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 continue maintaining healthy profit margins. “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. Pac Roots and our partners are thrilled to build on this success as we launch into 2021 with various exciting projects,” said Pac Roots Cannabis CEO and President Patrick Elliott in reference to the harvest.
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About Pac Roots Cannabis Corp.
Pac Roots is focused on delivering the finest genetics to Canadians. Preserving the excellence of its elite strains while introducing the highest quality of new strains to the public is the company’s passion. The foundation, based on genetic variation and stability, drives the decision making for Pac Roots Cannabis Corp.’s business. 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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