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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 LAMBOon Jan 28, 2019 10:34am
176 Views
Post# 29288741

RE:RE:RE:HUGE NEWS!

RE:RE:RE:HUGE NEWS! yes the news did not hit all the sources...some volume coming in now... conference call later

even after the acquisitions, still cash left

“After accounting for our current cash, the cash needed for the closing of the acquisition targets under LOI, and finally the incoming cash from the sale of the outpatient businesses, we will still have a very strong cash balance of over eight million dollars after these acquisitions. We plan to use that cash for further acquisitions and organic growth. We also have the benefit of monthly cash flow and a strong asset base, including real estate assets. This gives us a strong platform for growth going forward and is another step closer to delivering value for shareholders. As a new and significant shareholder of BLVD, I look forward to sharing in the company’s success.”
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