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VIVO Cannabis Inc. VVCIF

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

Comment by Nickyfeeon Feb 01, 2020 5:35pm
106 Views
Post# 30629780

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:I see some people have huge expectations..............

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:I see some people have huge expectations..............
branching out into Europe where the company expects to receive EU-GMP certification for its Canadian operations in Q2 of 2020 and being shipping product immediately thereafter. This year should be a transformative year for Vivo, with the analyst forecasting 5,475 kg of Canadian market shipments, representing a 90% uptick over 2019, and then shipments of 9,650 kg in 2021. The analyst estimates VIVO will generate fiscal 2020 revenue of $47.2 million and an adjusted EBITDA of $(2.6) million and fiscal 2021 revenue of $94.6 million and adjusted EBITDA of $14.7 million.
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