- 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 first successful hemp harvest on its 100-acre site situated in British Columbia’s South Okanagan Valley (https://cnw.fm/TyTIx).
Following the award for an industrial hemp license by Health Canada on May 22, 2020, which permitted Pac Roots Cannabis Corp. to cultivate, sell, possess and process industrial hemp, the Company entered into a binding letter of intent with…
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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