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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

Comment by foghaton Oct 28, 2015 10:33am
177 Views
Post# 24234061

RE:strong operational cash flow to launch into new markets

RE:strong operational cash flow to launch into new marketsCXV didn't mention this in today's release, but from earnings preview there are a couple of pods that should be contributing to revenue very soon.

"We have systematized our growth plan, bolstered our executive team and have visibility into the next few years of our business. We have launched our second pod in West Los Angeles and expect to launch our third pod in San Francisco very soon. I expect the impact of these investments to be reflected in next quarters financials."
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