Ventura Cannabis and Wellness Corp CVHIF

Healthcare Drug Manufacturers - Specialty & Generic

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.

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Ventura Cannabis and Wellness Corp > Complaints to BCSC

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Comment by lscfaon Dec 09, 2020 4:07pm

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Post# 32070119

RE:RE:RE:RE:RE:RE:RE:RE:RE:Complaints to BCSC

The 2 year time line is for the liquidation of the assets that remain AFTER the Vibe shares/wrts are distributed to VCAN shareholders. The circ. estimates it could be $600,000 cdn ( $0.016 per share) but I think sleazy mgmt will take their time and keep drawing a salary until it runs out.

Pleasegoup wrote: Ok so I was sent a follow up email from BCSC: Good afternoon, Further to our email below, our Corporate Finance division has reviewed material the company has filed on SEDAR, and noted that the companys shareholders approved, at the last AGM, payments to shareholders within 24 months of the closing of the transaction. Payments to shareholders are to be made as soon as practicable, but within 24 months. Since the transaction closed November 8, 2020, payments are to be made to shareholders by November 8, 2022. We trust you find this information helpful. Thank you, Adrianne

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