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.

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Ventura Cannabis and Wellness Corp > Consideration Shares

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Comment by lscfaon Oct 21, 2020 12:15pm

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Post# 31755341

RE:RE:RE:RE:Consideration Shares

More Chris Heath BS. I doubt we got $401,369. the vwap was never at $0.60.

The Vibe NR said $333,360.

$333,360 /669,398 = $0.498 vwap
$401,369 / 669,398 = $0.60 vwap

TheProphetElijah wrote: What about the 'mechanism':

The original Cathedral deal was for $333,360 but ended up being for $401,369 since the price increased since the deal was announced - a 20% increase.

Then Heath said: "The second tranche, announced August 31 2020, which has been reported to be $1,889,040, has the identical mechanism as the first tranche for re-pricing and warrants."

So 20% increase on $1,889,040 would be $2,266,848 - no?