Pac Roots Cannabis Corp. PACR Archives

MondayMar 01, 2021 2:17 pm

Pac Roots Cannabis Corp. (CSE: PACR) (OTCQB: PACRF), Lords of Grasstown Enter into Share Purchase Agreement

Share purchase agreement will result in Pac Roots acquiring all issued, outstanding shares of Grasstown “The Grasstown culture complements PacRoots’ foundation of variety and quality built on the West Coast,” says PACR CEO Pac Roots intends to continue — and strengthen — the strong reputation built by the Grasstown brand Cannabis and motorcycles make an intriguing combination — a combo that Lords of Grasstown Holdings Ltd. has created a whole business around. And now Pac Roots Cannabis (CSE: PACR) (OTCQB: PACRF) is getting in on the action. The Company recently announced the execution of a share purchase agreement with the shareholders of Lords…

ThursdayFeb 25, 2021 9:17 am

QualityStocksNewsBreaks – Pac Roots Cannabis Corp. (CSE: PACR) (OTCQB: PACRF) Announces Closure of Private Placement Reaching $1.34M

Pac Roots Cannabis (CSE: PACR) (OTCQB: PACRF), a company dedicated to producing premium-quality strains and products by leveraging a genetics-focused approach, has closed its previously announced nonbrokered private placement. The placement was comprised of 7,448,255 units, sold at $0.30 per share and resulting in a total of $1,340685.90. Each unit sold included one common shares and one share purchase warrant; each warrant was exercisable for $0.30 per share until February 23, 2024. Registrants received finder’s fees, equaling $75,294,41, and finder’s warrants; finder’s warrants were also exercisable into one common share at a price of $0.18 per share until February 23, 2024. The announcement…

TuesdayFeb 09, 2021 2:32 pm

Pac Roots Cannabis Corp. (CSE: PACR) (OTCQB: PACRF) Private Placement to Raise Funds for Continued Successful Operations

PACR private placement comprised of 8,333,333 units for possible gross proceeds of $1.5 million Funding to support Company’s continued progress in current, potential efforts An example of Pac Roots projects includes JV with Rock Creek Farms, which resulted in profitable first harvest that delivered 200% ROI Pac Roots Cannabis (CSE: PACR) (OTCQB: PACRF) has announced a non-brokered private placement (https://ibn.fm/tYble) to strengthen its financial position as it focuses on the future of genetics and its commitment to quality over quantity. Headquartered in Canada, Pac Roots is dedicated to producing premium-quality strains and products by leveraging a genetics-focused approach. The announcement of the…

ThursdayFeb 04, 2021 2:06 pm

QualityStocksNewsBreaks – Pac Roots Cannabis Corp. (CSE: PACR) Builds on Success, Launches into 2021 with Exciting Projects

Pac Roots (CSE: PACR), an innovative genetics-based cannabis company located in Canada, recently provided an update to investors and stakeholders following the first hemp harvest on its 100-acre site situated in British Columbia’s South Okanagan Valley. Pac Roots announced the remarkable success of its initial harvest, which yielded a quality far higher than expected. The company also announced that it would process and sell the entire >105,000-pound biomass to Speakeasy Cannabis Club (CSE: EASY). A recent article covered this as well as the company’s low-cost production capabilities, which Pac Roots believes provide a sustainable competitive advantage and the ability to…

WednesdayFeb 03, 2021 2:17 pm

PacRoots Cannabis Corp. (CSE: PACR) (OTCQB: PACRF) Set to Thrive as Peers Face Pain of Excess Supply

PacRoots Cannabis recently updated investors following its first successful hemp harvest, which resulted in 105,000 lbs. of biomass of higher-than-expected quality Canadian cannabis market is currently awash in oversupply, with some estimates placing inventory stockpile at close to 3 years’ worth of demand Industry participants have pointed at low-quality grades as prime cause for the oversupply PacRoots has taken strides to improve quality of its plants, most notably through collaboration with Phenome One Corp PacRoots processes, sells entirety of recent harvest to the Speakeasy Cannabis Club PacRoots Cannabis (CSE: PACR) (OTCQB: PACRF), an up-and-coming cannabis company based out of Canada,…

