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 > VIBE Warrants (15SEP21)

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Comment by dileas48son Mar 27, 2021 6:15am

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Post# 32892238

RE:RE:VIBE Warrants (15SEP21)

In my opinion, if one is long and plans to hold shares from warrants past the deadline, the only consideration of when to exercise the warrants is when you have the cash to pay for them. There's no other reason to wait. Well, I suppose you might be long, but want to get out if some bad news comes.I wouldn't want my warrants to become useless.

However, if one wants to capture the gain right now, or wants the shares to trade in and out now, I would think one would exercise them immediately.

For me, I have my TFSA and RSP accounts maxed out, so I have to sell something to pay for the warrants. I haven't figured out what that is yet, but certainly one option is to sell all or some of the VIBE shares I already received.

snootchybootchy wrote:

davgro wrote: I put in orders this morning with TD Direct Investing to exercise all the VIBE warrants (15SEP21) I received as part of the 1st tranche. There was no cost to exercise the warrants and the representative said that the shares should show up in my account within 2 business days. Only requirement was that there be enough cash available in the account to cover the cost of exercising the warrants. I will update the board when I receive those VIBE shares as I am skeptical that they will actually be in my account in 2 business days.

Could you share why you decided to exercise the warrants now? Are you exercising them now just for the purpose of selling those shares for a profit? Seems like if one is long on VIBE and wants to hold onto their VIBE shares, they would want to wait until September or as long as possible to exercise their warrants.