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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 undervalueon Jun 13, 2024 12:18pm
172 Views
Post# 36087309

Closing in on the end.

Closing in on the end.After the payment of certain priority claims, approximately $1,810,000 is expected to be available under the Further Amended Proposal (or approximately 36% of the claims), which is a better recovery for the creditors than would be expected in a bankruptcy of Lotus. 

Music!!
Dale and co. get 36 cents on the dollar.
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