- Legal marijuana market set to top more than $90 billion by 2027
- Pac Roots places top priority on developing, delivering finest cannabis genetics
- Optimized farming systems employed in most fertile areas means maximum opportunity for harvest
After experiencing a few roadblocks over the last year, the cannabis sector looks to be picking up speed. In fact, a recent Data Bridge Market Research study reports that the global legal marijuana market should top more than $90 billion by 2027 (https://cnw.fm/lUN0y). Pac Roots Cannabis (CSE: PACR), a Canadian company dedicated to producing premium-quality strains and products by leveraging a genetics-focused approach, has taken strategic steps to be in a strong position as the market heads upward.
For starters, the company is leveraging its expertise in cultivating quality flowers. “Pac Roots is dedicated to delivering the finest cannabis genetics to its consumers, preserving the excellence of its carefully cultivated elite strains while also working to introduce superior new strains,” a recent article spotlighting the company reported (https://cnw.fm/u2qc1). “While some companies may strive to be the largest cannabis grower, Pac Roots believes that the quality of the product is paramount.”
PACR is able to do maintain this strict commitment to quality through a strategic licensing agreement with Phenome One Corp, which gives Pac Roots complete access to one of Canada’s largest live, genetic cannabis libraries (https://cnw.fm/62Be9). This unparalleled resource allows Pac Roots and Phenome One to develop elite strains with multiple beneficial characteristics. PACR’s extensive catalog features more than 350 tested cultivars, with some 50 qualifying for the super-elite category.
In addition, Pac Roots has carefully chosen superior growing sites, including Rock Creek Farms, located in the South Okanagan Valley in British Columbia. The area, known as the Golden Mile, has even been called the Napa Valley of the North. The 100-acre, premium hemp farm is a joint venture that Pac Roots started with Rock Creek Farms earlier this year after receiving a hemp cultivation license from Health Canada.
Pac Roots has also announced completion of a share purchase agreement of 250 acres of pristine property in the Fraser Valley Regional District of British Columbia. In the agreement, Pac Roots has acquired all of the issued and outstanding shares of 1088070 BC. Ltd., which owns land in one of the most productive and intensively farmed areas in Canada.
Pac Roots works closely with its partners to optimize cultivation through unique proprietary methods, including the use of custom-formulated nutrients made from raw sales; systematic planting of young, hardy cultivars; row compaction and mowing for weed control; and a complex irrigation system that delivers nutrients and spring water directly to each plant.
Pac Roots began operations in 2012 with initial activities directed toward exploration and development of mineral properties in Canada. The company’s mission has evolved through time, and today, PacRoots is focused on cannabis and hemp cultivation, leveraging high-end genetics and specialized cultivars to produce top-quality products. 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 are the foundation that drives the decision-making for Pac Roots Cannabis Corp.’s business.
For more information, visit the company’s website at 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
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.
To receive instant SMS alerts, text CANNABIS to 21000 (U.S. Mobile Phones Only)
For more information please visit https://www.CannabisNewsWire.com
Do you have questions or are you interested in working with CNW? Ask our Editor
CannabisNewsWire is part of the InvestorBrandNetwork.