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 > Nothing showing up on TD Waterhouse yet.

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Comment by brentski99on Nov 17, 2020 2:45am

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Post# 31912497

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

dileas48s wrote:
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.

Good way to keep the dream alive, ward off potential creditors and litigants from moving ahead with anything. The bones have been picked clean. A pink sheet listing is valuable as long as the company doesnt go through disolution. A year or two down the road and the whole ballgame can change. And don't kid youself - the shares can be traded and things can come alive with a promoter in place. This ain't over yet imho. My previuos life experience for a short time was as a CEO of a compay that traded on the OTC. Much bigger market down south. Even on the Pink sheets. YThere will be companies rising from the dead on the pinks now that there is a pro - doper government in the good old USA.

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.

ssyringa wrote: I'm on RBC and it shows shares of CVHIF @ .0197 anyone else have any info??