Streetbeat News

VIBEF

Vibe Growth Corporation

Industry

Tobacco Manufacturing

Open

0.08

Mkt cap

745K

Volume

19K

High

0.08

P/E Ratio

-0.09

52-wk high

0.18

Low

0.07

Div yield

N/A

52-wk low

0.01

Vibe Growth Corp (OTCQB:VIBEF) reported mixed Q3 2023 results with a revenue decline of 8.1% to $3.39 million and a net loss of $1.34 million, consistent with the same period in 2022. However, the company saw an improvement in dispensary gross margin to 49.7% and a positive EBITDA of $1.17 million for the quarter. CEO Mark Waldron attributed growth to strategic changes and cost reductions. VIBEF's stock was trading at $0.021 per share.

Portfolio Pulse from Patricio Liddle

November 30, 2023 | 7:22 pm

Vibe Growth Corporation (OTCQX:VIBEF) reported its Q2 2023 financial results, showing a challenging financial position with a net loss of $1,397,542 and adjusted EBITDA loss of $557,056. However, the adjusted EBITDA loss marks an improvement from the previous quarter's loss of $2,706,964. The company's dispensary sales for Q2 2023 were $3.69 million, a 7.75% decline from the previous quarter, but the average dispensary basket size saw a marginal increase.

Portfolio Pulse from Nicolás Jose Rodriguez

August 31, 2023 | 12:22 pm

Marijuana stocks showed significant movement on August 15, 2023. Notable gainers included Red White & Bloom Brands, GrowLife, and CBD Of Denver, with shares closing up 4900.00%, 42.00%, and 16.67% respectively. On the other hand, Hemp, Stem Holdings, and RIV Capital were among the biggest losers, with shares closing down 33.33%, 20.00%, and 18.12% respectively.

Portfolio Pulse from Benzinga Insights

August 15, 2023 | 9:30 pm

The article lists the marijuana stocks that gained and lost on August 9, 2023. Notable gainers include CannTrust Holdings (OTC:CNTTQ), Humble & Fume (OTC:HUMBF), and Maple Leaf Green World (OTC:MGWFF). Significant losers include Gaby (OTC:GABLF), Rocky Mountain High (OTC:RMHB), and GrowGeneration (NASDAQ:GRWG).

Portfolio Pulse from Benzinga Insights

August 09, 2023 | 9:30 pm

On July 31, 2023, several marijuana stocks experienced significant price movements. Notable gainers included Hemp (OTC:HEMP), Acreage Holdings (OTC:ACRDF), and Malachite Innovations (OTC:MLCT), which saw their shares close up by 100.00%, 42.03%, and 40.95% respectively. On the other hand, Humble & Fume (OTC:HUMBF), EVIO (OTC:EVIO), and Choom Holdings (OTC:CHOOF) were among the biggest losers, with their shares closing down by 67.04%, 50.00%, and 44.44% respectively.

Portfolio Pulse from Benzinga Insights

July 31, 2023 | 9:51 pm

On July 27, 2023, several cannabis stocks experienced significant price movements. Notable gainers include Hemp (OTC:HEMP), Gaby (OTC:GABLF), and Global Hemp Group (OTC:GBHPF), while significant losers include Earth Science Tech (OTC:ETST), Tetra Bio Pharma (OTC:TBPMF), and Heritage Cannabis Holding (OTC:HERTF).

Portfolio Pulse from Benzinga Insights

July 27, 2023 | 9:30 pm

The article lists the cannabis stocks that gained and lost on July 25, 2023. Notable gainers include EVIO, MGC Pharmaceuticals, CBD Of Denver, Allied, and Blueberries Medical. Significant losers include Choom Holdings, 1933 Industries, GrowLife, Item 9 Labs, and Flora Growth.

Portfolio Pulse from Benzinga Insights

July 25, 2023 | 9:30 pm

On July 19, 2023, several cannabis stocks experienced significant price movements. Notable gainers include Target Group (OTC:CBDY), Hemp (OTC:HEMP), and GrowLife (OTC:PHOT), with shares closing up 220.00%, 100.00%, and 54.64% respectively. On the other hand, Earth Science Tech (OTC:ETST), Stem Holdings (OTC:STMH), and Conservative Broadcast (OTC:CBMJ) were among the biggest losers, with shares closing down 52.17%, 28.57%, and 18.64% respectively.

Portfolio Pulse from Benzinga Insights

July 19, 2023 | 9:30 pm

Vibe Growth Corporation (OTCQX: VIBEF) reported Q1 2023 financial results, with gross margin improvements due to efficiency and cost-saving initiatives. However, total revenue decreased by 30% YoY and 14% sequentially, while net loss increased to $1.15 million.

Portfolio Pulse from Jelena Martinovic

May 31, 2023 | 5:05 pm

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