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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

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Post by Tuckerbear31 on Nov 25, 2020 6:06pm

Vibe shares

I have a question and wondering if someone has an answer. Is there a legal time limit that they have to provide us with thvibe shares and does the six month hold on our shares start on October 30 or from the date we actually receive the shares 

thanks.
Comment by BigDaddy13 on Nov 25, 2020 7:19pm
October 30th was the record date, so 6 months from then 
Comment by lscfa on Nov 25, 2020 8:25pm
2 distributions of vibe Shs/Wrts., 2 closing dates.     Sept 16 and Nov 9.     Clock starts ticking from there I assume.  
Comment by Alternative33 on Nov 26, 2020 6:43am
Terms of the Transaction In connection with the Transaction, Vibe has acquired the issued and outstanding shares of Portland for C$1,889,040 in an all-share transaction based upon Vibe's 30-day volume-weighted average price ("VWAP") of C$0.607 per share. The Company has assumed the lease obligation for the Portland dispensary, cash of $1.2 million (CAD) and existing inventory ...more  
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