Pac Roots Cannabis Corp. (CSE: PACR) (OTCQB: PACRF) (FSE: 4XM) Ready as Ottawa Review of Federal Cannabis Act Approaches

June 28, 2021 14:15:29
  • Canadian lawmakers are scheduled to assemble during Q4 to assess past, current, future state of legal cannabis market
  • Pac Roots Cannabis has quietly positioned itself as an integrated producer of premium cannabis and hemp
  • Pac Roots is generating revenue through a hemp JV, has access to exclusive cultivars, is completing a production facility, has an agreement for more land and recently bought an established cannabis lifestyle brand
The Canadian government has taken a measured approach to legalization of marijuana, but now nearly three years in, advocates will be looking at meaningful progress with regards to regulations to support the industry when a review is expected later this year. As the market has been maturing, Vancouver-based Pac Roots Cannabis (CSE: PACR) (OTCQB: PACRF) (FSE: 4XM) has been steadily building a formidable asset base, including constructing a new production facility, forging a key joint venture and penning an agreement to acquire prime agricultural land as it emerges as a premium provider of cannabis and hemp products with its genetics-focused approach. While the legal cannabis market didn’t get off to the blistering pace some analysts envisioned, it has grown quite briskly and there are signs that the market has reached an inflection point. Deal flow is strong, including Quebec-based Hexo (TSX: HEXO) (NYSE: HEXO) recently agreeing to pay C$925 million for… Read More>> NOTE TO INVESTORS: The latest news and updates relating to PACR are available in the company’s newsroom at About HempWire HempWire (HW) is a dedicated information provider focused on (1) aggregating hemp-related news, (2) issuing HempNewsBreaks designed to update investors on the latest developments in the hemp market, (3) enhancing corporate news releases, (4) providing full-service distribution and social media offerings to public and private client-partners and (5) designing and implementing all-inclusive corporate communication solutions. HW is strategically positioned within the rapidly expanding hemp sector with a team of journalists working to help a growing roster of public and private companies reach a wide audience of investors, consumers and members of the media. We leverage a vast network of more than 5,000 key syndication outlets to deliver unparalleled visibility, recognition and content to the hemp industry. HempWire (HW) is where HEMP news, content and information converge. To receive instant SMS alerts, text HEMPWIRE to 21000 (U.S. Mobile Phones Only) For more information please visit Please see full terms of use and disclaimers on the HempWire website applicable to all content provided by HW, wherever published or re-published: Do you have a questions or are you interested in working with HW? Ask our Editor HempWire (HW) Denver, Colorado 303.498.7722 Office HempWire is part of the InvestorBrandNetwork.