Provided By GlobeNewswire
Last update: Sep 26, 2024
TORONTO, Sept. 26, 2024 (GLOBE NEWSWIRE) -- Lifeist Wellness Inc. (“Lifeist” or the “Company”) (TSXV: LFST) (FRANKFURT: M5B0) (OTCMKTS: LFSWF), a health-tech company that leverages advancements in science and technology to support wellness in innovative ways, today reported an executive leadership update in the wake of recent significant structural changes. These changes are the result of the recently successfully completed sale of its former wholly owned subsidiary, CannMart Inc., to Simply Solventless Concentrates Ltd. (SSC), which sale was approved by shareholders at the Company’s recent Annual and Special Meeting of shareholders. The CannMart sale represents a pivotal milestone in Lifeist's transition to fully focus on its health and wellness business through its U.S. biosciences subsidiary Mikra Cellular Sciences Inc. ("Mikra").
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