- Recent study delving into Canadian cannabis market revealed declining market shares for large Canadian cannabis companies
- Pac Roots and its peers have looked to increase their share of market, with Pac Roots recently increasing its total area under cultivation
- Key feature boosting Pac Roots’ prospects has been its focus on producing premium quality strains through meticulous cultivation process
A recent study centered around the Canadian cannabis market and carried out by investment banking firm ATB Capital Markets in early April 2021 came up with a startling conclusion: Large Canadian cannabis cultivators had surprisingly seen their market shares decline between the first quarters of 2020 and 2021, with smaller companies appearing to have picked up the slack (https://cnw.fm/lkqoh). The news bodes positively for Pac Roots Cannabis (CSE: PACR) (OTCQB: PACRF) (FSE: 4XM), a Canada-based cannabis company which has earned a well-established reputation for producing premium quality strains and products through use of a meticulous, genetics-focused approach towards harvesting their corp.
Earlier this year, Pac Roots revealed that it had successfully pulled off its initial harvest as part of its British Columbia-centered joint venture with Rock Creek Farms, resulting in a biomass yield of over 105 thousand pounds. PACR simultaneously revealed that its harvest is being processed and…
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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