from SSC’s continued success in the cannabis market.

For further insights into TSE:LFST stock, check out TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1