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Lotus Ventures Inc LTTSF


Primary Symbol: C.J

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 11, 2019 2:57pm
64 Views
Post# 29469353

Here's the facts we know

Here's the facts we know Based on what the company has told us on their website and what's on Sedar and the CSE website... cost per gram is expected to be $1.05-$1.20 to grow... 2 million grams per year... if we split the difference, we get $1.125 per gram... Auxly is buying 1 million grams at $2.25 per gram... so the cost for all 2 million grams is covered by Auxly... the other 1 million grams will be sold for a profit... premium GMP bud to wholesale is $5.00-$6.50 a gram... I used $5.50 in my example when I said profit will be around $5.5 million per year on the first facility... it's not optimism, it's math... this is why Lotus will explode upwards in the near future...
Bullboard Posts