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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 Xiawen13on Nov 02, 2016 10:36am
129 Views
Post# 25415203

Have you guys seen this? From Q2 MD&A

Have you guys seen this? From Q2 MD&A"The Company has sufficient cash on hand to continue to support its expansion plans and meet its contractual obligations, and expects to generate positive operating cash flow in the second half of fiscal 2017."

For the bashers: second half of fiscal 2017 means right now as we speak.  

Am I reading this right?  CXV isnt only suggesting a positive Ebitda, but positive cash flow as we speak??

I honestly dont understand.. Press release is talking about finishing soon Licensing and stuff, they talked about money starting to flow in two Q after launch, but here in MD&A they are saying that they are MAKING MONEY NOW??

Comments welcome
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