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

Comment by Edcandoon Feb 18, 2021 8:21pm
71 Views
Post# 32605821

RE:RE:RE:RE:RE:HOW

RE:RE:RE:RE:RE:HOW

I honestly grabbed my glasses so I could address all your points then just skimmed it anyways lol. I'm sorry, it just sounds like a lot of butthurt . I get it I've gotten frustrated with some of my holdings too. I generally don't spend a lot of time venting those frustrations because if I become that disillusioned I just sell and move on. However I will address the few points I did notice. 


What's changed? How the heck would I know? I just learned of this company. I looked at the company including fins. I noticed they are profitable. They have very little debt. Small share structure for a small cap. They produce premium bud (just tried their kalifornia today) at the low cost of $1.40. They are expanding their grow and expecting the retail license (that will improve per gram margins), and is trading under asset value . I neither know or care what if anything has changed lol. I don't care how long you or someone else has been holding. This stock at this price is a value investment with zero forward thinking baked into its price. Heck it's missing part of its asset value and revenues for even a conservative market cap.

Yes others have been flying. Of course. Something always is. If one is a trader then that's what they should focus on. Problem is people mistake market hype and over valuations with "results " when they aren't experienced traders and they get left holding very heavy bags. In fact I suspect that's what happened here. You probably bought in much higher a few years ago and are still a ways from even (and hoping to get out on the hype run). I get it. We all have those holdings. Except here's the thing. The company wasn't worth $0.60+ 3-4 years ago. It's just that MJ stocks "were flying" and it created what? A bunch of heavy bags. No it's a far better investment now. 


Again one must be clear what type of investor/trader they are less they become confused. It's true investors invest to make money. Sometimes we make the right calls. Sometimes we don't. Sometimes it's the timing and not the call itself that is good or bad. It wasn't a good call for any investor to invest in any MJ stocks in 2018. Traders sure. They made a lot of cash. I make money investing in value. I don't remember saying this stock will or won't ever be "in dollars". It very well could, but I don't need it to get anywhere near there for this to be a great investment for me. If you're that disillusioned and see so many other places to make your money fly , shouldn't you just be selling and moving on? 


Lastly, while I'm new here and don't know the full history of the company, I feel we have very different definitions of the word "looting". We have a small cap company with 90 ish million shares (140mil? Fully diluted ). I can't see how they've built a profitable business and "looted the company for years" with 90 million shares lol. Don't misdirect your anger. The market /market makers looted all mj stocks for years, and it's still happening(going to happen) with all the grossly overvalued companies that continue "to fly" on zero fundamentals.  Hey I respect and support everyone's right to have and form an opinion. Sadly it just happens to be a right best served when it is an informed one. GLTUA in all our investment decisions . 

<< Previous
Bullboard Posts
Next >>