VIVO Cannabis (TSX.V: VIVO) (OTCQX: VVCIF) on
Wednesday announced financial and operating results for the second quarter
2019. Among other highlights, the company reported net revenue of $5.3 million
in the quarter, representing a five-fold increase from the same period last
year. The company’s senior management will be hosting a conference call to
discuss the results today, August 29 at 10:00 AM ET. To join the call, dial
647-427-7450 or 1-888-231-8191 using the conference ID 4479716. “The progress
our team has made on all four of our strategic priorities positions us well for
future growth,” VIVO CEO Barry Fishman stated in the news release. “We remain
focused on increasing long-term shareholder value by continuing to establish
ourselves as a premium provider of cannabis products and services. Our positive
momentum is expected to lead to increased revenue generation and product
breadth in the second half of the year.”
To join the live webcast, visit http://ibn.fm/SNDY2
To view the full press release visit http://ibn.fm/ljDO6
About VIVO Cannabis(TM)
VIVO, based in Napanee, Ontario, is recognized for trusted,
premium cannabis products and services. It holds production and sales licenses
from Health Canada and operates world-class indoor cultivation facilities with
proprietary plant-growing technology at its Canna Farms facility in Hope, B.C.,
and at its Vanluven facility in Napanee, Ontario. VIVO has a collection of
premium brands targeting unique customer segments, including Beacon
Medical(TM), Fireside(TM), Canna Farms(TM) and Lumina(TM). The Company is
significantly expanding its production capacity and distribution channels;
growing its domestic medical cannabis platform, including Harvest Medicine, its
patient-centric, highly scalable network of specialty medical cannabis clinics
and services; promoting production and cultivation innovation and pursuing
partnership and product development opportunities; and actively focusing on
growth in select international markets, including Germany and Australia. VIVO
has a healthy balance sheet and is well-positioned to accelerate its growth in
Canada and internationally. For more information, visit the company’s website
at www.VivoCannabis.com.
NOTE TO INVESTORS: The latest news and updates
relating to VVCIF are available in the company’s newsroom at http://ibn.fm/VVCIF
About QualityStocksNewsBreaks
QualityStocksNewsBreaks provide
a rapid summary of corporate news that catch the attention of QualityStocks.
QualityStocksBreaks are designed to keep investors up to date on important and
breaking news in the small-cap and micro-cap markets. Spanning all industries,
including energy, entertainment, telecommunications, healthcare, retail and
more, these news breaks deliver opportunities the investment community may have
missed. Whether it is earnings results, mergers and acquisitions, or any other
market-moving news, our news breaks keep you in the know. QualityStocks is
committed to connecting subscribers with companies that have huge potential to
succeed in the short and long-term future. It is part of our mission statement
to help the investment community discover emerging companies that offer
excellent growth potential.
QualityStocks (QS)
Scottsdale, Arizona
www.QualityStocks.com
480.374.1336 Office
Editor@QualityStocks.com
Scottsdale, Arizona
www.QualityStocks.com
480.374.1336 Office
Editor@QualityStocks.com
Please see full terms of use and disclaimers on the
QualityStocks website applicable to all content provided by QS, wherever published
or re-republished: http://www.qualitystocks.net/disclaimer.php
No comments:
Post a Comment