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Vibe Growth Corp C.VIBE

Alternate Symbol(s):  VIBEF

Healthcare
Vibe Growth Corporation is a Canada-based vertically integrated cannabis retailer. The Company is engaged in evaluating, acquiring, and developing cannabis cultivation, distribution and manufacturing assets and retail cannabis dispensaries, in the United States. The Company has retail dispensaries, cannabis greenhouse cultivation, premium indoor cultivation, commercial cannabis distribution, brand sales and marketing, e-commerce platform, home delivery, and Hype Cannabis Co. marijuana and Vibe CBD products. In addition, it is also focused on new dispensaries delivering a retail experience under Vibe by California branded stores. It is focused on the point-of-sale process at its dispensary locations and product delivery methods. The Company operates approximately five dispensaries, one distribution center and one cultivation operation in the State of California, plus one dispensary in Portland, Oregon. The Company operates retail and ecommerce under its Vibe by California brand.


CSE:VIBE - Post by User

Vibe Growth Corp > CIBC - Strange Reporting of VIBE Pricing
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Comment by Michael4444on Apr 29, 2021 6:31am
106 Views
Post# 33089140

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:CIBC - Strange Reporting of VIBE Pricing

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:CIBC - Strange Reporting of VIBE PricingFirstly - I am not a financial guru (just a retail investor).  I believe that my target pricing is conservative, considering we have seen a 670% SP increase over the past 12-months.  With Mark at the helm, the latest (great) financials, $2.4M cash (and manageable debt), 7 stores, and an EBITDA of $2.58M;  I am happy to keep buying.  The US cannabis market (especially California), is set to explode.  There will be a number of M & As, as the smaller growers are taken out.  Three CDN companies (VLNS, FAF, and HITI), have all applied to be listed on the NASDAQ.  Even Philip Morris is considering a foray into the market.  Let us see what the next 12-months will bring.
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