Lifeist Wellness to Sell Certain Intellectual Property Assets to Spinach Pay, Breathing Life Into a U.S. Cannabis Fintech Concept

TORONTO, Nov. 25, 2021 (GLOBE NEWSWIRE) — Lifeist Wellness Inc. (“Lifeist” or the “Company”) (TSXV: LFST) (FRANKFURT: M5BQ) (OTCMKTS: NXTTF), a wellness company that leverages advancements in science and technology to enable you to find your path to wellness, today announced that it has entered into a definitive agreement (the “Agreement”) and completed the sale (the “Transaction”) of certain intellectual property assets (the “Assets”) to Spinach Pay Inc. (“Spinach Pay” or the “Purchaser”), a privately owned fintech company offering its customers payment solutions for the U.S. market. All proceeds of the transaction will be in the benefit of Lifeist shareholders. Read More