Lifeist Sells CannMart To Simply Solventless To Focus On Its ‘Core Mission Of Transforming Human Wellness’
Lifeist Wellness Inc. (OTC:LFSWF) announced Thursday it completed the previously announced sale of CannMart‘s shares to Simply Solventless Concentrates Ltd.
CannMart is a business-to-business wholesale distribution business facilitating recreational cannabis sales to Canadian provincial government control boards.
“We are pleased to announce the successful completion of the sale of CannMart to Simply Solventless Concentrates, a company whose track record of profitability and operational excellence has continually impressed us,” stated Meni Morim, CEO of Lifeist.
“This transaction not only ensures that CannMart is in capable hands but also allows Lifeist to sharpen its focus on our core mission of transforming human wellness,” Morim added. “We believe that this sale represents a strategic win for our shareholders, as it positions Lifeist to allocate more resources towards growing Mikra …