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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 Nov 18, 2020 12:39pm
101 Views
Post# 31922953

RE:RE:RE:RE:Lotus ........ O Lotus

RE:RE:RE:RE:Lotus ........ O LotusIt's just a waiting game for now... everyone here has a pretty good idea of what's in the pipeline with these guys, it just needs to play out... they definitely pumped the breaks on the share price when they decided to file the Q4s in December... but it looks like we're set up now for a string of news each month for the foreseeable future... sales license news should be soon based on the company's own time-lines, Q4s in December, Q1F21 in January (which should show them 100% out of debt and their cash on hand starting to climb at a good rate), which would theoretically lead into their builder's mortgage once they have around $1 million cash, followed by construction commencing... the company is in good shape, once they have a full year of revenues under their belts (keep in mind they only have 2 quarters with revenues on the books so far), all the speculation can be thrown out and we can definitively say this is how much they're making, this is what they should be priced at, this is what we can expect for future earnings with the expansion, etc... hard to garner interest without news to back it up, but its coming
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