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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 STOCKMAN70on Oct 19, 2016 10:22pm
78 Views
Post# 25364056

RE:@ MAS - Financial Q

RE:@ MAS - Financial QI agree we can expect a negative cash flow quarter at next earnings. I personally am looking to see that they are filling up the capacity at the new centres and reducing staffing costs based on the amount of service they can provide from the revenues they are actually receiving from insurers. They would have announced any recoveries from the insurers if there were any by now (unless something is resolved in the next couple of weeks before earnings which would be a nice bonus), so,they will likely increase the balance sheet provision. If the monthly cash burn is getting close to break even I will likely add more to my position. A,couple of weeks we will know a lot more about management's ability to do their jobs! 
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