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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 fumbleson May 06, 2020 12:49pm
160 Views
Post# 30993638

Financial Results

Financial Results6 months EPS of $.01 based on only 3 months of selling and 6 months of expences.
On pace for EPS of $0.03 for the 2020 year.
Even at a very low PE ratio of 10 that gives us a $0.30 share price.
Lots of room for growth on those numbers as well as this was their first quarter of selling.


Bullboard Posts