VIVO Cannabis (TSX.V: VIVO) (OTCQX: VVCIF), an Ontario-based cannabis company recognized for its premium products and services, today announced that its common shares are set to start trading on the Toronto Stock Exchange (“TSX”) under the symbol ‘VIVO’ at market open on January 24, 2020. The company’s common shares will be voluntarily delisted from the TSX Venture Exchange in connection with the TSX listing. “The strength of the Toronto Stock Exchange is world-class, and this event represents a tremendous milestone for VIVO,” VIVO Cannabis CEO Barry Fishman stated in the news release. “We believe the TSX listing will increase VIVO’s exposure to a wider audience, increase trading liquidity and expand access to a large new pool of institutional investors.”
In addition, the company provided an update regarding its cannabis 2.0 products. Per the update, VIVO has successfully shipped cannabis 2.0 products from its Canna Farms facility to the provinces of Saskatchewan and Manitoba, and anticipates shipping purchase orders to Alberta, Ontario and British Columbia very soon. Before the end of Q1 2020, VIVO expects to make initial shipments of its Fireside(TM) chocolate products to British Columbia, Alberta, Saskatchewan, Manitoba and Ontario, and its Fireside(TM) concentrates and vape products from its Vanluven facility to Alberta, Ontario, British Columbia and New Brunswick. “We expect that by the end of Q1 2020, our cannabis 2.0 products will be available for sale in seven provinces, which is a significant achievement considering the recent opening of the market,” VIVO Cannabis CEO Barry Fishman stated in the news release. “We are proud of our suite of 2.0 products and look forward to our customers having the opportunity to experience them for themselves.”
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About VIVO Cannabis(TM)
VIVO, based in Napanee, Ontario, is recognized for trusted, high-quality products and services. It holds production and sales licenses from Health Canada and operates world-class indoor cultivation facilities with proprietary plant-growing technology. VIVO has a collection of premium brands targeting unique customer segments, including Beacon Medical(TM), FIRESIDE(TM), Canna Farms(TM) and Lumina(TM). In August 2018, VIVO acquired Canna Farms, a premium cannabis company based in Hope, British Columbia. Canna Farms was B.C.’s first Licensed Producer and has several years of craft cultivation experience and expertise, as well as a significant patient base and positive cash flow. The Company is significantly expanding its production capacity and pursuing partnership and product development opportunities domestically, as well as in select international markets, including Germany and Australia. VIVO also operates Harvest Medicine, a patient-centric and highly scalable network of specialty medical cannabis clinics as well as a free telemedicine service. VIVO has a healthy balance sheet and is well-positioned to accelerate its growth in Canada and internationally. For more information, visit the company’s website at www.VivoCannabis.com.
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