Lotus Ventures Inc LTTSF

Primary Symbol: C.J

Cannabis

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.

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Lotus Ventures Inc

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Comment by Caffinated5on Feb 19, 2020 7:25am

71 Views

Post# 30706940

RE:8 Cents

There is no debt, facility is owned, they are or will be cash flow positive shortly. It can’t go to zero on a valuation

The seller may have been forced to liquidate due to a bankruptcy, death, incapacity, margin call, divorce etc..

If a court did order the liquidation of a portfolio for whatever reason a broker would need to sell all the shares no matter what the price or valuation. Looks a lot like what is going on now.

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