Lifeist Wellness Concludes Partnership with Singular Narrative
Lifeist Wellness Inc. Ends Consulting Agreement with Singular Narrative Management
Lifeist Wellness Inc. (“Lifeist” or the “Company”) (TSXV: LFST) (FRANKFURT: M5B0) (OTCMKTS: LFSWF), a prominent health-tech company, has announced that it is concluding its consulting agreement with Singular Narrative Management Ltd. (“Singular”), effective October 31, 2024. The decision was made mutually amidst a backdrop of strategic evolution for the Company. Singular will continue to render its services in accordance with this agreement until the deadline.
The Role of Singular Narrative Management Ltd.
Throughout the duration of the collaboration, Singular has significantly contributed strategic business consulting, product development, and brand marketing services. Their efforts have been instrumental during a crucial phase for Lifeist, aiding the firm in launching new products and refining existing marketing strategies. Lifeist extends heartfelt gratitude to the Singular team for their dedication and impact during this partnership.
CEO Comments on the Transition
“While the engagement with Singular has provided important insights and value, Lifeist looks forward to the next phase of focus and growth,” stated Meni Morim, CEO of Lifeist Wellness. This acknowledgment underscores the appreciation for the collaboration while signaling a new direction for Lifeist's operations.
Strategic Focus for Future Growth
The decision to terminate the agreement with Singular aligns with Lifeist’s commitment to resource allocation that promotes long-term growth. The company aims to sharpen its focus on Mikra Cellular Sciences Inc., its U.S. biosciences subsidiary. This consolidation of efforts will ensure strategic alignments and efficiency in pursuing market opportunities within the burgeoning health and wellness sector. As Lifeist transitions, it's geared towards enhancing its core offerings and exploring innovative pathways that align with its mission.
About Lifeist Wellness Inc.
Lifeist stands at the forefront of the post-pandemic wellness revolution. The organization's commitment to integrating advancements in science and technology facilitates the development of innovative products aimed at transforming lives and enhancing wellness. Lifeist’s flagship asset, Mikra Cellular Sciences, showcases the Company’s dedication to biosciences and consumer wellness, paving the way for cutting-edge product offerings in the marketplace.
Conclusion
The conclusion of the consulting arrangement with Singular Narrative Management signifies a pivotal moment for Lifeist Wellness Inc. It reflects the Company’s readiness to adapt and optimize its strategies, all while maintaining a focus on its primary objectives. As the wellness industry continues shaping consumer preferences and needs, Lifeist is uniquely positioned to capitalize on these trends and drive sustainable growth moving forward.
Frequently Asked Questions
What is the reason for ending the consulting agreement with Singular?
The decision to end the consulting agreement with Singular was made to refocus Lifeist's resources and strategies towards long-term growth and realignment with its primary goals.
What services did Singular provide to Lifeist?
Singular provided strategic business consulting, product development, and brand marketing services during a crucial growth phase for Lifeist.
How does Lifeist plan to move forward after this announcement?
Lifeist plans to concentrate efforts on its U.S. biosciences subsidiary, Mikra Cellular Sciences, and align all partnerships with its growth strategy in the health and wellness sector.
Who is the CEO of Lifeist Wellness Inc.?
Meni Morim serves as the CEO of Lifeist Wellness Inc.
How can I contact Lifeist Wellness Inc.?
You can contact Lifeist Wellness Inc. via phone at 647-362-0390 or through email at ir@lifeist.com.
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