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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 Aug 30, 2019 9:20am
95 Views
Post# 30082684

RE:RE:Depressing

RE:RE:Depressing
I agree with this.

I also think it's worth pointing out that this management team created an options schedule that only is in the money when there is significant appreciation in the share price.  They aren't milking this thing dry.

I have confidence that they did this knowing they can execute on their plan and that they will be rewarded handsomely for doing so.  

It's going to take longer than I anticipated but I remain confident that they will achieve the goals they have set.  How the market reacts to that - well, it's anyone's guess, but I think they will do it.

~dileas

Longtermplay123 wrote: I agree this has been extremely disappointing. I also agree that 90% of this board is just reaching for sky in “hopeful” pieces of infortmatiin that provide zero actual relevance. I have been long since before the transition to being a vertically integrated cannabis company largely for its balance sheet, low valuation, and potential for growth. 

All I can say is that, in my opinion, there is no point in selling at this point because we are at the floor of the valuation of the company (I.e. basically trading at book value). The Company has cash, is now generating small amounts of cannabis revenue, and minimal debt which allows them the ability to get done what they need to (growth, acquisitions etc.). 

Finally, while management has not given a ton of disclosure nor addressed valuation, they are at least somewhat executing on what they said they are going to do. Now it’s time to see the results over the next 3-4 quarters and then assess if they are hitting growth targets. 

Best of luck. Need volume on this dog!  GLTA


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