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VIVO Cannabis Inc. VVCIF

Healthcare Drug Manufacturers - Specialty & Generic
VIVO Cannabis Inc is a Canada-based company. It is involved in the production and sale of medical and recreational cannabis and the provision of cannabis-related medical information and services in Canada. The company's operating segment includes Cannabis, Patient Clinics, and Corporate. It generates maximum revenue from the Cannabis segment. The company has a presence across three geographical locations - Canada, Germany, and Australia.


OTCQB:VVCIF - Post by User

VIVO Cannabis Inc. > Tax loss now in full effect till Dec 24th !!
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Comment by buddy13on Dec 05, 2019 1:00pm
212 Views
Post# 30425595

RE:RE:Tax loss now in full effect till Dec 24th !!

RE:RE:Tax loss now in full effect till Dec 24th !!Danny is not selling for a tax loss.The 92.5M in shares they received as part of the sale had a nominal value at the time of $1.20/share, but they were all 'free' shares and therefore fully subject to capital gains with no direct offsets. The gain is realized upon sale. So when he sells his 20,000 shares today @$0.22, that is all capital gain that he will be taxed on. 
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