Post by
skibumm on Mar 24, 2020 11:03am
Vivo should be top Cannabis buyout candidate
With market cap of $50M, cash on the books of $40sh M (4 years), and operational/business prospects that analysts from TD, Claurus and now Power Growth, rave about, U would think that Vivo is a prime candidate to be bought out on the cheap by someone like Aphria with their $500M+ cash. No idea but with the carnage of Pot land, 80% of companies going broke/bankrupt/out of business.....if Vivo is a legit & fast growing Pot company...then surprised that there has not been any interest from outside sources
Comment by
whateveryousay on Mar 24, 2020 11:45am
It is hard and maybe stupid to hold long in this industry but I am hoping as are we all that the numbers will be strong and make this one of the only honest soon to be profitabe comapnies.A lot of investors are watching VIVO and there will be big buy ins if they prove to be the real deal vs so many scam growers with amateur mangement.
Comment by
whateveryousay on Mar 24, 2020 1:46pm
They have been more cautious and professional in developing the business this should make for strong support and steady growth over the next 12 months.