OTCQB:VVCIF - Post by User
Post by
skibummon Aug 17, 2020 7:09pm
247 Views
Post# 31420334
Q2 results & CC great for Vivo...but Cdn LP's under pressure
Q2 results & CC great for Vivo...but Cdn LP's under pressureVillage Farms....supposed leader of Cdn LP's got taken to the woodshed today...down another 12+% on ok Q2 results....but poor guidance going forward...way to much Pot in Canada and nearly every LP is taking writedowns in inventory. Until we get consolidation/bankruptcies/mergers/buyouts.....hard to see many Cdn LP's surviving/thriving. Have full positions in Vivo/Village Farms/Aphria....but money flowing into U.S. MSO's who are crushing it....and U.S. is only in the 1st or 2nd inning of the ballgame....Great results tonight for Curaleaf cura/c, after similar by Trulieve trul/c...can't wait for Cresco cl/c on Thursday.....Fishman & mgmt doing great job with Vivo but have always said.....this is a 2021 story. GL