Ventura Cannabis and Wellness Corp CVHIF

RE:RE:wonder if its time to back up the truck?

[brentski99]

This company is trading for less than breakup value considering the cash on hand. And at a major discount to net asset value. 

There is absolutely zero debt. This is a major anomoly in the cannabis sector (or any sector for that matter for a penny stock). Very small chance of this company going under. I have as others have criticized management on being too careful and slow moving in the  past but it is now paying off as we have enough cash and cashflow to withstand any future downturn.

Our market cap has already been totally devestated and at around the current price the company has enough cash on hand  to do a major share buyback if it had to. 

Much better scenario than what the so called leaders in this sector are having to do to just stay afloat. Expansion and aquisition is getting more affordable by the week. That 3 or 4 million cash will go 10 times as far as it did only 1 year ago.