- Vibe Growth Corporation (VIBE) announced a normal course issuer bid
- Under the NCIB, Vibe may purchase up to a total of approximately 5,607,150 common shares
- Purchases are expected to commence on December 9, 2022, and conclude on December 9, 2023
- Vibe Growth Corporation and its cannabis retail brand, Vibe By California, is a trusted, vertically integrated California cannabis enterprise
- Vibe Growth Corporation. (VIBE) opened trading at C$0.12
Vibe Growth Corporation (VIBE) announced a normal course issuer bid.
Under the NCIB, Vibe may purchase up to a total of approximately 5,607,150 common shares. The actual number of common shares which may be purchased through the NCIB are at the discretion of management.
Vibe is pursuing the NCIB because it believes that the market price of its common shares may not fully reflect the underlying value of its business.
Vibe has retained Independent Trading Group Inc. (ITG) to coordinate and facilitate its purchases of common shares under the NCIB.
Purchases are expected to commence on December 9, 2022, and conclude on December 9, 2023.
Vibe Growth Corporation and its cannabis retail brand, Vibe By California, is a trusted, vertically integrated California cannabis enterprise with retail dispensaries; cannabis greenhouse cultivation; premium indoor cultivation; commercial cannabis distribution; brand sales and marketing; e-commerce platform; home delivery, Vibe Street Wear, Hype Cannabis Co. marijuana and Vibe CBD products. The company operates retail and e-commerce under its iconic Vibe By California brand.
Vibe Growth Corporation. (VIBE) opened trading at C$0.12.