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Vapen MJ Ventures Corporation C.VAPN

Alternate Symbol(s):  VAPNF

"Vapen MJ Ventures Corp through its subsidiaries operates as agricultural technology, services, and property management company in Canada. It utilizes an integrated business model to oversee and execute all aspects of cultivation, extraction, manufacturing of THC products, CBD products, Vapen kitchens, Flower products, and accessories. The company provides management, advisory, cultivation, and dispensary services to not-for-profit entities in the medical marijuana field."


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Latest Bullboard Posts

RE:RE:Strategic Move at Vapen MJ

{^youtubevideo|(width)425|(height)264|(rel)False|(url)https://www.youtube.com/watch?v=axMav0_pMwo|(fs)True|(loop)False|(autoplay)False^}
MSGHEREGUY - 3 hours ago

RE:Strategic Move at Vapen MJ

{^youtubevideo|(width)425|(height)264|(rel)False|(url)https://www.youtube.com/watch?v=Etq5kBEU05Q|(fs)True|(loop)False|(autoplay)False^}
MSGHEREGUY - 12 hours ago

Strategic Move at Vapen MJ

ICYM l https://cutt.ly/geooRNh
TedLeclerc54 - 4 days ago

RE:RE:RE:This is going to be big

there expansion plans include partnering with cannabis licence holders and hemp farms in multiple states within the United States with...
zeropointenergy - October 1, 2019

RE:RE:This is going to be big

cheap paper coming out.. target  50 cents or less. 
bullmarkets - September 29, 2019

ANNOUNCES CANNABIS THC EXTRACTION AND PRODUCTION PARTNERSHIP

GLTA! https://ryghub.com/2019/09/vapen-mj-announces-cannabis-thc-extraction-and-production-partnership-in-oklahoma/
RYGnews1 - September 26, 2019

follow Vapen MJ

Investors Group

FINANCIALS

Investment Opportunity:
  • Based out of Arizona - CEO bootstrapped and self financed for beginning years around 2012. Won lottery to receive license.
  • Tight share structure with about 75mm I/O, most of which is restricted for 3 years.
  • Very strong social following and celebrity influencers (unpaid for)

  • Profitable:
  • Gross rev increased from US$4.4mm in q1 2018 to US$6.5mm in q1 of 2019.
  • Net income increased from US$1.1mm in q1 2018 to US$1.7mm in q1 2019.
  • Gross Rev in 2018 was over US$18mm with an EBIDTA in excess of US$6mm

  • Expansion:
  • Have announced partnerships in Kentucky and Las Vegas. Kentucky expected to generate approx. CAD$24mm in wholesale refined CBD. Las Vegas obviously one of the biggest markets, currently under LOI.
  • Many other states currently in discussions.

  • Strategic partnership details are important to note as Vapen is partnering, and not acquiring to expand. This is obviously less capital intensive for the company.


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