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Bullboard - Stock Discussion Forum 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... see more

CSE:VIBE - Post Discussion

Vibe Growth Corp > California Cannabis Cultivation
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Post by Sampic on Mar 21, 2022 8:54am

California Cannabis Cultivation

Cannabis farmers are letting there weed crops rot in the ground rather then harvest it because the cost to harvest is more then what they can sell it for.You guys no nothing about the cannabis business there will be a lot of winners and losers in this burgeoning market and Vibe is definitely IMO a loser .You will have a chance to get out dont say I didn't warn you.
Comment by Sampic on Mar 21, 2022 9:13am
Here is a lesson every pound of legal cannabis you harvest in California you pay 150 in tax off the top even if you don't sell it now add the labor and other costs involved with harvesting.Average price of a pound of wholesale cannabis in California last year was 300 bucks on legal market.Now figure in the black market is selling 10 x the legal market at a 50 percent rebate and as a farmer I ...more  
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