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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
Post by travddon Mar 05, 2020 4:18pm
166 Views
Post# 30772243

Quit trying to compare Lotus to other companies

Quit trying to compare Lotus to other companiesLotus has some of the best quality buds in the industry, while growing at some of the lowest costs per gram in the industry, having one of the lowest overheads, and are scaling up to meet demand rather than having write downs or wasted space. There is no other company out there growing as high of quality at such a low cost. None. Every other company in the same price range to produce is either growing bunk or mids. Every other company growing quality that compares with Lotus is producing at double or triple the cost or more. Furthermore, Lotus is cash flow positive... not many companies in the sector can say that. The only companies that could be compared to Lotus have already been bought out by large scale producers for +$130 million. So, saying let the stock sit for a year... that's not going to happen. Take advantage of being one of the only profitable companies. If you're already selling 100% of your product and have clients asking for more than you can produce, you increase the amount you can produce. Very, very, very simple finance 101. This company finally has some legs under them, they're not going to sit around and waste the opportunity.
Bullboard Posts