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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 Feb 10, 2022 11:38am
211 Views
Post# 34416785

RE:RE:RE:RE:RE:RE:RE:RE:Auxly closing facilities

RE:RE:RE:RE:RE:RE:RE:RE:Auxly closing facilities I am talking about the real estate as well... Auxly gave up any sway they had with Lotus when they sold their shares in Lotus back in 2020, as per the contract... they don't even have a member on the Lotus board anymore... they do still hold the rights to match any deal Lotus gets with a bank for funding (right of first refusal) but I'm certain they won't fund the expansion... they can't afford to and they've already divested what they did own prior... Auxly owns 0% of Lotus and has zero say in Lotus matters... they only have a right to buy Lotus product, thats it, thats all
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