NetworkNewsBreaks – VIVO Cannabis Inc. (TSX.V: V
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Posted On: 05/30/2019 4:01:17 PM
NetworkNewsBreaks – VIVO Cannabis Inc. (TSX.V: VIVO) (OTCQX: VVCIF) Releases Q1 2019 Financial Results
VIVO Cannabis (TSX.V: VIVO) (OTCQX: VVCIF) on Wednesday announced its Q1 2019 financial and operating results. Among the updates, the company outlined its strategy for continued capacity expansion and production capabilities, having doubled its annual production capacity at both its Hope, B.C. and Napanee, Ontario facilities in Q1 2019. “The first half of 2019 has been focused on increasing VIVO’s production capacity. With the recent doubling of capacity at both our Canna Farms and Vanluven facilities, we have been very successful in that regard,” VIVO President and CEO Barry Fishman said in the news release. “Our goal has always been to increase long-term shareholder value by establishing ourselves as a premium provider of cannabis products and services. We are lowering our cost per kilogram through increased production capacity, thereby realizing economies of scale.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
VIVO Cannabis (TSX.V: VIVO) (OTCQX: VVCIF) on Wednesday announced its Q1 2019 financial and operating results. Among the updates, the company outlined its strategy for continued capacity expansion and production capabilities, having doubled its annual production capacity at both its Hope, B.C. and Napanee, Ontario facilities in Q1 2019. “The first half of 2019 has been focused on increasing VIVO’s production capacity. With the recent doubling of capacity at both our Canna Farms and Vanluven facilities, we have been very successful in that regard,” VIVO President and CEO Barry Fishman said in the news release. “Our goal has always been to increase long-term shareholder value by establishing ourselves as a premium provider of cannabis products and services. We are lowering our cost per kilogram through increased production capacity, thereby realizing economies of scale.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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