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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

Comment by Trooperhoboon Feb 17, 2021 7:41pm
168 Views
Post# 32591816

RE:RE:Warrants

RE:RE:WarrantsBubba....I don't think these warrants are tradeable.  That decision was made at the time the transaction occurred (which was approved at the special meeting).  On page10 of the VCAN shareholder notice, it says the warrants are in place for 12 months, and are " non-transferable" except for the company to transfer to sharehodlers.  So, to me this means, the only option is to exercise the warrants - your point C).  VIBE warrants are priced I think at about 60 cents, so at today's price, if you have the cash, that is 38 cents profit.

If board members with Questrade, have these warrants in thier accounts, can they contact their broker and ask this question to confirm (or not) my understanding.


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