Ventura Cannabis and Wellness Corp CVHIF

RE:Final Opportunity?

[dileas48s]

I think you're pretty much on the money DFC.  There is quite the laundry list of items that BLVD owes us an update on.  The utter lack of communications, despite promises to the contrary is truly weak!

There was a lot of talk about improved profitability through the new model, and in fairness Heath's first anniversay as CEO is yet to be upon us.  I'm still here because I believe we have an actual business, with revenues, and the capability of turning a profit.  Expansion, I believe is key, especially outside of California where insurance payment rules are different, and there is more opportunity to recoup revenue.  

I think Weedaide, is for the most part, a distraction, but I would be happy to be proven wrong.

DashForCash wrote: No joy in Mudville to be clear right now.

Changing the CEO at this point, I would suggest, does not make sense and would only further bother the markets - those left still looking at this at the moment which is probably not a lot currently.
Ultimately - and this is a "to each is own" scenario, but the possible FINAL opportunity to deliver a renewed path to the upside will be complete by the end of July.  And, no, this is not another ...next quarter...next quarter rant...it just, to me, seems that this timeframe would allow for a NO EXCUSES ability to report on:

* Year end financials (end of June)
* Q1 financials (end of July)
* Update on initial sales of Weedaide and status and breadth of distribution network
* Status of "new" facility that was to be ALREADY opened
* Status of NEW facility opportunities under his "open quickly" strategy that currently appears to be bogged down in regulation issues (poor understanding of the process?)
*Status of lab expansion and newly retained revenues under the "I intend to capture those revenues for us" promise
*Bad debt collection status from previous sales and potential legal settlements against firms that stiffed us
* I.R. strategy plan

I am not sure if I am missing anything else though possible.

Any lack of communication on ALL of those obvious subjects that clearly shareholders are patiently waiting for would, for me, spell final major concerns.

This is less than four months away so not a great amount of time to wait.  Let's hope Heath can bring this all together and set a new path.  Perhaps Weedaide becomes a hit? Perhaps he can structure distribution deals with some of the major marijuana names that would spark interest from the market...who knows.  Open to being optimistic as it is easy to be negative...and to be honest, there have been a lot of reasons to be negative.

My thoughts...DFC