Pacific Roots Cannabis Corp. (PACR) Corporate Media Kit
Golden Mile’ and Fraser Valley Production Pac Roots – Rock Creek Farms Joint Venture Pac Roots and Rock Creek Farms have formed a joint venture for a 100- acre commercial hemp operation in Rock Creek, British Columbia. The growing space is located in the South Okanagan Valley and the highly lucrative farming area known as the “Golden Mile.” Bringing decades of generational farming expertise in one of the preeminent growing regions of Canada, the partners have planted hundreds of thousands of pre- mium hemp CBD seedlings and anticipate a successful harvest in the fall of 2020 with expected biomass of up to 700,000 pounds. Based on a reputation for producing unparalleled cannabis, 100% of the JV’s next hemp harvest is under sales contract at fair market value. Infinite Development Possibilities in Prestigious Fraser Valley Through closing of a share purchase agreement with 1088070 BC. LTD. (“1088”) and its shareholders, Pac Roots has acquired all of 1088’s issued and outstanding shares. This includes the ownership and control of 250 acres of land spread over nine parcels in the Fraser Valley Regional District. The district is one of the most intensively farmed and productive areas of Canada, offering high-quality soil, water, a favorable climate and local market of 2.5 million people. Agriculture in this region yields an annual economic value of more than $3 billion. The significant land package in the Fraser Valley Regional District provides Pac Roots with infinite development possibilities, as it is not situated within the agricultural land reserve and free of zoning restrictions.
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