Geometry Dash APK Hill Climb Racing APK
67.1 F
New York
Saturday, June 3, 2023

VIVO Cannabis Inc (OTCMKTS:VVCIF) Stock Turns Volatile: Uptrend in Jeopardy

Must read

Net Savings Link Inc (OTCMKTS:NSAV) Goes Parabolic Ahead of Important Event

As far as cryptocurrency and blockchain companies are concerned, there are many options nowadays for investors to explore.

American Diversified Holdings Corp (OTCMKTS:ADHC) Nears Critical Level

When a stock records significant gains and then crashes and repeats over the course of a few months, then it might be...

Reconnaissance Energy Africa Ltd (OTCMKTS:RECAF) Gathers Further Momentum

If you are currently looking for stocks that may have recorded massive gains within a short period of time, then it might...

Humbl Inc (OTCMKTS:TSNPD) Bounces Back and Lands On The Radar

Over the course of the past months, Humbl Inc (OTCMKTS:TSNPD) stock has managed to record massive gains and much of that has...

Anyone watching the market knows the cannabis sector has been booming again. Since the start of the year, the cannabis sector has made a strong comeback and many of the stocks have recorded considerable gains.

One of the cannabis stocks to have made notable gains in 2021 so far is that of VIVO Cannabis Inc (OTCMKTS:VVCIF).

Major News

The company, which is involved in the premium cannabis products and services space, saw its stock deliver gains of as much as 110% so far this year. It seems that the stock has performed well due to the overall positivity around the cannabis sector.

However, at the same time, investors need to take a closer look at the company and get a better idea.

The company has both productions as well as sales licenses from the regulatory Health Canada. It owns a state of the art facilities which are situated in Napanee and Hope.

More importantly, VIVO Cannabis has its own proprietary growing technology and that is something that could give the company an edge over its peers.

On the other hand, the premium cannabis products that are marketed by the company targets different sections of customers, and hence, VIVO Cannabis caters to a diverse base. These are important things to keep in mind when one looks into the company and its business.

One of the more important developments with regards to the company took place back in October last year. At the time, the company announced the launch of its wholly marketed public offering of units in VIVO Cannabis.

As per the announcement, the company revealed that it was going to offer the units for $0.15 each in order to raise a total of approximately $5100000 in fresh capital.

The company engaged the services of Gravitas Securities Inc and Claras Securities Inc in order to lead the efforts.

Disclaimer: We hold no position in VVCIF stock.

Latest article

Alibaba Group Holding Limited (OTCMKTS:BABAF) Big Volume with Possible 60% Upside

Alibaba Group Holding Limited (OTCMKTS:  BABAF) is an over the counter stock traded on the OTC Pink markets in the Consumer Discretionary...

Trans Global Group Inc (OTCMKTS:TGGI) Stock In Focus After Operational Updates

The Trans Global Group Inc (OTCMKTS:TGGI) stock may not have been in the news today yet but it...

Why Hycroft Mining (NASDAQ:HYMC) Stock Shot Up 700%

If you are on the hunt for stocks that may have made major gains over the course of the past week, then...

Secure Paymentz releases banking software demo on Github

This is a paid announcement from one of our advertising partners. How to Leverage Your Trading Position by Secure...

Advanced Asset Management Announces New Website Launch

This is a paid announcement from one of our advertising partners. Financial Planner in Grandville, Michigan
Şehirler arası nakliyat ve Şehirler arası taşımacılık konusunda en uygun fiyatlar ve en kaliteli hizmet.
ofis taşıma firmaları ve ofis taşıma konusunda en uygun fiyatlar ve en kaliteli hizmet. Affordable best sms verification service