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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 Alexisvigeron Aug 02, 2016 9:57pm
229 Views
Post# 25104731

growth rate is exceptional

growth rate is exceptionalEvery good accountan will hold on to their shares, only the amateur will sell tomorrow morning. This is one of the industry with the best gross margin I have ever seen. There were so many pods openned during the quarter that DID NOT contribute to revenue (but their expense did contribute to the loss). Bottom line, it is normal for a company in growing phase to post accounting loss and spend its cash to grow, only good signs for me.
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