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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 brentski99on Sep 11, 2020 7:19am
139 Views
Post# 31541114

Taken over by a company at their all time high....

Taken over by a company at their all time high....And our all time low. Heath has stated on numerous occassions that we were cash flow positive and our burn rate was slow and we could hang on for years. Check the press releases and MDNAs. What has changed suddenly? There is probably something going on under the table with Vibe that will enrich Heath and Kaplan and rip the rest of us off. The story has changed completely all of a sudden. Thses guys are worn out and want out on their terms. Lets kick them out and replace them while there is still money in the bank. Imagine having to pay 1.2 million in cash to get rid of your best assets which we were told was cash flow positive. I am sure we could do a lot better than that. Vibe shares and warrants are a joke - especially when you are doing a deal at their all time high and we are at an all time low. In reality we are just buying share in Vibe. That is all and that is a joke. A few month ago VCAN looked better than VIBE.. 
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