Replies to post #30724 on Lifeist Wellness Inc (NXTTF)

[Mrone]

IMO, it will so depend on margins, if they are up substantially I do not think it will take $10m a month. They should be able to do better than LP’s that are growing, for example LHSIF was profitable with $16M in rev. For the Qtr. With all the fixed costs of grow site and dispensaries.

[greenwillow]

I'm not expecting an exciting qtr yet. We should see some positives, but don't think the Cannmart revenue will be very profitable at this point either. They're selling off older inventory at discounted prices, learning, building a medical patient base & fine tuning the model.

I am expecting some reduced expenses tho.

The real momentum should start building towards the end.of 2020.

[TheSilverBear]

With all the work being put into the business in streamlining and becoming lean I'm guessing closer to 5 then 10. We do not need to spend an excessive amount of capital to add new products. While we will be needing to expand on certain business fronts I just dont see allot of excessive costs associated with that.