QualityStocksNewsBreaks – Pac Roots Cannabis Corp. (CSE: PACR) (OTCQB: PACRF) (FSE: 4XM) Eyes Several Expansion Initiatives
Pac Roots (CSE: PACR) (OTCQB: PACRF) (FSE: 4XM), an innovative genetics-based cannabis company located in Canada, has earmarked funds it raised through a completed private placement for several expansion initiatives. The proceeds from the sale totaled $1.34 million and will go towards financing the “installment payments and development activities on its Fraser Valley property, final commissioning of the Lake Country project, brand development and U.S. business development with Lords of Grasstown and for general working capital,” reports a recent article. Fraser Valley is known for its lush and pristine farming conditions: “Only 2.4% of the total land farmed in B.C.…