Vivo Cannabis Inc (fka VVCIF)

[FUNMAN]

The way biological assets are accounted for, who knows? I'm in one small cannabis LP with more revenues than Vivo, that reported a 2019 3rd Q profit only to realize the street knew more about the accounting than I did. The PPS went down.

Here's another interesting point. It was announced earlier in the month that Trulieve, a USA MSO with a Canadian HQ listed on a Canadian Stock Exchange, will have to change their accounting to USA GAAP reporting because more than 50% of the O/S is owned by USA shareholders.

I'm hopeful that all of the MSO's will migrate to GAAP reporting for the same "positive" reason.

The Canadian LP's might rise to the same standard if the Dems sweep in November because USA cannabis legalization can be anticipated in the first 100 days of the new administration. Cannabis investment awareness will be heightened.

I have friends that won't invest until legalization passes.

They will miss out on big gains as legalization approaches and crosses the finish line.