Ventura Cannabis and Wellness Corp CVHIF

Healthcare Drug Manufacturers - Specialty & Generic

Ventura Cannabis and Wellness Corp is a vertically integrated, California-based products cannabis company. The company is currently building out its distribution channel through revenue-sharing agreements with owner-operator of cannabis dispensaries to ensure it's products get premium shelf space. The Company plans to target four segments in the U.S. cannabis and CBD market with products suited to their needs: senior citizens, upwardly mobile middle-aged female professionals, upwardly mobile middle-aged male professionals and individuals suffering from addiction.

GREY:CVHIF - Post by User

Ventura Cannabis and Wellness Corp

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Comment by Xiawen13on Nov 13, 2016 7:33pm

131 Views

Post# 25455118

RE:RE:Cash flow positive | year end run up

Hi Chase, you did express some reservation about that positive oprating cash flow thing last time I mentionned. Could you please explain me your understanding of that sentence from page 9 MD&A

"The Company has sufficient cash on hand to continue to support its expansion plans and meet its contractual obligations, and expects to generate positive operating cash flow in the second half of fiscal 2017."

All the important words are there: POSITIVE (which means cash in the bank increase) and OPERATING (which mean the money will come from operation not from a loan as in Q2) and FISCAL 2017 (which means now)

what is it you suspect is not said here??

ChaseYourDream wrote: Strong post. Appreciated.. but I do not interpret guidence to be cash-flow positive in Q3-Q4 2017 (now!) menas the net loss for the year will vanish, only that it will start beig reduced. Now I may be wrong about what was stated, and/or wrong about what happens, in either case I will be even more pleased.

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