Lifeist To Acquire Zest Cannabis
Portfolio Pulse from Vuk Zdinjak
Lifeist Wellness Inc. (OTC:LFSWF) (TSXV:LFST) (FRANKFURT:M5B) will acquire Zest Cannabis for $3.4 million in an all-stock transaction. The acquisition is expected to generate additional revenue streams for Lifeist through royalty and licensing agreements.
June 01, 2023 | 2:40 pm
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POSITIVE IMPACT
Lifeist Wellness's acquisition of Zest Cannabis for $3.4 million in an all-stock deal is expected to generate additional revenue streams.
The acquisition of Zest Cannabis will expand Lifeist Wellness's product portfolio and generate additional revenue streams through royalty and licensing agreements. This is likely to have a positive impact on the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Lifeist Wellness's acquisition of Zest Cannabis for $3.4 million in an all-stock deal is expected to generate additional revenue streams.
The acquisition of Zest Cannabis will expand Lifeist Wellness's product portfolio and generate additional revenue streams through royalty and licensing agreements. This is likely to have a positive impact on the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100