Ventura Cannabis (VCAN) Announces Completion of California Manufacturing and Distribution Center

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Summary

Ventura is now a fully integrated California vaping product company with the ability to expand into the edible, pre-roll and extraction market if the opportunity presents itself. The first THC vaping product will be available for sale as early as June 2020. LOS ANGELES, CA / ACCESSWIRE / April 9, 2020 / Ventura Cannabis and Wellness Corp. (VCAN.CN) (“Ventura Cannabis”, “VCAN”, or the “Company”) is pleased to announce it has secured all necessary steps to launch its California THC vaping product, including regulatory approvals and a manufacturing and distribution location in Santa Rosa, California. Therefore, the funding that drives any serious revenue growth in any cannabis company continues to be from capital markets rather than internally generated cash flow or debt. Management is currently reviewing sales and marketing options in an effort to balance the investment in revenue growth against cash flow burn.

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As we note below .. why would launching a THC Vape product in the middle of a pandemic with a virus that attacks the lungs be a good business move ? Throwing the word “Wellness” in your name just takes the madness of the whole venture to the next level.

LOS ANGELES, CA / ACCESSWIRE / April 9, 2020 / Ventura Cannabis and Wellness Corp. (VCAN.CN) (“Ventura Cannabis”, “VCAN”, or the “Company”) is pleased to announce it has secured all necessary steps to launch its California THC vaping product, including regulatory approvals and a manufacturing and distribution...

Read the full article @ Cannabis Law Report