VIVO Cannabis Inc. VVCIF

Turd

[Ryans246]

So let's talk about the fact that they paid 133m for Canna farms......at 6 bucks a gram they they get,  they only need to sell 20,000,000 grams of weed to pay for that acquisition.

does anyone here actually buy weed at the stores? Are you willing to pay $55 for 3.5 grams?

Does anyone go to the store all excited to go buy fireside cannabis? 

Vivo is boosting the fact that they get such high price per gram for what they grow at $6. Something..They are charging 15 bucks a gram for canna farms weed.
when the write downs happen on their product because they have to lower the price to be competitive. What is gonna happen to that price per gram?

cant wait to try the chocolates from the European chocolatier that they were advertising.
who is this mysterious European chocolatier????? No one knows.....
 

just some thoughts...

[Ryans246]

This company was never in the game long term. they painted a pretty picture of what a licensed producer should look like hoping some idiot would come buy them up for some crazy evaluation . Just like what they paid for canna farms. They are bleeding badly and gonna die soon, Pierre better hurry and cash out his (set for life of Vivo) lottery ticket.

[Mirage79]

Vivo gets roughly 6$ a gram and its sells 55$ for 3.5 gs ?  so vivo gets roughly 21$ on 3.5gs sell , the middle man taking a 24$ cut ? 

[Ryans246]

  I am guessing supplying Germany at 3.5 per gram is why their average price per gram is at 6.50.  I have no idea how much the provinces are paying per gram.  

[ggrellette]

$6 PER GRAM It will not be that price on volume. On volume the price will be $3 +/- 50 CENTS. Nobody IN THIER RIGHT MIND will pay $55 FOR 3.5 GRAMS. They are charging 15 bucks a gram for canna farms weed. No they r not. WELL NOT IN CANADA THAT IS FOR SURE.

[Ryans246]

In Alberta . To buy canna farms weed at the store , it will cost you 53.99 for 3.5 grams. After tax you are looking at 56.69.

[Ryans246]

That is albertas online store prices, all 6 strains they have are the same price. if you go to an actual store, like spiritleaf or co-op. The price for 3.5 grams is usually a couple of dollars more.

[Ryans246]

I do not know what the provinces wholesale prices are or Germanys or Australias.. All we know is that Vivo is averaging $6.50 per gram for what they grow, according to their financial statement. So what I said was, they are charging 55 for 3.5 grams of canna farms and even fireside products are still expensive. so when they have to write down their products. (lower the price to stay competitive)