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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 Oct 13, 2020 3:28pm
128 Views
Post# 31708449

RE:RE:RE:RE:Who got the issue

RE:RE:RE:RE:Who got the issueYeah, considering they're making about $200k per month in profits, the raise seems like it was just a share grab, realistically... 10 yr warrants that were in the money the week prior to the raise... it's been a year now since their first harvest and they still haven't submitted for the sales ammendment, which would increase their profits theoretically... almost like they've been shooting themselves in the foot, delaying... I'm still holding out hope that the money will be used for the expansion in the very near future though and we'll get news around the time we get the year end financials...
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