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CannabisNewsBreaks – Pac Roots Cannabis Corp. (CSE: PACR) Eyes ‘Infinite Development Possibilities’ in $3B Agricultural Region

Company: Pac Roots Cannabis Corp. (PACR)
Category: Stock Spotlights

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.”

To view the full article, visit http://cnw.fm/HWdVb

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.

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

About CannabisNewsWire

CannabisNewsWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.

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