Ventura Cannabis and Wellness Corp (OTCMKTS:CVHIF) posted substantial earnings in 2020. Its cash balance as of February 29, 2020, is $3.9 million.
In California, Ventura Cannabis possesses a type 6 license for manufacturing medical use and adult-use cannabis on 700 SQ. Ft. facility in San Francisco Bay. It also possesses a type 11 distribution license for medical use and adult-use cannabis statewide. The company also holds a significant stake in a Sacramento based delivery only AUDL (adult-use dispensary license).
Sacramento, CA-based premium delivery service – Kush Rush serves the population in the greater Sacramento and adjoining areas. Kush Rush is credited with a reputation for high quality, discrete delivery, and incredible customer service.
Kush Rush offers a variety of products at competitive rates by employing highly qualified operators. Even couriers are trained to provide reliable information about high-quality products of Venture Cannabis to the customers.
Recreational marijuana dispensary – Amberlight Cannabis based in the Richmond neighborhood provides excellent customer service in a friendly and clean environment. Customers can get personalized experience in selecting concentrates, edibles, and accessories.
Significant revenue potential
Ventura Cannabis expects to generate significant revenues when assets, including vape brands in California, are fully functional. The company also holds a retail dispensary for medical and adult-use cannabis in Portland, Oregon, to generate considerable revenues.
CEO of Ventura Cannabis, Chris Heath, said its team played a vital role in introducing high-quality cannabis assets in challenging market conditions in Oregon and California in a short period. It helped the company to maintain a strong balance sheet.
Focuses on underserved segments
Ventura Cannabis focuses on underserved and large segments in the US cannabidiol and cannabis markets to serve female professionals aged above 40 years, males, and senior citizens also those with addiction.
Ventura Cannabis provides CBD and cannabis products in a precise dose to the patients in the US to cure addiction. The market for medical marijuana and recreational marijuana in the US expects to reach $13.22 billion and $10.86 billion by 2025. Global demand for legal cannabis expects to reach $45 billion by the year 2027 from $12 billion in 2018.
3 Big Biotech Disruptors For 2021
Post Views: 21,239
Post Views: 69,488 CBD market growth over the next ten years will outpace marijuana growth by more than 30-to-one By...
Stem Holdings Inc (OTCMKTS:STMH) Reports A Growth Of 960% In Q3 2020: Unveils TJGardens Branded Tinctures
Post Views: 1,392 Stem Holdings Inc (OTCMKTS:STMH) posted an increase of 960% YoY to $6.7 million in Q3 2020. It...
Indiva Ltd (OTCMKTS:NDVAF) Signs Three Provincial Agreements: Expands Distribution Network To Eight Provinces: Reports A Robust Growth Of 1273.7% In Q2 2020 Revenues
Post Views: 1,314 Indiva Ltd (OTCMKTS:NDVAF) posted a robust growth of 1273.7% YoY to CAD 2.826 million in revenues in...
4Front Ventures Corp (OTCMKTS:FFNTF) Receives Approval From CCC For Mission Dispensary and Cultivation Facilities In Worcester: Will Commence Adult-Use Cannabis Sales
Post Views: 1,323 CCC (Cannabis Control Commission) in Massachusetts approved cultivation and processing facilities and Mission Dispensary of 4Front Ventures...
Pure Sunfarms, A Joint Venture Of Village Farms International Inc (NASDAQ:VFF), Ships Bottled Oil Products TO British Columbia
Post Views: 1,425 Pure Sunfarms, which is a Village Farms International Inc (NASDAQ:VFF) JV, commenced shipment of Cannabis 2.0 products...