Some Good News"Vibe is positioned to withstand the current storm, stabilize operational cash flow, and acquire accretive private assets. I believe that Vibe will be a California cannabis success once the market tumult subsides. It has been reported that the legitimate California cultivation market lost approximately 25% of its growing area in 2022, resulting in a tightening of supply and a wholesale price recovery. The tightening of the legal market supply bodes well for our vertical integration strategy. Still, the State Government and law enforcement have to do more to curb the supply from the illicit market," added Waldron.
Duster340 Writes:it can only get better from here when market conditions improve safe banking will help. and hopefully legalization soon. no information on Phase1 of our cultivation facility, and no information on share buy backs. it is probly a good time to load up at this price point.