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Vibe Growth Corp C.VIBE

Alternate Symbol(s):  VIBEF

Vibe Growth Corporation is a Canada-based vertically integrated cannabis company. The Company is engaged in evaluating, acquiring, and developing cannabis cultivation, distribution and manufacturing assets and retail cannabis dispensaries, in the United States. The Company operates through five segments: Dispensaries, Cultivation, Distribution, Real Estate and Corporate. The Company, through its operating segments, is engaged primarily in the retail sale and cultivation of cannabis. The Company is focused on the point-of-sale process at its dispensary locations and product delivery methods, including providing on-line ordering, door-to-door delivery, and customer pick-up windows. In addition, it is also focused on new dispensaries delivering a retail experience under Vibe by California branded stores. The Company operates approximately six dispensaries, one distribution and three cultivation operations in the State of California, plus one dispensary in Portland, Oregon.


CSE:VIBE - Post by User

Comment by raptor0on Sep 11, 2021 4:26pm
97 Views
Post# 33845397

RE:RE:Share Price Increase

RE:RE:Share Price Increase
I, too belived that VIBE is undervalued however I don't think that comparing us to another small-cap stock that is peripherally related (there are more differences than similarities) justifies anything.

After having the stock decline and bounce around at a low level, all I'm saying is that aside from financials (which weren't a surprise in any way), the only news we have had was the investor conference. The fact that the share price rose almost in sync with that suggests the two are related.

At the end of the day, having more eyes on this company is a good thing for existing shareholders. Personally, I'm happy to have this sit low until we see how their allocation of capital pans out, to allow for accumulation by investors with longer time horizons. I was more optimistic until they bought the cultivation assets.

I'm a long-term investor, not so much into hype and fluff (like BILZ).
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