Vivo Cannabis Inc (fka VVCIF)

[PotterBanker]

Q3 2018 Highlights

Q3 revenue of $2.3 million

Completion of the acquisition of Canna Farms on August 31, 2018, resulting in pro forma Q3 revenue of $4.4 million (the revenue that VIVO would have reported had Canna Farms been owned for the entire quarter)

At the end of Q3 2018, total medical cannabis patients of 18,000 compared to 2,000 at the end of Q2 2018 (representing a 9-fold increase)

Entry into adult-use supply agreements with British Columbia, Alberta, Saskatchewan, Manitoba, Ontario and the Yukon, and Canna Farms achieving one of the best order fulfillment rates in the industry

Beacon Medical™ product was introduced into the Australian market

The upgrading of the Company’s common shares to the OTCQX® Best Market in the United States

Completion of corporate re-branding, including name change to VIVO Cannabis and the launch of the Beacon Medical™ cannabis brand

Introduction of the Lumina™ and Fireside™ adult-use cannabis brands

Expansion of senior level management team and appointment of Daniel Laflamme to the Company’s board of directors.

https://globenewswire.com/news-release/2018/11/30/1659933/0/en/VIVO-Cannabis-Reports-Record-Revenue-for-Q3-2018.html