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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

Comment by travddon Aug 31, 2020 3:49pm
102 Views
Post# 31480774

RE:RE:RE:RE:RE:RE:this stock is sh@@

RE:RE:RE:RE:RE:RE:this stock is sh@@The deferred revenue is likely paid off to Auxly by now.. there was only $550k left to pay back, and in Q3 they paid back more than $500k, so I imagine in Q4 the remainder would have been paid off. That means Lotus owes Auxly zero money, Auxly owns zero shares in Lotus as per their latest financials, Auxly has zero voting rights in Lotus... all ties beteeen Auxly and Lotus have been cut other than the supply agreement, which is definitely worth money... I do like the idea of Lotus buying the supply agreement back
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