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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 Oct 21, 2019 12:51pm
129 Views
Post# 30251597

RE:I Don't Understand

RE:I Don't Understand
I'm heavily invested here and I certainly dislike watching the share price falter, but it remains a very speculative company.  Even their press release about Utah - while projects optimism - is still an unknown.  We have no idea how much competition they'll have, how long it would take to ramp up, how quickly they can get to market.

Sure, there are positive signs because of the lowballing their doing with revenue (which I support), but revenue, and profit are not the same thing, and there's not enough of either to move the needle yet.  To me, today's action looked like someone just flushing their whole position for whatever they could get.  That's going to happen if an investor things their money is better placed elsewhere.

I continue to hold with some expectations for good things.


Michael4444 wrote: Am I missing something here?  Now down to $0.22 - what is going on?  I know that I am not as heavily invested as some here - but this doesn't bode well.  

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