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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 TaDa123on Sep 11, 2020 4:28am
117 Views
Post# 31540985

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Vcan update.

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Vcan update.Sorry, that looks awful, trying again.

From what I understand, could be wrong.

*Big assumption that we will get 20% premium pricing adjustment for tranche 2
               
*Too many unkown variables right now, it all depends on what Vibe share price does until Oct 24
               
*Depending on the Vibe share price, the warrants could have a lot of value
               
How long we have to hold?                
How are the warrants distributed? First come first serve?
               
For the "Premium pricing adjustment", the VCAN press release says $401,369.00 but the Vibe press release says $333,360.00. Which one is it?
             

VCAN share count 37,039,999        
           
Tranche 1          
Initial amount $333,360.00        
Premium pricing adjustment (~20.4%) $401,369.00        
VWAP to Sept 10 $0.48        
           
We get:          
Vibe shares 836,185        
Warrants 800,000        
Warrants price $0.60        
           
Tranche 2          
Initial amount $1,889,040.00        
Premium pricing adjustment (assuming 20%) $2,266,848.00 assumption      
VWAP to Oct 24 (assumption) $0.48 $0.60 $0.65 $0.70 $0.75
           
We get:          
Vibe shares 4,722,600 3,778,080 3,487,458 3,238,354 3,022,464
Warrants 1,200,000        
Warrants price TBD        
           
Total          
We get:          
Vibe shares 5,558,785 4,614,265 4,323,644 4,074,540 3,858,649
Warrants 2,000,000        
           
VCAN valued at (excluding the warrants)          
Vibe share price \ VWAP to Oct 24 (assumption) $0.48 $0.60 $0.65 $0.70 $0.75
$0.50 $0.0750 $0.0623 $0.0584 $0.0550 $0.0521
$0.55 $0.0825 $0.0685 $0.0642 $0.0605 $0.0573
$0.60 $0.0900 $0.0747 $0.0700 $0.0660 $0.0625
$0.65 $0.0975 $0.0810 $0.0759 $0.0715 $0.0677
$0.70 $0.1051 $0.0872 $0.0817 $0.0770 $0.0729
$0.75 $0.1126 $0.0934 $0.0875 $0.0825 $0.0781

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