Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Lotus Ventures Inc C.J

Alternate Symbol(s):  LTTSF

Lotus Ventures Inc. is a Canada-based licensed cannabis producer and owner of the Lotus Cannabis Co. brand. The Company primarily cultivates cannabis flowers, which are sold in the wholesale, recreational, and medical markets across Canada. The Company owns and operates a 22,500 square foot indoor cannabis production facility in Armstrong, British Columbia and holds the licenses for cultivation and sale of cannabis in Canada. It has grown several cultivars, including the Keylime Kush, Black Blossom, Tranquil Elephantizer, and Kalifornia. Its Keylime Kush recreational portfolio includes 3.5 gram flower, 14 gram flower, and 3 x 0.5 gram pre-rolls. The Company sells its flagship product, the Keylime Kush, to over 300 retail stores across British Columbia and Ontario.


CSE:J - Post by User

Bullboard Posts
Comment by AngusHungon Apr 16, 2019 4:33pm
84 Views
Post# 29635619

RE:RE:RE:RE:when are they going to start growing?

RE:RE:RE:RE:when are they going to start growing?I do belive a public forum is a better way too have these questions answered.  As I am not the only concerned invester at this point.  I do appricate you reaching out in your non prefered method.
As far as all the answered questions just a few more clarifacations wouuld be great.
Question 1It truly blows my mind that they have not got any plants growing yet? what in gods name are they waiting for? Answer: We would like to grow something proprietary and unique to a market that is going to become oversaturated over the next few years. We have internal market data with info on every strain that has been in the BC market since October 17th. We are making data-driven decisions on what to grow to give us a long term competitive advantage.
So when is there going to be plants growing? they have been at this for over 3 years and are still not sure what they want too grow?

2 : They have not said anything about these high-quality strains they plan on growing? do they have access to strains that no one else does? Answer: Wouldn't that be sweet?! 
Yes that would be sweet? but what is the fact? do they or dont they?

3     Or are they on the internet right now searching for high quality strains? Answer: Ever heard of BC bud? With our new website and consumer-facing brand we would like to change the conversation from corporate management to the true industry talent. Carl, our Master Grower, head grower, QA and QC are all very experienced and are the focal point to our team. We'll make this more clear moving forward.
Well lets move forward? yes iv heard of BC BUD? is that the marketing play? Iv yet to see the new web site, when is it going live? And I understand why the conversation change is wanted from corporate to the talent?

4  
. I wonder what they have been doing all this time? other then getting paid for nothing? Answer: Did you know we got our cultivation license in 3 1/2 weeks from submitting our evidence package? Pretty good for doing nothing. Anyways, they have been a huge part in our standard operating procedures, sourcing the proper equipment, feedback on strain selection. A lot more too.
im sure David Hyde didnt have anything to do with the evidence package being recived so well. 
The one time in the past 3 years that things have run smooth and a 
professional was at the helm, fuunny that. I would of thought the SOP would have been done years ago? and were still waiting on strain selection? so you all better keep smoking till they find something good

5. We havent heard much or anything more about there farming partners out east? have they started building? Answer: We'd like to see how everything works in the initial facility before starting the buildout with farming partners. Always the potential for improvement on future buildings so we've taken a realistic approach vs forward-looking estimates that look good for a stock price and may not come to fruition.
How every thing works? im sure it will work as designed? is this the first grow desing these guys have done?  how you can be unsure at this point?


6. How much longer will these monkeys be stearing the ship before there is a mutiny. Answer: Monkeys steering the ship got our cultivation license in under a month. I can only count a handful of other companies that have done that. 
Monkeys steering the ship got our cultivation license in 3 years and 3 weeks 
I belive we were maby in the first 100 licence but 100th place is not really that impressive when first too market is so important?


I did find every thing you said helpfull thanks for helping


Angus
Bullboard Posts