Post by
TheProphetElijah on May 26, 2022 9:25am
News out
Things heating up:
Vibe's Monterey greenhouses will serve as the Company's flagship cultivation facilities in California. The Company has commenced its 70,000 square-foot Phase 1, with the potential to develop 188,000 additional square feet in future Phases 2 and 3. The Company has a strong balance sheet and will complete the Phase 1 buildout without debt, and notably, significantly under budget.
The Monterey greenhouses will utilize low iron glass, allowing full-spectrum ultraviolet light transmittance located on the Company-owned 10-acre property in Monterey County, California. Greenhouse materials ordered from Europe in 2021 will be delivered on-site starting in June 2022. Phase 1 development involves the construction of approximately 70,000 square feet of greenhouses for high-quality cannabis cultivation. Included in the Phase 1 construction plan are the conversion of existing wood greenhouses, one of which will be used to develop a genetic stock and propagation program to feed the new glass greenhouses, and the others used for flowering. The construction plan also includes a processing facility and a separate distribution center to support the cultivation operations.
Comment by
davgro on May 26, 2022 10:31am
...and the market yawned. VCAN 2.0
Comment by
NewYorker99 on May 26, 2022 12:37pm
As TheIdiotElijah keeps on pumping this stock I think it is worth all current or prospective Vibe investors to once again read my post from last December. I don't understand how anyone can listen to this stock promoter who has lost at least 90% of his investment and keeps on painting a glowing picture of a failed stock that sits near its 52-week low ? Caveat Emptor !!