Pac Roots (CSE: PACR) (OTCQB: PACRF) (FSE: 4XM) has been steadily building a formidable asset base, including constructing a new production facility, forging a key joint venture, as well as penning an agreement to acquire prime agricultural land as it emerges as a premium provider of cannabis and hemp products with its genetics-focused approach. “Pac Roots isn’t looking to get into a pricing war with low-quality suppliers but is methodically positioning itself as a premier brand since it went public last year,” reads a recent article. “The company has partnered with Phenome One, one of the largest live genetic libraries in Canada composed of over 350 live cultivars, and formed a JV with Rock Creek Farms and Speakeasy Cannabis Club leveraging existing infrastructure, equipment and access to land on a 100-acre hemp project. Despite the coronavirus pandemic and some unseasonable weather conditions, the initial pilot run from the JV resulted in the profitable sale of 105,000 pounds of industrial hemp.”
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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 the 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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