Lotus Ventures Inc. announce the issuance of the company’s Standard Processing licence. In accordance with the Cannabis Act and Cannabis Regulations, the company is now authorized to possess, produce, and sell cannabis directly to provincial distributors in Canada. The Processing licence is in addition to the company’s currently held Standard Cultivation and Medical Sales licences which authorize the company to sell cannabis on a business-to-business wholesale basis or directly to registered medical patients. The company plans to utilize the Processing licence to initially offer Lotus Cannabis Co.™ branded Kalifornia pre-rolls. The company expects to launch the offering on the west coast to start, connecting company's community with local products grown in B.C. The Processing licence also provides Lotus with the ability to sell additional classes of cannabis such as extracts, concentrates and edibles.