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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 Duster340on Jun 04, 2024 1:16pm
64 Views
Post# 36071490

RE:RE:RE:RE:RE:10 for 1 split coming

RE:RE:RE:RE:RE:10 for 1 split coming
TheProphetElijah wrote: Ask up to .90 cents.  Last Q was a slight improvement from previous:

                Q3                Q4
Rev:         3m                3.3m
Cash:       1.1m            1.2m
Net loss: (700K)             (1m) 

Cash was up for the fist time in awhile, net loss is closer to profitability.  The next 2 Q are stronger seasonal for sales April to Sept.  If rev can increase 1m, and no 280e, Vibe can be net profitable.

With the new share structure 11m o/s minus 4m held by mgt = only 7m o/s super tiny float for a junior.
One serious buyer can take out half the float and hold to legalization.
i do not think the current price means much. wait and see what it is when shares are consolidated and become tradeable maybe a week away yet

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