Vivo Cannabis announces it will begin trading on the Toronto Stock Exchange today and provides an update on Canadian operations.
VIVO Cannabis Inc. (TSXV: VIVO, OTCQX: VVCIF) is pleased to announce its common shares will begin trading on the Toronto Stock Exchange (the "TSX") effective as of market open on January 24, 2020, under the current trading symbol of VIVO. In conjunction with the TSX listing, the Common Shares will be voluntarily delisted from the TSX Venture Exchange.
The strength of the Toronto Stock Exchange is world-class, and this event represents a tremendous milestone for VIVO.Barry Fishman, Chief Executive Officer.
Mr. Fishman went on to say that "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."
To celebrate this corporate milestone, VIVO will host employees and invited guests to open trading on the TSX on Friday, January 24, 2020. The market opening ceremony will be available on TSX.com.
Cannabis 2.0 Update
To date, VIVO has successfully shipped cannabis 2.0 products from its Canna Farms facility to the provinces of Manitoba and Saskatchewan, with purchase orders to Alberta, Ontario and British Columbia expected to ship imminently.
VIVO also expects to make initial shipments of its Fireside chocolate products, which were created with the founders of award-winning Belgian chocolatier, ChocolaTas to the provinces of British Columbia, Alberta, Saskatchewan, Manitoba & Ontario.
Furthermore, its Fireside concentrates and vape products from its Vanluven facility will be shipped to the provinces of Alberta, Ontario, British Columbia, and New Brunswick, before the end of Q1 2020.
"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," Mr. Fishman continued. "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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