Ventura Cannabis and Wellness Corp CVHIF

RE:What I don’t understand is...

[dileas48s]

I agree completely.  Large bagholder here also, but there is room for a lot of optimism based on the team (and, yeah, we can debate Heath).

There is so much of the plan here left to be executed, and I can be patient at this point given they haven't had a lot of time to execute, and they are working in a vertical that is heavily regulated.

SP is just at about book value, depending on the cash burn and the value of the real estate, so it's reasonable to assume that continued execution of the plan - that results in improved financials will only serve to increase demand, and the SP.

Longtermplay123 wrote: Who would be selling & why? I get that management has failed in providing transparency but at this point, there is nobody whatsoever in the green or even break even. So why sell right before the quarter that will be the first sign of any Hope in the cannabis sector? It’s not like this company has a cash runway or <1 yr or is leveraged whatsoever. 

For full disclosure, I am by no means saying “buy”. I have stopped buying this a llong time ago, but yes I’m a bag holder waiting to see if the new model works. Just don’t understand why people are selling unless they think it’s draining cash fast. To me this is a hold and wait. GLTA