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 > Nothing showing up on TD Waterhouse yet.

<< Previous

Bullboard Posts

Next >>

Comment by dileas48son Nov 16, 2020 6:01pm

152 Views

Post# 31911292

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Nothing showing up on TD Waterhouse yet.

Since the VCAN symbol, and CSE listing has been retired, the shares are now listed on the "Pink Sheets". There is virtually no interest as these shares are essentially worthless. These shares are simply your "old" VCAN shares. Mine have shown a value everywhere from $0.025 to $0.0044 (where they sit today). These shares have nothing to do with the VIBE shares that you will eventually receive (other than to serve as a means of validating the calculation of the VIBE shares you should get).

Keep in mind this is US valuations (not that 44/100ths of a cent means much, but it can be confusing).

On my own spreadsheet where I track my investments I have just eliminted VCAN altogether and done the calculations to determine how many VIBE shares I'm expecting.

Since these CVHIF shares are essentially untradeable, I believe only the broker can remove them from your account. Having said that, as others have pointed out there may be some value left to distribute (I think it's unlikely), and also there is the potential for the tax loss to be "consumed" by an interested party (Also unlikely), so for me I'm just ignoring these shares for now, but at some point in the future I'll ask my broker to get rid of them.