Lifeist Wellness Inc (TSE:LFST) has released an update.
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Lifeist Wellness Inc. shareholders have elected a new Board of Directors, appointed Clearhouse LLP as auditors, approved the Stock Option Plan, but rejected the sale of the CannMart Group at their Annual General and Special Meeting. The decision reflects the challenging regulatory environment for public cannabis companies in Canada, which impacts profitability across the industry. Despite this setback, Lifeist remains dedicated to its other ventures, Mikra and Aussie Vapes, promising further updates soon.
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