Ventura Cannabis and Wellness (Ventura Cannabis and Wellness) Tax Rate % : 0.00% (As of May. 2020)

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What is Ventura Cannabis and Wellness Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Ventura Cannabis and Wellness's Tax Expense for the three months ended in May. 2020 was $0.00 Mil. Ventura Cannabis and Wellness's Pre-Tax Income for the three months ended in May. 2020 was $-0.62 Mil. Therefore, Ventura Cannabis and Wellness's Tax Rate % for the quarter that ended in May. 2020 was 0.00%.

Ventura Cannabis and Wellness Tax Rate % Historical Data

The historical data trend for Ventura Cannabis and Wellness's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Ventura Cannabis and Wellness Tax Rate % Chart

Ventura Cannabis and Wellness Annual Data

Trend

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Tax Rate %

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-1.40

Ventura Cannabis and Wellness Quarterly Data
	May15	Aug15	Nov15	May16	Aug16	Nov16	Feb17	May17	Aug17	Nov17	Feb18	May18	Aug18	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20
Tax Rate %	Get a 7-Day Free Trial															-	-	-	-	-

Ventura Cannabis and Wellness Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Ventura Cannabis and Wellness's Tax Rate % for the fiscal year that ended in Feb. 2020 is calculated as

Tax Rate %	=	Tax Expense (A: Feb. 2020 )	/	Pre-Tax Income (A: Feb. 2020 )
	=	0	/	-1.772
	=	0.00 %

Ventura Cannabis and Wellness's Tax Rate % for the quarter that ended in May. 2020 is calculated as

Tax Rate %	=	Tax Expense (Q: May. 2020 )	/	Pre-Tax Income (Q: May. 2020 )
	=	0	/	-0.622
	=	0.00 %

Ventura Cannabis and Wellness Tax Rate % Related Terms

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Ventura Cannabis and Wellness (Ventura Cannabis and Wellness) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Ventura Cannabis and Wellness Corp (OTCPK:CVHIF) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

800 W. 6th St, Suite 1415, Los Angeles, CA, USA, 90017

Website

http://www.venturacanna.com

Ventura Cannabis and Wellness Corp 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 segments in the U.S. cannabis and CBD market with products suited to their needs: senior citizens, upwardly mobile middle-aged female professionals, upwardly mobile middle-aged male professionals and individuals suffering from addiction. These segments desire discrete and well-designed products as well as the accurate dosage of THC.