VIVO Cannabis Inc. (V:VIVO)
Business Focus: Alternative Medicine
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Insider Filings
Latest 10 SEDI filings for VIVO within the last 6 months
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Company News
Mar 24, 2023 03:15 ET
VIVO Cannabis Obtains Final Court Order Approving Its Plan of Arrangement with MediPharm
Toronto, Ontario--(Newsfile Corp. - March 24, 2023) - VIVO Cannabis Inc. (TSX: VIVO) (OTCQB: VVCIF) ("VIVO") is pleased to announce that it has obtained a final court order (the "Final Order") from the Ontario Superior Court of Justice (Commercial List) approving the previously announced plan of arrangement (the "Arrangement") with MediPharm Labs Corp. ("MediPharm") under the Canada Business Corporations Act. As previously announced, the Arrangement was approved at the special meeting of the shareholders of VIVO held on March 21, 2023.
Mar 21, 2023 22:26 ET
VIVO Cannabis Announces Approval of Proposed Arrangement at Special Meeting of Shareholders
Toronto, Ontario--(Newsfile Corp. - March 21, 2023) - VIVO Cannabis Inc. (TSX: VIVO) (OTCQB: VVCIF) ("VIVO") is pleased to announce that, at the special meeting of the shareholders of VIVO (the "Shareholders") held today (the "Meeting"), the Shareholders approved (i) a special resolution (the "Arrangement Resolution") authorizing a plan of arrangement under section 192 of the Canada Business Corporations Act (the "Arrangement"), previously announced on December 22, 2022, pursuant to which MediPharm Labs Corp. ("MediPharm") will acquire all of the issued and outstanding common shares of VIVO (each, a "Share") in an all-equity business combination transaction, and (ii) a special resolution (the "Reduction of Stated Capital Resolution") authorizing a related reduction in the stated capital of the Shares. Details of the voting results will be filed under VIVO's profile on SEDAR at www.sedar.com.
Valuation Ratios
Industry
Sector
Beta
2.13
--
--
Price to Sales - TTM
0.29
3.72
3.98
Price to Book - most recent quarter
0.20
0.86
1.68
Price to Cash Flow per share - TTM
--
9.39
10.03
Price to Free Cash Flow per share - TTM
--
8.49
15.26
Short Report
| Date | Number of Shares Shorted | Net Change |
|---|---|---|
| Dec 31, 1969 | 0 | 0 |
| Dec 31, 1969 | 0 | 0 |
| Dec 31, 1969 | 0 | 0 |
Business Summary
| Sector: Healthcare | Industry: Pharmaceuticals |
Vivo Cannabis Inc is a Canada-based company that provides cannabis products and services. The Company's principal business activity is the production and sale of medical and adult-use cannabis and cannabis products and providing cannabis-related medical information and services in Canada. The Company has a range of of premium brands, each targeting different customer segments, including Canna Farms, Beacon Medical, Fireside, and Lumina. Harvest Medicine, the Company's patient-centric network of medical cannabis clinics. The Company holds production and sales licenses from Health Canada and operates indoor and seasonal airhouse cultivation facilities. It offers pharmaceutical-grade products grown in small batches in Napanee, Ontario. Its Beacon Cannabis provides navigating medical cannabis using the Beacon Cannatypes classification system. The Company's wholly owned subsidiaries include ABcann Medicinals Inc (ABcann) and Canna Farms Limited (Canna Farms).
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