WCVC Cannabis Edibles Stock Undervalued At $0.07 With Comparable At $0.20

June 14, 2019 -- InvestorsHub NewsWire -- via www.nextbigticker.com -- Yesterday, West Coast Venture Group, Corp. (OTCBB: WCVC) published a shareholder letter in a press release that included conventional restaurant comparable valuations. WCVC is the owner and operator of Illegal Burger operating in cannabis friendly Colorado and introducing their very own cannabis infused menu. WCVC is a fully reporting company with audited financials reporting over $3 million in annual revenue. On conventional market comparable valuations alone, WCVC can support a $0.20 PPS. Mix in the cannabis valuation factor and that PPS could go much higher.

Market Comparable Valuation Segment From WCVC News Published Yesterday

It is important to also note that the indicated $.20 market comp price, is expected to be substantially higher than conventional restaurants because WCVC growth from CBD edibles has the potential to be several orders of magnitude higher than simply being a fast food enterprise. West Coast Ventures Group owns the fast-growing “Illegal Burger” franchise chain and the Mexican Restaurant chain , “El Senor Sol” that are pioneers in the cannabis edibles industry and is positioned to garner a substantial market share in a booming industry.

Company Sales                                        Market Cap

Shake Shack (SHAK)                   $492,000,000                           $2,370,000,000
FAT Brands (FAT) $19,000,000                             $48,000,000
Jack in the Box (JACK)                $872,000,000                           $2,230,000,000
Wendy’s (WEN) $1,300,000,000                         $4,600,000,000
Rave Restaurant Group $12,000,000                             $44,000,000
Dunkin’Brands (DNKN) $1,340,000,000 $6,500,000,000
Chipotle (CMG) $5,000,000,000 $19,600,000,000
TOTAL $9,035,000,000                         $35,392,000,000

The average share price ratio to sales for this group is 3.91 to 1.

WCVC reported 2018 sales of $3,054,623. The current ratio of 3.91 times $3,054,623 equals a fair market comp price for WCVC of slightly over $.20 and does not give any weight to the fact that they are a new venture with an unsaturated high growth market. We will save forecasting price projections for those better suited to the task, but for now it is clear that WCVC shares are an exceptional bargain at anything under $.20.

So far WCVC’s cannabis infused menu has been focused on CBD infusions. WCVC has been experimenting and exploring cannabis infused menu items, the resale of other cannabis infused products such as EVERx CBC Sports Water from Puration, Inc . (PURA) and an ongoing partnership with North American Cannabis Holdings, Inc. (USMJ) to introduce a Cannabis Themed Food Truck targeting dispensary parking lots.

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Disclaimer/Safe Harbor:

This news release contains forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the Company's current views with respect to future events that involve risks and uncertainties. Among others, these risks include the expectation that any of the companies mentioned herein will achieve significant sales, the failure to meet schedule or performance requirements of the companies' contracts, the companies' liquidity position, the companies' ability to obtain new contracts, the emergence of competitors with greater financial resources and the impact of competitive pricing. In the light of these uncertainties, the forward-looking events referred to in this release might not occur.

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