Vibe by california palm springs dispensary12/22/2023 ![]() ![]() Because of the risks, uncertainties, and assumptions contained herein, investors should not place undue reliance on forward-looking information. The forward-looking information contained in this release is made as of the date hereof and the parties are not obligated to update or revise any forward-looking information, whether as a result of new information, future events, or otherwise, except as required by applicable securities laws. Actual future results may differ materially. In this news release, forward-looking statements relate to, among other things, the Company’s expectations of revenue, EBITDA profitability and adjusted funds flow, higher sales volumes, and the company’s retail operations. The use of any of the words “anticipate”, “could”, “intend”, “expect”, “believe”, “will”, “projected”, “estimated” and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the parties’ current belief or assumptions as to the outcome and timing of such future events, and may be impacted as a result of general economic conditions or the ongoing COVID-19 pandemic. These statements relate to future events or future performance. To learn more about Vibe, please visit: Cautionary Note Regarding Product & Forward-Looking InformationĬertain statements contained in this press release constitute forward-looking information. The Company operates retail and e-commerce under its iconic Vibe By California brand. In California, Vibe is focused on maximizing shareholder value through accelerating organic growth, opportunistic acquisitions, distressed workouts, and new license applications. ![]() Vibe Growth Corporation and its cannabis retail brand, Vibe By California, is a trusted, vertically integrated California cannabis enterprise with retail dispensaries cannabis greenhouse cultivation premium indoor cultivation commercial cannabis distribution brand sales and marketing e-commerce platform home delivery and Hype Cannabis Co. The dispensary is conveniently located 10 minutes north of the Palm Springs city center, just one block off of Interstate 10, the key highway spanning all of southern California, at an exit that averages daily traffic of approximately 100,000 vehicles per day. Coachella is in itself a destination and is also part of a crucial corridor connecting Los Angeles and Phoenix, Arizona. ![]() The Vibe management team had deemed Palm Springs a priority expansion jurisdiction due to the Coachella Valley’s high public profile, favorable market demographics, and strategic location. ![]() “We will continue to be opportunistic with respect to our targeted expansion locations and are now focusing on optimally integrating the new dispensaries.” “We are excited about the progress and execution of our retail expansion plans and look forward to serving the visitors and residents of Palm Springs,” commented Mark Waldron, CEO of Vibe Growth. Marketing initiatives, including improving product delivery methods, and the introduction of a Vibe rewards program aimed at enhancing customer loyalty, will be part of the Company’s focus on ensuring that Vibe brand recognition and consumer appreciation continue to grow. brands, which are seeing growing demand at all of the Company’s locations. Both product inventory and product selection will be increased significantly with an emphasis on the Vibe By California and Hype Cannabis Co. The Company intends to upgrade the location to comply with the Vibe brand aesthetic and elevate the customer experience to the “Vibe By California” level for which its dispensaries are becoming renowned. The Palm Springs location will represent Vibe’s seventh cannabis dispensary, adding to a portfolio that also includes California locations in Sacramento, Stockton, and Redding with new dispensaries opening in Salinas and Ukiah later this year in addition to its Portland, Oregon dispensary. – May 4, 2021) – Vibe Growth Corporation (CSE: VIBE) (OTC: VBSCF) (FSE: A061) (the “Company” or “Vibe”), a vertically integrated California cannabis enterprise, is pleased to announce the closing of its Desert Organic Solutions Collective, Palm Springs dispensary acquisition, previously announced on April 7, 2021. The Palm Springs location will be Vibe’s seventh as the Company continues to rapidly expand its retail cannabis dispensary footprint across California ![]()
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