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 > Warrants

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Comment by dileas48son Mar 25, 2021 9:26am

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Post# 32874198

RE:RE:Warrants

First you arrange with your broker to exercise the warrants. This means you are going to pay the $0.60 or $0.62 per share depending on the tranche. That money goes to VIBE - they are issuing new shares to you at the warrant price.

Keep in mind if the warrants are in your TFSA or your RSP you have to have the cash in those accounts to make the purchase. For some, if the cash is not there, that means selling something, or adding new money if they have the contribution room.

Once the shares are in your account they are yours.

I am not sure if shares acquired through warrants are subject to any mandatory hold period. If not, you could sell them immediately for a decent return.

ISCFA might know that.