Ventura Cannabis and Wellness Corp. (CNSX:VCAN) entered into a binding agreement to acquire a cannabis dispensary in Oakland, California for $1.7 million on June 10, 2019. The dispensary will be added to the network of dispensaries in California that Ventura Cannabis has acquired, pending close. The management will retain operational control of the dispensary. Closing of the acquisition is subject to a number of customary conditions, including receipt of all required regulatory approvals. Ventura Cannabis and Wellness Corp. (CNSX:VCAN) cancelled the acquisition of cannabis dispensary in Oakland, California on June 10, 2020.