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Lotus Meets with Security Expert, David Hyde, to Prepare for Evidence Package

November 29, 2018

Lotus Ventures Inc. (CSE: J) or (the “Company”) met with David Hyde & Associates last week to discuss the final steps prior to submitting its evidence package to Health Canada. The overall impact of the meeting was positive, as security is a large portion of the package. 100 on-site secu…

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Lotus Cannabis LP - Launches Strategic Plan

November 19, 2018

Lotus Ventures Inc. (CSE – J) (“the Company”) held a strategy session in October to review and report on the direction of the company for 2018 and 2019. The strategy is to grow the highest quality strains at one of the lowest production costs/grams in the industry. The facility and its planned…

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Lotus Update – Branding and Planning

October 30, 2018

Lotus Ventures (the “Company”) is approaching completion of its initial 22,500 square feet facility and anticipates submission of its evidence package in November. Design work and building permit drawings for the expansion of the facility by an additional 28,000 – 30,000 square feet is almost …

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Lotus Closes Final Tranche of $2 Million Private Placement

October 15, 2018

Lotus Ventures Inc. has closed the second and final tranche of its non-brokered private placement financing by issuance of 780,000 units at a price of 25 cents per unit for gross proceeds of $195,000. Each unit consists of one common share and one transferrable share purchase warrant, each warrant e…

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Lotus Ventures: Grant of Options

October 4, 2018

Lotus Ventures Inc. has granted 1.1 million stock options to eligible persons. The options can be exercised at 30 cents per share for 10 years.About Lotus Ventures Inc.Lotus is a late-stage licensed producer applicant under the Access to Cannabis for Medical Purposes Regulations (ACMPR) rules and re…

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Lotus Closes First Tranche of $2 Million Private Placement

October 1, 2018

Lotus Ventures Inc. has closed the first tranche of its non-brokered private placement financing by issuance of 7.68 million units at a price of 25 cents per unit for gross proceeds of $1.92-million. Each unit consists of one common share and one transferable share purchase warrant, each warrant exe…

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Lotus Announces Private Placement

September 12, 2018

The Offering will consist of up to 8,000,000 units (“Units”) at a purchase price of $0.25 per Unit, for aggregate gross proceeds of up to $2,000,000. Each Unit will consist of one common share in the capital of the Company (“Common Share”) and one common share purchase warrant (“Warrant”…

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Auxly and Lotus Ventures Announce Investment and Signing of Definitive Long Term Purchase and Sale Agreement

September 11, 2018

Vancouver, British Columbia, September 11, 2018 – Auxly Cannabis Group Inc. (TSX.V - XLY) (OTCQX: CBWTF) (“Auxly” or the “Company”) and Lotus Ventures Inc. (CSE – J)(“Lotus”) are pleased to announce the closing of an additional investment by Auxly to partially fund th…

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Lotus Facility Construction & Commissioning Update

July 27, 2018

ARMSTRONG FACILITY Construction of Lotus’ initial production facility, at our recently purchased 23-acre location in Armstrong, BC is scheduled to complete in early September 2018. The building is 22,500 square feet with an annual production capacity 2,000KG per year of top-shelf cannabis. In S…

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Lotus Purchases 23-Acre Cannabis Facility Site in Armstrong BC

June 12, 2018

Lotus Ventures Inc. has exercised the option to purchase its 23-acre property located in Armstrong, BC for $1.1 million on June 8, 2018. The deal was finalized by exercising the purchase option under our lease agreement dated November 7, 2015. Lotus is nearing completion of the initial facility …

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