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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 fumbleson Jan 30, 2020 9:45am
52 Views
Post# 30619156

RE:Finances out people...Looking beautiful!

RE:Finances out people...Looking beautiful!Very nice looking financals.  by all accounts other then share price things are going better then expected at Lotus.  They only lost $0.01/share with about 1 month worth of revenue.  next quarter should see about $2.5million in revenue and a small profit.  Unless of course they have new construction costs in the quarter for the planned expantion.  The expantion will more then double the capacity.
I can not imagine the stock market cap will be lower then the value of the building they own much longer.  I would think this will move back into the $0.15-0.20 range over the next few days.
Bullboard Posts