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Vibe Growth Corp C.VIBE

Alternate Symbol(s):  VIBEF

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

Comment by TheProphetElijahon Sep 01, 2022 2:17pm
108 Views
Post# 34936087

RE:RE:Vibe and Gaby should merge

RE:RE:Vibe and Gaby should mergeWonder what alien mutuation they're cookin here.

Cultivation Expansion in Monterey County
Vibe's Monterey greenhouse buildout will serve as the Company's flagship cultivation facility in California, with Phase 1 construction of approximately 70,000 square feet now underway. Greenhouse building materials sourced and ordered in late 2021 have been delivered and received. The Monterey greenhouses will utilize low iron glass ("Dutch Glass"), allowing full-spectrum ultraviolet light transmittance. Vibe believes it will be one of the lowest cost cultivators in the region.

While only 10% of the Company-owned 10-acre property in Monterey County, California, will be used for its Phase 1 flagship greenhouse construction project, an additional 5% of square footage included in the Phase 1 construction plan is the conversion of two existing wood greenhouses. One of the wood greenhouses will be used to develop a genetic stock and propagation program to feed the new glass greenhouses, and the second will be used for flowering. The construction plan also includes a processing facility and a separate distribution center to support the cultivation operations. The Company anticipates adding approximately 18,000 square feet of the canopy by upgrading the existing two wood greenhouses.

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