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Private Placement Final Tranche Closing

December 7, 2016

Lotus Ventures Inc. (the “Company”) is pleased to announce that it has closed the final tranche of its non-brokered private placement financing by issuance of an additional 600,000 units at a price of $0.20 per unit. Together with the first two closings gross proceeds were $712,250. Each …

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Engagement of Kilbride Partners as Financial Advisor

May 12, 2016

Dale McClanaghan, President of Lotus Ventures Inc. announced today that Lotus has engaged Kilbride Partners to evaluate strategic alternatives for the financing of its production facility in British Columbia. Representing Kilbride Partners will be Mark W. Cosens, Founder and Managing Director and Sc…

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Lotus Comments on the Allard Decision

February 25, 2016

Summary of The Allard DecisionOn February 24, 2016 the Federal Court of Canada made a decision about marijuana in Canada in the Allard case. Allard and others had licenses to grow for personal use under the old Medical Marijuana Access Regulations (MMAR). In early 2014 the Federal Government impleme…

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