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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

GREY:CVHIF - Post Discussion

Ventura Cannabis and Wellness Corp > Only one month later...
View:
Post by TheProphetElijah on Sep 25, 2020 9:19am

Only one month later...

......

is pleased to announce it has entered into a definitive agreement to sell Cathedral Asset Holding Corporation (“CAHC” or “Cathedral”) and its distribution and manufacturing assets in Santa Rosa, California to Vibe Bioscience Ltd. (CSE:VIBE) (“Vibe”).

is pleased to announce it has entered into a definitive agreement to sell Portland Asset Holding Corporation (“PAHC”, “Portland”) and its cannabis retail dispensary in Portland, Oregon to Vibe Bioscience Ltd.
  • Vibe acquires operating retail dispensary in Portland, Oregon
  • Vibe receives $1.2 million cash and working capital
Why didn't they just title the PR VCAN pays Vibe to take asset off their hands asap just as sector is bound to turn.
Comment by WinnersRide on Sep 25, 2020 10:56pm
There were red flags here all along.
Ventura Cannabis and Wellness Corp
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