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Lotus Ventures Announces Licensing Agreement with Ontario Firm

December 14, 2017

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Lotus Ventures Inc. (“Lotus” or the “Company”) is pleased to announce that it has entered into an Agreement to license its intellectual property including its proprietary facility design, the first of a…

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Lotus Announces Private Placement

November 16, 2017

The Offering will consist of up to 2,000,000 units (“Units”) at a purchase price of $0.50 per Unit, for aggregate gross proceeds of up to $1,000,000. 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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Lotus Ventures: Grant Of Options

November 10, 2017

The Company has granted 1,465,000 stock options to eligible persons. The options can be exercised at $0.35 per share for ten years. ON BEHALF OF THE BOARD Lotus Ventures Inc. “Dale McClanaghan” Dale McClanaghan, President and CEO For fu…

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Lotus Unit Financing Closes; Raising more than $2.5 Million

September 20, 2017

The Company has closed the second tranche of its unit financing for gross proceeds of $264,297 for a total financing including the first tranche of $2,528,247. The Company has issued a total of 8,427,490 units for this financing, each unit containing one common share and one half share purchase warr…

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Lotus Unit Financing Oversubscribed First Tranche Closed for $2,263,500

August 17, 2017

Lotus Ventures has closed the first tranche of the $2,000,000 private placement announced July 20, 2017. Due to investor demand the offering was oversubscribed and exceeded the initial maximum. Lotus has issued 7,546,500 units at $0.30 per unit as described in its news release of July 20, 2017 for g…

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Lotus Announces Construction Start, Private Placement And Terms Of Cannabis Wheaton Streaming Deal

July 20, 2017

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESLotus Ventures Inc. (“Lotus” or the “Company”) is pleased to announce a non-brokered private placement offering (the “Offering”), the start of facility construction, provide details on its streaming a…

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Cannabis Facility Permits Issued

April 19, 2017

Lotus Ventures Inc. is pleased to report that its activities to obtain Licensed Producer (LP) status under the Health Canada, Access To Cannabis For Medical Purposes Regulations (ACMPR) has moved forward and we are poised to begin construction of the first facility in 2017. Lotus has received appro…

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Facility Financing Agreement

January 30, 2017

Lotus Ventures Inc. is pleased to announce that it has entered into a binding agreement to access up to $12 million of financing. Monies will be advanced in two stages, as required to build out its first production facility, in Armstrong BC, and its planned initial expansion. Provision of this fina…

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