Toodles
3 years ago
Yes getting real close, Dalton gave a nice tweet yesterday.
Dr. David Dalton
@DrDavidDalton1
AS WE BUILD GENERATIONAL WEALTH
Include Kindness,Respect,Trust,
Patience,Passion,Integrity
Next week a big week.
1:53 PM · Oct 1, 2021
BM
Toodles
3 years ago
09/23/2021 PAC ROOTS CANNABIS CORP. ANNOUNCES RESULTS OF FIELD INSPECTION OF OUR JOINT VENTURE IN ROCK CREEK, AND WHOLLY OWNED FACILITY IN KELOWNA, BC.
September 23, 2021
Pac Roots Cannabis Corp. (“Pac Roots” or the “Company”) (CSE: PACR) (OTCQB: PARCF) (FSE:4XM) further to our September 8th 2021 News Release, where Chris Farnworth, CEO stated “During the next two weeks, senior management will be visiting our joint ventures and facilities in central British Columbia, to ensure they are aligned with our core business focus”. Management conducted a field inspection of the second season of our Hemp CBD project during the week of September 13, 2021, which consisted of 15+ acres of cultivation which is projected to be harvested in late October. The first crop of 2020 is approximately 50% processed and is estimated to produce gross revenue of $1.3M to the joint venture. The balance of the 2020 crop is expected to be processed in the next six weeks. The total joint venture has an estimated $2.3M in top line revenue. Chris also stated, “We expect to plant, in excess of 100 acres of Hemp CBD in the 2nd Q of 2022.”
The Rock Creek joint venture consists of 100-acres Hemp CBD and was awarded an industrial hemp license by Health Canada. This permitted Pac Roots Cannabis Corp. to cultivate, sell, possess, and process industrial hemp. Pac Roots entered into a joint venture with Rock Creek, currently held 49% by Pac Roots and 51% by Rock Creek, with the goal to plant hemp CBD seedlings on 100-acres of prime arable land in British Columbia. Planting commenced in mid-June 2020, with approximately 130,000 premium hemp CBD plants placed systematically throughout the two 50-acre parcels.
Management also visited the Kelowna 20,000 square foot Cannabis Indoor Facility last week. Nearly two million dollars has been invested so far; the grow rooms and infrastructure are installed, as well as framing, electrical and the air conditioning completed. Covid-19 set us back approximately 12 months due to shortage of construction personnel and materials.
The revised cost estimate has increased around 30%, thus additional financing will be required to complete. In addition, changes in Health Canada requirements for security had to be taken into account, subsequently in 2021 clarification was distributed and revised drawings and quotations requested.
About PacRoots
PacRoots Cannabis is the future of genetics. By focusing on elite genetic development, the company expects to maximize the quality of its products, while keeping yields and profit margins high. Pac Roots has formed a strategic partnership with Phenome One, giving the Company complete access to one of the largest live genetic libraries in Canada composed of the finest cultivars. The Company will use these genetics to develop unique strains with various beneficial characteristics. The 350+ licensed live cultivars and over 1800 seed varieties are the result of a meticulous gene selection process, whereby Phenome One filters through as many as 600 individual plants to lock in a specific phenotype for a single strain. Tailored elite cultivars are then selected for indoor or outdoor cultivation based on various environmental, biological, medical and market driven factors. Visit www.pacroots.ca
ON BEHALF OF PAC ROOTS CANNABIS CORP.
(signed) “Chris Farnworth”
Chief Executive Officer
BM
Toodles
3 years ago
Yes this is a gem, look at the people behind this Company, plus i got news today that the deal is almost complete.
Pac Roots provides specialty, even customized dare I say, CBD product... it's involved with two other Canadian companies that have also been around the block with CBD...
It will shock how big the Conglomerate will be Doc is doing it correct. I don't know why you aren't allowed on the other form but come on over anyway,
BM
Toodles
3 years ago
PACRF'S FUTURE HAS NEVER BEEN LOOKING BETTER: CHECK OUT WHO WE ARE POSSIBILY COMING ON BOARD WITH BELOW
Pac Roots Cannabis Corp. PACRF This budding cannabis company is upping the genetics game. One such company leading the charge is Pac Roots Cannabis Corp. (CSE: PACR | OTCQB: PACRF | FSE: 4XM), a Canadian cultivator that pairs an enhanced emphasis on elite genetics with industry-leading innovation allowing them to deliver high-quality yields — at prices drastically lower than those of their competition.
Driven by strategic partnerships, long-term vision, and the veteran expertise of their leadership, partners and farming teams, the company is delivering products with immaculate quality at a uniquely accessible price point.
Pac Roots is founded on West Coast elite genetics and the development and strengthening of those strains. The emphasis is always to maximize the quality of its products, by keeping yields and profit margins high. Pac Roots subsidizes costs with these two strategic partners:
Our genetics partner, Phenome One is recognized as one of Canada’s largest live genetic libraries is composed of over 350+ live cultivars.
Our industrial hemp license by Health Canada is a joint-venture agreement with Rock Creek Farms on a 100-acre outdoor project situated in British Columbia’s South Okanagan Valley. This partnership leverages generation of growing experience with the team at Speakeasy (CSE:EASY) as well as existing infrastructure, equipment, and access to land combination positioned Pac Roots to be cash-flow positive within their first year of trading.
The Company’s objective is to deliver the finest products. Preserving the excellence of our elite strains while introducing the highest quality of new strains to the public is our goal. Building genetic variations and building strength for a large variety of environments is the foundation that drives the decision making for our business.
Many strive to be the largest cannabis grower, but we believe that the quality of the cannabis you consume is paramount. Customers are extremely educated and mindful about the foods and drinks they intake. The demand for premium products has never been higher and Pac Roots is well-positioned to be a leader in the premium cannabis space.
INNOVATION
Our cutting-edge technologies and proprietary methods focused on industry leading quality and growth rates.
PARTNERSHIPS
Strategic partnerships make our business model competitive; development of projects, branding, off-take agreements, downstream distribution and exclusive access to an elite genetics catalog.
DEDICATION
Building on the Lords of Grasstown brand which has a tremendous following with the motorcycle community and legal cannabis culture both in Canada and the US.
BRANDING
We work with experienced, award-winning growers and cultivators who are aligned with our vision of creating superior products, tastes, and experiences.
Our elite craft growers are equally as passionate about cannabis and dedicated to excellence: variety, quality and yield.
At the forefront of our operations, lies a foundation of unsurpassed cultivators, cultivars and farming IP that will take us on a journey to elevate the premium cannabis industry:
CHECK OUT THE WEBSITE YOU'LL SURE LIKE ALL YOU SEE
https://pacroots.ca/corporate/
BM
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SidewaysTrader
2 years ago
Renee
3 years ago
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