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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

Post by luckyk05on Dec 16, 2020 10:26pm
135 Views
Post# 32125551

Lotus Ventures Unaware of Any Material Change

Lotus Ventures Unaware of Any Material Change
Lotus Ventures Unaware of Any Material Change
16 Dec 2020 15:25 ET
CNW Group

Canadian Securities Exchange: Symbol J

At the request of IIROC, Lotus Ventures Inc. ("Lotus" or the "Company") wishes to confirm that the Company's management is unaware of any material change in the Company's operations that would account for the recent increase in market activity.

Lotus Ventures Inc. (CSE: J) is the publicly traded licensed producer that owns Lotus Cannabis, a premium cannabis brand in Canada. In terms of continuity, operational, sales and profit results in the upcoming fiscal fourth quarter are generally consistent with the Company's fiscal third quarter results.

This news release may contain assumptions, estimates, and other forward-looking statements regarding future events. Such forward-looking statements involve inherent risks and uncertainties and are subject to factors, many of which are beyond the Company's control that may cause actual results or performance to differ materially from those currently anticipated in such statements.

About Lotus Ventures Inc. Lotus Ventures Inc. (CSE: J) is a licensed producer that grows rare and new-to-market strains of cannabis while providing consistency and reliability for consumers through its innovative purpose-built facility that was created in BC's North Okanagan region.

The Canadian Securities Exchange does not accept responsibility for the adequacy or accuracy of this release.

SOURCE Lotus Ventures Inc.

View original content to download multimedia: https://www.newswire.ca/en/releases/archive/December2020/16/c6156.html

SOURCE: Lotus Ventures Inc.

 President & CEO, Dale McClanaghan, dalemcclanaghan@gmail.com, 604-644-9844 
comtex trackingCopyright (C) 2020 CNW Group. All rights reserved.

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