Ventura Cannabis and Wellness (CSE: VCAN) is a vertically integrated, California based, cannabis products company and publicly listed on the Canadian Stock Exchange. Ventura Cannabis is focused on addressing large and underserved segments in the U.S. cannabis and CBD market: senior citizens, upwardly mobile male and female professionals over forty, and individuals suffering from addiction. These segments desire discreet and well-designed products offering accurate dose control. The Company entered the cannabis sector in April 2019 following an overwhelmingly supportive shareholder vote.
Jefferies cannabis analyst expects the global legal cannabis industry to grow from $12B (retail sales) 2018 to $45B 2027 ($17B medical, $28B recreational).