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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

Post by MrGaiiinz1986on Apr 09, 2020 4:51pm
140 Views
Post# 30895828

News release 'Meh' at best

News release 'Meh' at bestPenny stocks are inherently risky! Throw your shares up on the ask next week and I'll add half a million at .05 instead of complaining about it... Worth it for me throwing another 25k at that price and waiting it out patiently.. I personally like the news release in some aspects. It's better having a manufacturing business that can be used to potentially make other cannabis products in the future instead of just a couple dispensaries and an addiction treatment business bleeding them dry regardless.. Sure we can argue they could have spent the money on other assets, but they won't be paying that much for it if revenue milestones aren't met within the 1 year period 'as per the May 2019 news release'. Also the licenses are worth something with this acquisition.
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