Vivo Cannabis Inc (fka VVCIF)

[BlueGreenPower]

Glad to see VIVO’s cultivation strategy includes cost-effective seasonal greenhouse and outdoor cultivation of cannabis for extraction. In Q1 VIVO acquired 16 acres zoned for cannabis cultivation within 15 minutes of the Canna Farms facility.

Liking Vivo's move into outdoor grow. Now they just need to secure the property and get Health Canada's approval to grow outdoors. The first outdoor grow license was just recently issued. Vivo can be a first mover in this space.

According to the report production capacity at Canna Farms will double its output in Q2. Over 30,000 clones have been propagated to fill the expanded space. Should make for a large increase in revenues over Q1. Company had a reasonable cash burn, excellent selling price per gram, and still well funded for continued expansion. Solid report imho glta

https://seekingalpha.com/pr/17528122-vivo-cannabis-reports-q1-2019-financial-results

https://www.newcannabisventures.com/vivo-cannabis-generates-q1-revenue-of-5-8-million/