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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 FixedIncome12on Jun 29, 2018 1:49pm
121 Views
Post# 28252661

I really dont like the whole revenue recognition for Q4

I really dont like the whole revenue recognition for Q4Looks like straight up accounting manipulation IMO... especially with chris recent comments about the broken business model and reducing revenues. I think revenues dropped significantly and they are trying to cover up. The whole nitin story sounds like a diversion or a desperate move IMo considering selling and buying back cheaper. The MJ hype is fading on top of that. Glta
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