Vibe Growth Corporation announces the opening of its new dispensary in Ukiah, California
Vibe’s newest dispensary, located in Ukiah, CA, opens to the public
Sacramento, Calif.– (Newsfile Corp. – March 10, 2022) – Vibe Growth Corporation (CSE: VIBE) (OTCQX: VIBEF) (FSE: A061) (the “Company” Where “Atmosphere“), a vertically integrated California cannabis company, is pleased to announce that it has received all necessary local and state regulatory approvals for the opening of its new dispensary in Ukiah, California.
The new Vibe By California branded Ukiah Dispensary at 441 State Street N, conveniently located in the heart of bustling downtown Ukiah, will open to the public for adult use sales on Friday, March 11, 2022.
The Ukiah store’s hours of operation are 9 a.m. to 9 p.m. and will offer residents and visitors to the Mendocino Valley a wide selection of top-tier cannabis brands and products. Vibe’s Ukiah Dispensary will offer a curated assortment of products including premier California brands and the company’s line of Hype Cannabis Co. marijuana products. Online ordering with same-day express pickup is available at www.vibebycalifornia.com.
Mark Waldron, CEO of Vibe, said, “We are thrilled to open our doors to the Ukiah community, and we look forward to providing our customers with the widest selection of premium cannabis products and a wonderful cannabis experience. retail.
Ukiah is Vibe’s seventh retail dispensary as the company continues to expand its retail footprint. Vibe’s California retail stores span locations in Sacramento, Stockton, Redding, Palm Springs, Salinas and Ukiah, in addition to its dispensary in Portland, Oregon.
About Vibe Growth Corporation
Vibe Growth Corporation and its cannabis retail brand, Vibe By California, is a trusted, vertically integrated California cannabis company with retail dispensaries; cultivation of cannabis in greenhouses; high-end indoor cultivation; commercial distribution of cannabis; brand sales and marketing; e-commerce platform; home delivery; and Hype Cannabis Co. marijuana and Vibe CBD products. In California, Vibe is focused on maximizing shareholder value by accelerating organic growth, opportunistic acquisitions, struggling workouts and new license applications. The company operates retail and e-commerce under its iconic Vibe By California brand.
To learn more about Vibe, visit: www.vibebycalifornia.com
Telephone: +1 416.479.9547
E-mail: [email protected]
Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.
Caution Regarding Product and Forward-Looking Information
Certain statements contained in this press release constitute forward-looking information. These statements relate to future events or future performance. The use of any of the words “anticipate”, “could”, “intend”, “expect”, “believe”, “will fly”, “projected”, “estimated” and expressions and similar statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the parties’ current beliefs or assumptions about the outcome and timing of such future events, and may be affected due to general economic conditions or the ongoing COVID-19 endemic. In this press release, forward-looking statements relate to, among other things, the company’s expectations for revenue, EBITDA profitability and adjusted cash flow, increased sales volumes and retail operations of the society. Actual future results may differ materially.
The forward-looking information contained in this release is made as of the date hereof, and the parties undertake no obligation to update or revise the forward-looking information, whether as a result of new information, future events or otherwise, except if required by applicable securities laws. Due to the risks, uncertainties and assumptions contained herein, investors should not place undue reliance on forward-looking information. The foregoing statements expressly qualify any forward-looking information contained herein. The risk factors relating to the Company are described in the Company’s management report, a copy of which is available under the Company’s profile on SEDAR.
This press release does not constitute an offer to sell or a solicitation of an offer to buy securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “US Securities Act”) or any state securities law and may not be offered or sold in the United States or to United States persons unless registered under United States securities law and applicable state securities laws or an exemption from such registration is available. Not for distribution to US Newswire services or broadcast in the United States. Failure to comply with this restriction may constitute a violation of United States securities laws.
Unlike Canada, where federal legislation uniformly governs the cultivation, distribution, sale and possession of medical cannabis under the (federal) Cannabis Act, readers are cautioned that in the United States, cannabis is largely regulated at the state level. To Vibe Growth Corporation’s knowledge, to date there are a total of 33 states, plus the District of Columbia, that have legalized cannabis in one form or another. Notwithstanding the permissive regulatory environment for medical cannabis at the state level, cannabis continues to be classified as a controlled substance under the Controlled Substances Act in the United States and, as such, practices or activities related to cannabis, including without limitation the manufacture, importation, possession, use, or distribution of cannabis is illegal under US federal law. Strict compliance with state cannabis laws will not exempt Vibe from liability under United States federal law, nor will it provide a defense to any federal proceeding that may be brought against Vibe Growth Corporation. Any such proceedings brought against Vibe could adversely affect its business and financial performance.
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