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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
Comment by coolwm082on Feb 03, 2020 2:42pm
79 Views
Post# 30635464

RE:RE:RE:Financials

RE:RE:RE:FinancialsThey are being smart. Stop the dilution, go get a loan for the next build out.  $891K one quarter.$1.33 million in deferred Auxy sales. Brings us to 1 cent loss for 3 quarters if I have that right. If they repeat that number into the foreseeable future, build more purpose built facilities for the top selling strains, build out more for Auxy for their top strains and avoid the logistics nightmare that bigger players are facing with too many products. There are too many choices on the market. How do you target your grows to meet the right demand. People will become brand loyal and we can micro target those brands at the lowest cost I’ve seen.

Bullboard Posts