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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 DashForCashon Jul 06, 2017 11:04am
85 Views
Post# 26439580

RE:Somewhat disappointed

RE:Somewhat disappointedI understand some of your questions and they are fair to ask. In saying that, I think many on here have unrealistic expectations for this call. I think it will be general "macro" guidance. I think it will form a step forward in communication - as promised - and set a precedence for calls in the future which is a good thing. I do not expect anything material to be announced at all, but there will or should be discussion on expansion and it can be captured, verbally, without triggering a material release. Something along the lines of "we expect to announce expansion in late Q2 that will reflect our expectations for top line revenue growth in Q3 and Q4 as previously indicated to the market." That covers it without specific locations or dates attached. As it relates to your comment about "continued profitability has been put into question" - I am totally puzzled as to how you would see that. I could be wrong to be clear, but the indication already made to the market that Q2 will show more profit is something I totally believe with the new plan fully rolled out. Then, with likely announced expansion "whenever and wherever," we will see revenue growth as indicated to the market for Q3 & Q4 and then continued growth in profits. This all appears exceptionally clear to me and I am anything but a pumper optimist - I will criticize when I see fit and compliment when it makes sense as well. I am in the compliment stage at this point for what I have seen from Heath in such a short period of time...it can take a LOT longer to turn a company around - this has been at lightening speed in my opinion. And, yes, I thought the share price would be higher than it is right now as well. Having said that, I did not expect to see such a brutal Q4 - however - I love the conservative call on the A/R write down - smart move in my opinion. Those are my thoughts and anyone can agree or disagree.
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