Bullboard - Stock Discussion Forum 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... see more

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GREY:CVHIF - Post Discussion

Ventura Cannabis and Wellness Corp > NEWS OUT VCAN

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Post by Invediz on Aug 30, 2020 7:02pm

NEWS OUT VCAN

around 15% dividend from the sale if i understand correctly + options

197

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Comment by Trooperhobo on Aug 30, 2020 7:18pm

Looks to me they are winding up business..may see a halt tommorrow and more news on the assets. Very strange to announce on a Sunday afternoon.

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Comment by kalareta on Aug 30, 2020 7:24pm

That is strange. Do you think it is good time to buy now?

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Comment by lscfa on Aug 30, 2020 9:01pm

At least now we have options in a co. doing $5 mil US /qtr in revenue.

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Comment by TheProphetElijah on Aug 30, 2020 9:40pm

Agreed. This brings out more value then the nothing or less than cash valuation we are currently getting.

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Comment by TheProphetElijah on Aug 30, 2020 9:52pm

Question is what next? Does this affect Kush Rush, Amerlights? New strategic direction coming?

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Comment by BigDaddy13 on Aug 30, 2020 9:57pm

Are we to expect a follow up nr tomorrow?

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Comment by TheProphetElijah on Aug 30, 2020 10:20pm

Can't go wrong with another $300K in the bank. But more importantly hopefully it's the start of something, rather than the no direction nothing. Maybe insurance settlement coming too?

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Ventura Cannabis and Wellness Corp