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.

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Ventura Cannabis and Wellness Corp

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Comment by dileas48son Feb 25, 2019 10:13am

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Post# 29408456

RE:RE:RE:RE:NEWS out! Conference Call Thursday

So, those whose shares are held by their broker (i.e. you DO NOT have paper stock certificates) will transition automatically - nothing to do.

It's a bit frustrating to have to go through another, surely week long process, for the dust to settle on another cusip no. change, but I guess it was inevitable.

I've bought a few clumps of shares here and there but my guess is that we're not going to see any significant rise in prise in the near term. If anything, today's news will hinder the price, and any upward momentum.

lscfa wrote: A new cusip no. means days before the new vcan shares will be in accounts so no shares for sale.

LAMBO wrote: what does this mean? Does the shares not change automatically? House 85 selling 512,035 shares at 9.5.

A letter of transmittal will be mailed to registered shareholders on March 1, 2019, providing instructions to surrender the certificates evidencing their Common Shares for replacement certificates representing the number of Common Shares to which they are entitled as a result of the Consolidation. Until surrendered, each certificate representing Common Share prior to the Consolidation will be deemed for all purposes to represent the number of Common Shares to which the holder thereof is entitled as a result of the Consolidation.