Bullboard - Stock Discussion Forum VIVO Cannabis Inc. VVCIF

Healthcare Drug Manufacturers - Specialty & Generic

VIVO Cannabis Inc is a Canada-based company. It is involved in the production and sale of medical and recreational cannabis and the provision of cannabis-related medical information and services in Canada. The company's operating segment includes Cannabis, Patient Clinics, and Corporate. It generates maximum revenue from the Cannabis segment. The company has a presence across three geographical... see more

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OTCQB:VVCIF - Post Discussion

VIVO Cannabis Inc. > Not Good Day for Cannabis...Aurora Downgrade, 500 jobs cut

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Post by Ruprecht on Feb 07, 2020 9:09am

Not Good Day for Cannabis...Aurora Downgrade, 500 jobs cut

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Comment by Nickyfee on Feb 07, 2020 9:28am

bad day for the big companies that burn through cash and need to layoff massive employment.. they grow commerical grade $hit getting as little as 3$ per gram and are no where near profitable.. as for vivo continues to hire more employees every quarter and grow quality products still getting close to 7$ a gram. Vivo will be profitable this year probably by q2 will most other companies are close to ...more

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Comment by Nickyfee on Feb 07, 2020 9:39am

and aurora with a Terrible balance sheet still trades at 13x revenue burning through massive amounts of cash. While vivo has millions in the bank to fund expansion healthy, balance sheet and around the corner to becoming profitable and only trades at less then 3x revenue. Most under valued company in the sector. Glad I sold Aurora at 12$ after purchasing it at 2.25 and shorted it at 14$...

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VIVO Cannabis Inc.