Lotus Ventures Inc. (C:J)
Business Focus: Alternative Medicine
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Company News
Apr 09, 2024 16:36 ET
CSE Bulletin: Suspensions - AVM.X, CANN, J, RDRS
Toronto, Ontario--(Newsfile Corp. - le 9 avril/April 2024) - Effective immediately, the following companies are suspended pursuant to CSE Policy 3. The suspensions are considered Regulatory Halts as defined in National Instrument 23-101 Trading Rules. Cease Trade Orders have been issued by one or more securities commissions.
Apr 09, 2024 08:05 ET
Canadian Investment Regulatory Organization Trading Halt - J
VANCOUVER, BC, April 9, 2024 /CNW/ - The following issues have been halted by CIRO:
Valuation Ratios
Industry
Sector
Beta
-0.31
--
--
Price to Sales - TTM
0.45
3.39
3.82
Price to Book - most recent quarter
0.10
1.09
2.03
Price to Cash Flow per share - TTM
--
--
10.40
Price to Free Cash Flow per share - TTM
--
15.24
12.69
Short Report
| Date | Number of Shares Shorted | Net Change |
|---|---|---|
| Mar 31, 2024 | 2,158 | 2,140 |
| Mar 15, 2024 | 18 | 0 |
| Dec 15, 2023 | 559 | -544 |
Business Summary
| Sector: Healthcare | Industry: Pharmaceuticals |
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.
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