Lifeist Wellness Inc (NXTTF)

[mazzjazz]

https://ryghub.com/2018/07/12/july-12th-cannabis-daily-recap/

"Namaste Technologies’ (CVE: N) Ceo Sean Dollinger was on BNN yesterday. There was 2 main point in the interview 1) he explains the deal IcMD deal which gives them access a population of over 1.5 million people, if they can convert 10% of that to Namaste MD and they spend 1000$ a year that’s a potential revenue of $150 million a year, and those are very conservative numbers. 2) Cannmart’s inspection from Health Canada is expected within the next couple weeks, therefore sell licence should follow afterwards, let’s all hope its just before the Namaste party, so that gives a huge reason to party. Unfortunately today from yesterdays namaste 420 and Sean’s Bnn interview the share price just traded side ways."

I had 5% conversion in the back of my mind, but I'll take 10%. My per $ year thought was much higher, especially if health insurance covers the medical bill. Either way, Sean's numbers feel conservative compared to my guesstimates. Would be a nice contribution to Namaste EBITA.

https://www.canada.ca/en/health-canada/services/drugs-medication/cannabis/licensed-producers/market-data.html

Search for "client data", Average grams per day per patient, 0.75, it's just an old data point that was on a decline from 2016-2017. This is only one way they intend to grow...