Lifeist Wellness Inc (NXTTF)

[go blackhawks]

looking at Namaste financials Q4 2017, Namaste execs taking approx. 25% share compensation on gross sales. Less than 1/2 of Canopy's, so that's not too bad. But Namaste gross profit and total losses suck, and this will need to turnaround and improve sometime in near future, after their programs have been implemented and they are achieving some efficiencies. I imagine back in the day before they went public, and were up to speed on the ecommerce of vapes, etc. that they had some profitable years.
I dont love accounting but these #'s have to be looked at, in active investments with alot of exposure. I've got some big exposure in Namaste, and believe in them.I'm gonna look more closely at Cronos, which has been doing great share wise, and I invested cus of their exec. team and lots of Univ. of Chicago brainiacs. Big opportunities in this industry for non greedy, nose to the grindstone, orginizationally strong and efficiently led companies. Is Sean and team like this? Cronos? I've bet on it so far.