VIVO Cannabis™ Announces Second Quarter 2020 Results

by Newsfeed

  • Net revenue of $9.4 million – an increase of 15% over Q1 2020 and 79% over Q2 2019
  • Achieved 68% Ontario retail market share in the concentrates category, including first-to-market shatter by Fireside™ X
  • Entered product supply and clinical services agreements with Medical Cannabis by Shoppers™
  • Canna Farms™ is the fourth most recognized cannabis brand, according to recent Brightfield Group independent survey
  • Largest export shipment to Australia occurred during the quarter

TORONTO, Aug. 14, 2020 /CNW/ – VIVO Cannabis Inc. (TSX:VIVO) (OTCQX:VVCIF) (“VIVO or the “Company“) today released its second quarter 2020 financial and operating results.

VIVO Cannabis Inc. Logo (CNW Group/VIVO Cannabis Inc.)

Management Commentary

“This is our fifth consecutive quarter of sequential sales growth. We are pleased…

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