Pac Roots (CSE: PACR) (OTCQB: PACRF) (FSE: 4XM), a company that uses a genetics-based cultivation approach to differentiate itself from competitors, has thus far focused its efforts on the Canadian market. Recently, however, the company announced the closing of a purchase agreement with the shareholders of Lords of Grasstown Holdings Ltd., a move that heralds its entry into the lucrative U.S. legal cannabis market in addition to broadening its product portfolio. At the same time, Pac Roots has sought “to expand production, most recently through the acquisition of a substantial, 250-acre restriction-free plot of land in the Fraser Valley — one of the most intensely farmed and productive agricultural districts in Canada.” A recent article further reads, “With the company now poised to enter the highly lucrative California cannabis market, PACR’s focus on a high-quality product coupled with its ongoing efforts to increase supply bode favorably for its growth prospects going forward.”
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About Pac Roots Cannabis Corp.
Pac Roots is the future of genetics. By focusing on elite cannabis genetic development, the company maximizes the quality of its products by keeping yields and profit margins high. Pac Roots subsidizes costs with several strategic partners: Phenome One, one of the largest live genetic libraries in Canada composed of over 350+ live cultivars, as well as its JV partnership with Rock Creek Farms and Speakeasy Cannabis Club, leveraging existing infrastructure, equipment and access to land on a 100-acre hemp project. This combination has the company positioned to be cash-flow positive within their first year of trading. For more information about the company, visit www.PacRoots.ca.
NOTE TO INVESTORS: The latest news and updates relating to PACR are available in the company’s newsroom at http://cnw.fm/PACR
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