Vivo Cannabis Inc (fka VVCIF)

[PotterBanker]

liking the 79% increase in NET revenue over last year.

also liking 9.4m net on 12.7m gross.

really liking the 15% reduction in sales, general and administrative expenses while increasing sales and net revenue.

and the real capper:

"Achieved 68% Ontario retail market share in the concentrates category, including first-to-market shatter by Fireside™ X"

and

"The Company purchased third-party extraction inputs in Q2 2020. The internal extraction suite at its Vanluven facility is now able to provide these inputs and VIVO expects the gross margin on its vape and extract products will improve significantly."


best company in the space

https://www.newswire.ca/news-releases/vivo-cannabis-tm-announces-second-quarter-2020-results-839045478.html

https://www.sedar.com/GetFile.do?lang=EN&docClass=5&issuerNo=00025647&issuerType=03&projectNo=03097690&docId=4780331

https://www.sedar.com/GetFile.do?lang=EN&docClass=7&issuerNo=00025647&issuerType=03&projectNo=03097689&docId=4780332