Vibe Growth Corporation: Vibe Reports Record First Quarter 2021 Revenue and Positive Net Income
2021 Q1 Highlights:
Positive After Tax Net Income in the first quarter of 2021
Same store sales increased 35% versus 2020
Company continued to expand store footprint
Completed a $16 million (CAD) equity financing
Cash position of $13.4 million
Sacramento, California (Newsfile Corp. - May 27, 2021) - Vibe Growth Corporation (
CSE: VIBE) (
Company or
Vibe ), a vertically integrated California cannabis enterprise, is pleased to announce after tax net income in the first quarter of 2021, resulting from significantly higher sales volumes at its California dispensaries. All financial information is provided in U.S. dollars unless otherwise indicated. The Condensed Consolidated Financial Statements and Management Discussion and Analysis ( MD&A ) for the three-month period ended March 31, 2021 are available on the Company s SEDAR profile at www.sedar.com and on Vibe s website at www.
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