Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 brentski99on Mar 16, 2019 4:25pm
195 Views
Post# 29496366

RE:VFF is a great example of Mixed Business

RE:VFF is a great example of Mixed BusinessExcellent example.  6 times sales is a moderately low and reasonable  estimate that shoud be easy to sell to future investors. It would depend on who is selling it.

With existing revenues at 2 times sales that would approximately triple todays stock price to about $2.70'

Double our sales as CEO has stated he intends to do in the short term with existing cash on hand through acquistion and build-out and that puts us at around $5.40.

Highers sales and/or a higher Sales to Price Ratio will move us even higher in price without dilution. No wonder Jacob had a hard time holding his smiles back when describing his good fortune of stumbling upon this clean,  cash and asset rich company which had no debt. 

A nice clean shell with tax losses going forward would have been good enough to vend Herbal Grasslands into for shares and control. That is the way it has been done for years and is probably the best he was  gonna find. But to find this opportunity the way it is structured is unbelievable good fortune for anybody in his position.

He didn't come cheap but I think what we brought on board here  is a quality guy with unbelievable connections, expertise and experience in the field. The communication with existing shareholders is fantastic for a change especially when they present their vision of the clear path forward for the company without the bs and hype that usually comes with it.


Bullboard Posts