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Bullboard - Stock Discussion Forum 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... see more

GREY:CVHIF - Post Discussion

Ventura Cannabis and Wellness Corp > Not even close to getting 66 2/3 % approval!
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Post by brentski99 on Sep 11, 2020 7:00am

Not even close to getting 66 2/3 % approval!

They will probably esign and just walk away. Who is willing to step and carry on building our Cannabis dream? USA Cannabis market is going to be huge stock market win for investors. I really thought we would have been part of it in a big way. Not in the miniscule fashion that we are now asked to vote on.

Shareholders should know all the facts, figures and options available to clean up all of these so called contingent liabilities that were never disclosed properly and now have all of a sudden popped up and are killing the company. We want full disclosiure and details now so as we can make an informed decision when voting. He is basically again asking us to take his word for it. After concealing everything from us now for years. How can you trust someone like this again? I think a receiver should be appointed asap. We seem to be at the end of the line and I do not trust the deal they have cooked up with Vibe. It appears t obe another non arms length insider deal and I am afraid this whole thing stinks to high heaven as we still have no proper disclosure on what is really going on behind closed doors.
Comment by dileas48s on Sep 11, 2020 7:18am
The fact remains that we are unlikely to get any other offers, or better management to step in and takeover this clown show.  I see no reasonable alternative than to vote yes and to move on from the second dumbest mistake of my life. That PR last night makes it very clear what the situation is today and there ain't no way to make that pile of cr@p smell any better.     ...more  
Comment by brentski99 on Sep 11, 2020 7:24am
Cannot get a better offer for our cash and profitable pot shop? Give me a break. We have to accept overpriced shares and pie in the sky warrants in exchange for our cash and highly touted and profitable pot shop? Where is he going to get the 2/3rds majority to get this passed? Not in my lifetime.