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VIVO VIVO Cannabis Inc

0.025
0.00 (0.00%)
14 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
VIVO Cannabis Inc TSX:VIVO Toronto Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.025 0.02 0.025 0 01:00:00

VIVO Announces Stock Option Grants

31/12/2020 10:45pm

PR Newswire (Canada)


VIVO Cannabis (TSX:VIVO)
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From Jun 2019 to Jun 2024

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NAPANEE, ON, Dec. 31, 2020 /CNW/ - VIVO Cannabis Inc. (TSX: VIVO), (OTCQX: VVCIF) ("VIVO" or the "Company") today announced that in conjunction with its annual employee compensation program, it has granted, effective today, an aggregate of 6,900,000 million stock options (each, an "Option") to certain officers, employees and consultants of the Company in accordance with the Company's stock option plan. Each Option is exercisable into one common share in the capital of the Company (each, a "Share") at a price of $0.13 per Share, being the closing price of the Shares on the TSX on December 30, 2020, for a period of five years from the date of the grant. This option grant makes up part of the compensation and retention incentives anticipated by our stock option plan. All full time employees of the Company will receive Options under this normal-course business grant. The Options will vest in equal quarterly instalments over 36 months.

Vivo Cannabis Logo (CNW Group/VIVO Cannabis Inc.)

About VIVO Cannabis™

VIVO Cannabis™ is recognized for trusted, premium cannabis products and services. It holds production and sales licences from Health Canada and operates world-class indoor and seasonal airhouse cultivation facilities. VIVO has a collection of premium brands, each targeting different customer segments, including Canna Farms™, Beacon Medical™, Fireside™, Fireside-X™, Lumina™ and Canadian Bud Collection™. Harvest Medicine, VIVO's patient-centric, scalable network of medical cannabis clinics, has serviced over 150,000 patient visits. VIVO is pursuing several partnership and product development opportunities and is focusing its international efforts on Germany and Australia. For more information visit: vivocannabis.com

SOURCE VIVO Cannabis Inc.

Copyright 2020 Canada NewsWire

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