We had it all... .....
Ventura holds a Type 6 manufacturing cannabis license for adult and medical use located in the San Francisco Bay Area with an open plan 700 square foot facility.
It holds a state-wide Type 11 distribution cannabis license for adult and medical use.
It has developed an initial vape brand and has a limited inventory in place. All of these California assets have tremendous revenue potential when fully operational.
In Oregon, Ventura has a strong revenue generating, luxury retail dispensary for adult and medical use located in a high traffic section of Portland, Oregon.
It also has an opportunity to acquire a processing and wholesale license that is in final stages of transfer.
“I continue to be proud of the accomplishments from the Ventura team over the past year, which has included disposing of the rehab division, while simultaneously launching and operating a cannabis business,” continued Mr. Heath. “In the span of just over 12 months, the team has been able to create an attractive suite of cannabis assets in a cost effective manner, while efficiently disposing of the rehab businesses, in a deteriorating industry where many of its past competitors could no longer operate. Every day we think about how to use our assets, which include cash and valuable cannabis operations and licenses, to maximize shareholder value.”