Post by
davgro on Jan 26, 2023 11:27am
CURA leaving California Market, Another Reason to avoid VIBE
Dumpster, you still don't understand the California cannabis market. The competition for VIBE isn't Curaleaf its the LARGE illicit black market that is outselling legal dispensaries by a HUGE margin.
Read the news release you posted and all the reasons that CURA stated for exiting the state of California are the same reasons why VIBE is destined to fail.
I thank you for posting this news release as it will serve to warn investors to avoid any cannabis company i.e. VIBE who derives the majority of its revenue from the California marketplace.
Anyone who invests in this company is just throwing their investment dollars away. Just look at its history, daily trading volume (non-existant), low stock price (near 52-week low) and declining revenues (quarter after quarter).
Buyer Beware.....DYODD
VCAN 2.0