Ventura Cannabis and Wellness

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Market Cap:
$8.92 m
0.25 CAD
52 weeks high
52 weeks low

In brief

Ventura Cannabis and Wellness (VCAN) 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 significant segments in the U.S. cannabis and CBD market with products suited to their needs: senior citizens, upwardly mobile middle-aged professionals and individuals suffering from addiction. These segments desire discrete and well-designed products as well as the accurate dosage of THC. The Company launched into the cannabis industry after a shareholder vote in April 2019 approving the change in business from addiction treatment to cannabis.

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The cannabis company's strategy is to focus solely on the massive California market, where it plans to establish a network of dispensaries with owner-operators