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Ventura Cannabis and Wellness Corp CVHIF

Healthcare Drug Manufacturers - Specialty & Generic
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

Ventura Cannabis and Wellness Corp > VCAN: down 7.69%
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Comment by Pleasegoupon Aug 31, 2020 4:19pm
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Post# 31480930

RE:RE:VCAN: down 7.69%

RE:RE:VCAN: down 7.69%
If we are receiving in total, $2.2MM worth of VIBE shares at 30-day avg of $0.36 per share that means approx. 6,111,111 VIBE shares distributed to VCAN holders. With around 37MM VCAB shares outstanding that would mean roughly 1 VIBE share for every 6 VCAN share we currently own? Is this calculated correctly? Please correct me if I'm wrong.
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