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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 dileas48son Mar 01, 2021 2:53pm
96 Views
Post# 32687193

RE:RE:RE:ODYSSEY

RE:RE:RE:ODYSSEY
I agree with the six month hold related to the final deal.  I do not believe this applies to the first tranche, as that was determined to be a dividend, but I could be mistaken.

Having said that I do not believe these dates determine "when you will see your VIBE shares".  True, you cannot trade them until the hold has expired, but many members of this board have claimed to have received their shares, while many have not, and that is the issue at hand.  Why is it that some have received their shares, and some have not? And more importantly, when those that have not received their shares call their brokerage they seem to have no idea about this.

This is the concern that I and many other shareholders have, and while May 10 still seems a long way off, I prefer to get some immediate reassurance that I will, in fact, "see my VIBE shares".


RouxJMM wrote:
EDIT- the deal closed on the 10 Nov.  So 6 months hold period is 10 May.

RouxJMM wrote: There's a six month hold period before shares of VCAN are converted to VIBE.  1st of April is when you will see your VIBE shares.

https://www.globenewswire.com/news-release/2020/08/31/2086021/0/en/Ventura-Cannabis-VCAN-Signs-Agreement-to-Sell-Oregon-Dispensary-and-Calls-Special-Meeting-of-Shareholders.html




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