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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 paljoeyon Apr 14, 2018 8:41am
174 Views
Post# 27884474

RE:Still some low volume

RE:Still some low volumeIts very close to announcement of details.
The cheapest MJ stock without current sales is about $75 million or about 4 times the current market cap with an existing profitable business with sales of nearly $40 million with strong growth profile.

Price to sales multiples for MJ stocks currently are in excess of 50 times sales.
Even $5 million in MJ sales will have a big impact on CXV's market cap.

I dont see any downside risks at the current price.
With ready made dispensaries available, a 5 fold gain might be possible in a very short time frame.
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