- 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
About CBDWire
CBDWire (CBDW) is a specialized information provider focused on (1) reporting CBD-related news and updates, (2) releasing CBDNewsBreaks crafted to keep investors abreast of the latest and greatest in the CBD market, (3) refining and enhancing corporate press releases, (4) delivering end-to-end distribution and social media services to client-partners and (5) constructing effective corporate communication solutions based on the unique requirements of CBD companies. CBDW is exclusively positioned in the burgeoning CBD sector with a proven team of journalists and researchers working to deliver high quality content to an expansive target audience of investors, consumers and industry news outlets. Our dissemination network of over 5,000 downstream distribution points allows us to deliver unparalleled reach, visibility and recognition to companies operating in both cannabidiol and the wider cannabis space. CBDWire (CBDW) is where CBD news, content and information converge.
To receive instant SMS alerts, text CBDWire to 21000 (U.S. Mobile Phones Only)
For more information please visit https://www.cbdwire.com
Please see full terms of use and disclaimers on the CBDWire website applicable to all content provided by CBDW, wherever published or re-published: https://CBDWire.com/Disclaimer
Do you have questions or are you interested in working with CNW? Ask Our Editor
CBDWire (CBDW)
Denver, Colorado
www.cbdwire.com
303.498.7722 Office
Editor@CBDWire.com
CBDWire is part of the InvestorBrandNetwork.
