Pac Roots Cannabis Corp. (CSE: PACR) will soon own and control 250 acres in the Fraser Valley Regional District, one of the most productive areas of Canada with agriculture yielding an annual economic value of more than $3 billion. Under a recent share purchase agreement with 1088070 BC. LTD, Pac Roots will soon acquire all of 1088’s issued and outstanding shares (http://cnw.fm/9xnlW). A recent article regarding this quotes Pac Roots president and CEO Patrick Elliott, who stated, “This land has no zoning restrictions and is not situated within the agricultural land reserve, which provides for infinite development possibilities. The addition of such a substantial package of land to our portfolio is a major step for Pac Roots. We are pleased to have the opportunity to add significant acreage with an acquisitional cost base of $9,600 per acre.”
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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. Genetic variation and stability is the foundation that drives the decision making for Pac Roots Cannabis Corp.’s business. For more information about the company, visit www.PacRoots.ca.
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