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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 Luminouson Nov 30, 2023 9:16am
163 Views
Post# 35760608

RE:RE:RE:Financials

RE:RE:RE:FinancialsThis is very encouraging that EBITDA has turned positive, net income in the next quarter or two is a possibility now.  More so if the repressive 280e is abolished.

EBITDA and Adjusted EBITDA of $1,170,807 and $281,672 in the 2023 third quarter compared to EBITDA loss and adjusted EBITDA loss of $641,893 and $557,056 in the second quarter of 2023;

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