Pac Roots Cannabis Corp. (CSE: PACR) Prepares to Close Massive Land Deal with Extensive Development Possibilities

August 14, 2020 09:18:47
  • Pac Roots expecting to close deal in September for acquisition of several parcels of land with no zoning restrictions, located in prestigious Fraser Valley
  • Company’s new indoor facility and 100-acre Hemp JV project in Rock Creek, B.C., with preliminary results suggesting successful fall harvest, make this ideal time to acquire land in Fraser Valley
  • Future development of elite CBD and THC strains and company’s overall hemp and cannabis infrastructure have tremendous potential thanks to company’s strategic genetic licensing partner, Phenome One

The Fraser Valley Regional District is one of the most productive and intensively farmed areas of Canada, with high-quality soil, favorable climate, water, and a local market of 2.5 million people. Agriculture in this region yields an annual economic value of more than $3 billion.

Pac Roots Cannabis (CSE: PACR) and its shareholders will own and control 250 acres of this land thanks to a share purchase agreement that was initiated in July with 1088070 BC. LTD. In accordance with the agreement, Pac Roots will soon acquire all issued and…

Read More>>

NOTE TO INVESTORS: The latest news and updates relating to PACR are available in the company’s newsroom at

About CBDWire

CBDWire (CBDW) is a specialized information provider focused on (1) reporting CBD-related news and updates, (2) releasing CBDNewsBreaks crafted to keep investors abreast of the latest and greatest in the CBD market, (3) refining and enhancing corporate press releases, (4) delivering end-to-end distribution and social media services to client-partners and (5) constructing effective corporate communication solutions based on the unique requirements of CBD companies. CBDW is exclusively positioned in the burgeoning CBD sector with a proven team of journalists and researchers working to deliver high quality content to an expansive target audience of investors, consumers and industry news outlets. Our dissemination network of over 5,000 downstream distribution points allows us to deliver unparalleled reach, visibility and recognition to companies operating in both cannabidiol and the wider cannabis space. CBDWire (CBDW) is where CBD news, content and information converge.

To receive instant SMS alerts, text CBDWire to 21000 (U.S. Mobile Phones Only)

For more information please visit

Please see full terms of use and disclaimers on the CBDWire website applicable to all content provided by CBDW, wherever published or re-published:

Do you have questions or are you interested in working with CNW? Ask Our Editor

Denver, Colorado
303.498.7722 Office

CBDWire is part of the InvestorBrandNetwork.