VIVO Cannabis Inc. VVCIF

GOT ANY CASH VIVO?

[jfogarty12]

FROM  BNN

Cash to remain king for pot companies amid pandemic: Linton

When it comes to cannabis companies looking to survive the COVID-19 pandemic, it will help to have some cash on hand. That's what Bruce Linton, now executive director of U.S. cannabis operator Vireo Health International Inc., told BNN Bloomberg on Monday. Linton said his former company, Canopy Growth, as well as Cronos Group, are in a select group of well-capitalized pot companies that should be able to emerge from the current crisis. "I frankly don't see cash coming in. U.S. companies are very busy but their access to capital is quite limited," he said. Linton added that pot companies with dedicated medical patient bases, will also fare well, as medical marijuana has been deemed an "essential service" in many parts of the U.S. and Canada.  

[Schaffhausen]

Cash is King ESPECIALLY for Cannabis companies that are not profitable. VIVO has a cash hoard and will ALSO be profitable. Cha-ching. GET READY FOR MOUNTING BUYING PRESSURE IN THE NEXT FEW WEEKS AS WE APPROACH Q1 results from VIVO. We will probably get a jump sooner than that as comparable Cannabis 2.0 results begin to pour in from across the sector. Cheers, Schaff