On the eve of its debut on the TSX Thursday, Napanee, Ontario-based VIVO Cannabis Inc. (TSX-Venture:VIVO) updated investors on the progress of its chief product.
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 and Ontario, and its Fireside™ concentrates and vape products from its Vanluven facility to the provinces of Alberta, Ontario, British Columbia and New Brunswick, before the end of the current quarter.
Investors appeared chomping at the bit to buy, sending prices soaring 5.5 cents, or 13.9%, to 45 cents, on volume of 1.2 million shares.
