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Ventura Cannabis and Wellness Corp CVHIF

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

Comment by dileas48son Apr 05, 2018 3:19pm
109 Views
Post# 27838101

RE:RE:RE:RE:When Is Q4 ?

RE:RE:RE:RE:When Is Q4 ?
That is correct, because Q4 ends in February 2018.

It seems odd, I agree, but that is the standard nomenclature used for companies who choose a non-calendar month for their financials.

BLVD made this change in either 2016 or 2017.  I can't remember which.  The speculation at the time was that, in general November and December can be "slower" months for the rehab business due to the Thanksgiving - Christmas time period.  There is some evidence that addicts are less likely to seek treatment during this time frame.  It has been suggested that for this reason there was a desire to separate November from December in quarterly reports as a means of evening out the results rather than have one noticebly "stinker" quarter.

That's the theory, anyway.



cactuspete wrote: So following that, 10 months of operations in 2017 are reported as 2018 fiscal year?  


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