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Vibe Growth Corporation (symbol: VIBEF) is a vertically integrated California cannabis enterprise, operating under the brand Vibe By California. The company engages in retail dispensaries, cannabis cultivation, distribution, brand sales, e-commerce, and product delivery. Vibe is dedicated to maximizing shareholder value through organic growth, strategic acquisitions, and new license applications. With a focus on California, Vibe aims to strengthen its market presence and profitability by launching innovative products, enhancing marketing initiatives, and implementing cost control measures.
Vibe Growth (CSE: VIBE) (OTCQB: VIBEF) (FSE: A061) has announced a proposed consolidation of its common shares. The plan involves issuing one post-consolidation share for every ten pre-consolidation shares. This will reduce the number of outstanding shares from 107,970,271 to approximately 10,797,027, subject to rounding. No fractional shares will be issued or compensated in cash. Shareholders must submit their pre-consolidation share certificates to Odyssey Trust Company for processing. New CUSIP and ISIN numbers will be released in a subsequent announcement. The consolidation aims to enhance the trading of Vibe Growth's shares and is pending approval from the Canadian Securities Exchange (CSE).
Vibe Growth Corporation (CSE:VIBE, OTCQX:VIBEF) announces its participation in the SNN Network Canada Virtual Event from December 7-9, 2021. CEO Mark Waldron will discuss the company's retail, cultivation, and brand expansion strategies in California's cannabis market. This live event allows real-time investor questions, with an archived presentation available for later viewing. Those interested can register for the event at this link. The presentation is scheduled for December 9 at 1:30 PM ET.
OTC Markets Group Inc. has welcomed Vibe Growth Corporation to the OTCQX Best Market, upgrading from the Pink market. Vibe Growth Corporation, a vertically integrated cannabis company, begins trading under the symbol VIBEF. The upgrade aims to enhance trading access for U.S. investors and aligns with the company’s growth strategy in the cannabis sector. Companies listed on OTCQX must meet high financial standards and follow corporate governance best practices. This move allows Vibe to reach more investors in the U.S. and Canada, tapping into the expanding California cannabis market.
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