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.

GREY:CVHIF - Post by User

Ventura Cannabis and Wellness Corp > Can we sell those Ventura shares at all?

<< Previous

Bullboard Posts

Next >>

Comment by dileas48son Apr 09, 2021 1:17pm

117 Views

Post# 32967472

RE:RE:Can we sell those Ventura shares at all?

That is pretty cool - and a nice windfall for sure! I would hazard a guess that they had more assets than a tax loss and $0.01 at the time of delisting, so not necessarily an apples to apples comparison, but this is a good example of why I might regret my decision some day.

Still, I got my $8,000 out and invested now, and for the next ten years........

lscfa wrote:

Real world example of holding onto cease traded delisted shares...

Specialty Foods Group Income Trust (ham.un)

Dec 18/03 - buy 1,000 units $6,620

May 13/04 - buy 800 units $4,029

Apr 09/07 - buy 52,000 units $3,529.99

Total cost = $14,178.99 (in RRSP)

Stock was delisted, forgot about it, reorg in courts for years

Mar 8/17 - distribution paid out $47,713.98

Jan 29/20 - distribution paid out $93,612.00

Compound annual average return of 17.6% for 16 years!

Londondriveguy wrote: If not, why do they keep them listed in our accounts?