TuesdayJan 26, 2021 2:27 pm

PacRoots Cannabis Corp. (CSE: PACR) (OTCQB: PACRF) Leveraging Cannabis Market Shift by Producing “Super Elite” Strains

Rapidly growing cannabis market evolving to include diverse clientele seeking unique strains PACR uses genetics-first approach to cultivate exclusive high-yield strains with varying cannabinoid profiles PACR catalog features 350 tested cultivars, including 50 super-elite strains prized for unique properties Smoking marijuana decades ago traditionally meant rolling one type of cannabis that was grown outdoors under mostly natural conditions. Decades later, the market has completely transformed to accommodate the needs of savvy consumers who understand different strains and their varying effects. PacRoots Cannabis (CSE: PACR) (OTCQB: PACRF), a Canada-based cannabis company dedicated to producing premium-quality strains and products through a genetics-focused…

TuesdayJan 26, 2021 10:18 am

QualityStocksNewsBreaks – Pac Roots Cannabis Corp. (CSE: PACR) (OTCQB: PACRF) to Conduct Non-Brokered Private Placement for Up to $1.5M Gross Proceeds

Pac Roots Cannabis (CSE: PACR) (OTCQB: PACRF), a company dedicated to producing premium-quality strains and products by leveraging a genetics-focused approach, has announced a non-brokered private placement of up to 8,333,333 units. According to the announcement, each unit, which will consist of one common share in the capital of the company and one common share purchase warrant, will be offered at C$0.18 per unit, for gross proceeds of up to $1,500,000. The common share purchase warrants permit the warrant holder to obtain an additional common share at a price of $0.30; that offer will be valid for three years from the closing…

ThursdayJan 14, 2021 12:51 pm

PacRoots Cannabis Corp (CSE: PACR) (OTCBQ: PACRF) Announces Results of Initial Hemp CBD Harvest

PacRoots Cannabis updated investors following first successful hemp harvest derived from joint venture with Rock Creek Farms Initial harvest yielded 105,000 lbs of biomass of exceptional quality; yield was sold in its entirety to Speakeasy Cannabis Club Harvest was particularly remarkable given that it was produced despite region’s poor prevailing weather conditions Global CBD oil, consumer health market poised to grow to value of $123.2 billion by 2027 PacRoots Cannabis (CSE: PACR) (OTCQB: PACRF), a Canada-based cannabis company dedicated towards producing premium-quality strains and products by leveraging a genetics-focused approach, has recently updated its investors and stakeholders following the company’s…

WednesdayJan 06, 2021 2:21 pm

QualityStocksNewsBreaks – Pac Roots Cannabis Corp. (CSE: PACR) (OTCQB: PACRF) Announces DTC Eligibility

Pac Roots (CSE: PACR) (OTCQB: PACRF) (“PacRoots”), dedicated to producing premium-quality strains and products by leveraging a genetics-focused approach, today announced that it has obtained eligibility with the Depository Trust Company “DTC” for its common shares listed on the OTCQB. The DTC is a stock depository that facilitates and simplifies electronic trading of securities in the United States. According to the update, Pac Roots common shares, listed on the OTCQB under the symbol PACRF, are now eligible for electronic clearing and settlement through DTC’s automated processes. The electronic method of clearing securities speeds up the receipt of stock and cash…

ThursdayDec 17, 2020 11:28 am

QualityStocksNewsBreaks – Pac Roots Cannabis Corp. (CSE: PACR) (OTCQB: PACRF) to ‘Launch into 2021 with Various Exciting Projects’

Pac Roots (CSE: PACR) (OTCQB: PACRF) (“PacRoots”), dedicated to producing premium-quality strains and products by leveraging a genetics-focused approach, today announced an update for its first successful 100-acre pilot outdoor hemp CBD harvest. According to the update, the harvest yielded a quality much higher than the company’s expectations, and a yield of over 105,000 lbs in total biomass was prepared for sale and processing to Speakeasy Cannabis Club (CSE: EASY). "We are very proud of our team and partners at Rock Creek Farms who have been committed to the vision and dedicated to achieving success," said Pac Roots president and…

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