Lifeist Wellness Inc (NXTTF)

[Rockerfeller Jr]

NamasteMD – Incredible? Amazing?



Thanks Greenwilow, these are indeed very interesting numbers. Very impressive that NamasteMD will have registered around 8% of the total of all Canada patients. Especially impressive considering that Canada has been registering patients for about 4 years and Namaste captured the bulk of theirs in only 6 months. I’d like to add a few more numbers here as well to show the incredible growth that appears to be occurring. I’m looking just at the 2018 projected numbers. Canada is on pace to register about 97,000 patients in 2018 (they’ve done 72,601 Jan-Sept) with Namaste conservatively capturing 30,000 of those, or 31%. Canada registered 11,759 in the third quarter (July-Sept) with Namaste reportedly registering near that number. Could almost 100% possibly have been registered thru NamasteMD in the third quarter? Canada is on pace to register about 36,000 patients in the second half of the year (July-Dec) with NamasteMD on pace to register at least 21,000 of those or 58%. Note that Canada reports a slow-down in the third quarter registration rate so fourth quarter registrations could decrease as well which would increase the Namaste registration percentages. Here are the 2018 quarterly registrations Canada reports; Jan-March 27,200, April-June 33,642, July-Sept 11,759. Could NamasteMD be registering 58% or considerably more of all new patients in the second half of the year? Is NamasteMD completely dominating all other avenues of registration? If NamasteMD press released numbers are accurate and not Dollingerized they may be. If so, NamasteMD may be far more successful than anyone could have ever imagined. Simply amazing if true. Simply incredible if true. If they can monetize a decent portion of these registrations a giant snowball should begin rolling downhill. Only a matter of time until this translates to great revenue. Only a matter of time until investors realize how amazing these figures are.


greenwillow Wednesday, 04/24/19 06:32:33 PM
Re: greenwillow post# 26150
Post # of 26379

Registered User counts & NamasteMD's Canadian medical market share estimates:

https://www.statista.com/statistics/603356/canadian-medical-marijuana-clients-registered-by-quarter/

As of 11/7/18 NamasteMD would have registered approx 7-8% of Canada's registered medical patients(chart is only thru Sept. 2018) in a 5 month time period. 28,000 "Registered Users"

At NamasteMD's last reported peak they were acquiring ~ 5,500 registered patients / month.

The above conversions were executed before they bought Buds2Go.CA, which could have significantly boosted NamasteMD registered user counts.

We're now 5 months away since the last report.

If they only continued to acquire 3,000 registered users / month since last reported, they would have added an additional 15,000 + 28,000 reported = 43,000 est. = ~ 10%-12% market share

4,000 adds / month = 20,000 + 28,000 = 48,000 = ~ 12%-14% market share

5,000 adds / month = 25,000 + 28,000 = 53,000 = ~ 14%-16% market share

6,000 adds / month = 30,000 + 28,000 = 58,000 = ~ 16%-18% market share

7,000 adds / month = 35,000 + 28,000 = 63,000 = ~ 18%-20% market share



We know they have 300 /day available, so max capacity/potential would be ~ 9,000 "registered users per month"

All back of the napkin calculations & estimates. Of course, we won't know until late may.

Final note. Aurora purchased MedRelief for $2B+. MedRelief had about 50,000 patients at the time.

Namaste closed today w/ ~ $160M market cap

Do the math, imo.

Watch out for those registered user counts....$$$$$$