Risk factor
Very high price volatility
Profitability factor
Undervalued vs peers
About
Headquartered in Vancouver, Canada, and established in 2005, Lifeist Wellness Inc. (formerly Namaste Technologies Inc. until September 2021) operates as a multifaceted wellness enterprise across the United States and Canada. Its diverse portfolio includes CannMart.com, an online retail destination for hemp-derived CBD and accessories. The company also owns Findify, an artificial intelligence-powered platform that delivers personalized search, recommendations, and advanced data analytics solutions to B2B e-commerce clients. Additionally, Lifeist manages a butane hash oil extraction facility. Its operations extend to the distribution of both proprietary and licensed adult-use cannabis products, alongside supplying essential hardware like vaporizers and their accompanying accessories. The company further engages in biosciences and wider consumer wellness initiatives.
Company Valuation
Based on key historical and expected multiples, the stock is undervalued relative to its peers. In particular, the stock is underpriced on P/E.