The Palm Springs location will be Vibe's seventh as the Company continues to rapidly expand its retail cannabis dispensary footprint across California
- b'Sacramento, California--(Newsfile Corp. - 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.
- "\nThe 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.
- In California, Vibe is focused on maximizing shareholder value through accelerating organic growth, opportunistic acquisitions, distressed workouts, and new license applications.
- Strict compliance with state laws concerning cannabis will neither absolve Vibe of liability under the U.S. Federal law nor will it provide a defense to any Federal proceeding, which may be brought against Vibe Growth Corporation.