RE:I Wonder Where We StandClosures are a necessary part of the business cycle and a strong indicator of a market bottom.
Waldron continued, "We are in a much stronger position in retail and cultivation operations, and 2022 macro conditions have improved compared to late 2021. In addition, asset acquisition opportunities have increased as some market participants do not have the balance sheets to compete effectively. Vibe's financial strength and strong management team is well-poised to allow for an expansion of Vibe's retail and sales channels in California.