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. > A few tidbits from Q2 that will Ensure

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Post by JaCkSnap on Aug 17, 2020 10:37am

A few tidbits from Q2 that will Ensure

a 6th consecutive quarter increase Q3:

Following planting in the first quarter of 2020, the seasonal airhouses at the Kimmetts facility now contain over 10,000 healthy plants, most of them over seven feet tall.

VIVO entered into a product supply agreement and a clinic services agreement with Medical Cannabis by Shoppers™.
VIVO entered into a collaboration agreement with Veterans' House ("Veterans' House"), under which the Company will provide sponsorship and support to joint programs for Canadian Armed Forces veterans. Veterans' House is a federally registered non-profit organization that provides veterans suffering from mental illness and operational stress injuries, such as post-traumatic stress disorder, access to counseling and peer support programs. (guess who bought the name "Trauma Healing Centers /THC" from Organigram in 2018)
In Q2 2020, VIVO began shipping products under its Canadian Bud Collection™, brand, which launched in Q1 2020 and is directed at the popular value segment of the market.

During Q2 2020, VIVO made initial shipments of its Fireside X shatter product to several provincial wholesalers, including in British Columbia, where the provincial wholesaler sold its entire purchase within the first week. This is the fifth significant concentrates product format launched by VIVO, following Fireside vape cartridges, and Canna Farms' bubble hash, kief and live rosin.
This month VIVO introduced Beacon Medical softgel capsules, available through its Canna Farms on-line medical marketplace. Beacon softgel capsules provide patients with a convenient format to ingest cannabis in a precise-dosed format, increasing choice for the Company's more than 25,000 registered patients.
Subsequent to the signing of an exclusive agreement with Vertosa Inc., an infusion technology company based in Oakland, California, for Canadian production rights, Vertosa's equipment has been installed at the Vanluven facility. VIVO expects to begin production of active emulsions using this technology for the cannabis beverage market in the coming months.