{"id":395292,"date":"2020-12-08T08:33:33","date_gmt":"2020-12-08T13:33:33","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=395292"},"modified":"2020-12-08T08:33:33","modified_gmt":"2020-12-08T13:33:33","slug":"pac-roots-cannabis-corp-ceo-discusses-current-operations-and-looks-ahead-to-a-bright-2021","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/pac-roots-cannabis-corp-ceo-discusses-current-operations-and-looks-ahead-to-a-bright-2021\/","title":{"rendered":"Pac Roots Cannabis Corp. CEO Discusses Current Operations and Looks Ahead to a Bright 2021"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"left\">NEW YORK, Dec.  08, 2020  (GLOBE NEWSWIRE) &#8212; via NetworkNewsAudio \u2014 <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=IFoAtQVnWJaNN51UdH09eFmH6vuT_gHm-fHf9OyVzvKNoC8payjoLC2rqPPt1N9zbi0DxlraBqwA3VDK32G5eh-CS71hu_Tl8p3CcHFKgL0VVZMdD5N0ZVGk-yD-AF2eUrKoAft89sdk4YgmGsOSvHbFaSHEH2C8I49OlvykhSE=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">Pac Roots Cannabis Corp. <\/a><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=EVENYRXg-DnRhVbMVdXzhSItPfGJYB1_3Ub86FM-Xir4JRyyd0fyhL6IVWdDE9AZJopHXI3YStTB7gnZwZh4jQe6cJ-9ch30ot2JnIA8EOYK01xKcuyQemijTVlaLt1_da6GEWaWW94dqhMjgC3G3A==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">(CSE:\u00a0PACR)<\/a> today announces that the company\u2019s president and chief executive officer, Patrick Elliott, has been featured in an exclusive audio interview with <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=CzxrwDaxkDwauIKY7dRXonZIMBgxgTNX78dUE_c7NmWXAhBDazeCEZwxy1sHGWJhbL_npi0lEQHcQquwO4zCNuzvqno3nqqTupHgUoPGhNw=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">NetworkNewsWire<\/a> (\u201cNNW\u201d), a financial news and content distribution company and one of 50+ brands in the <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=lIjLo5czBmIZuR3sxdpda8snQb8pdmjBV8-vR8el8tOX5qhyThhH230T4DxrIjl-lkuLiCrvaXXN0lO4b1mG1Av72j_4hroIPYQSBk5e9rs=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">InvestorBrandNetwork<\/a> (\u201cIBN\u201d). During the interview, Elliott discussed milestones reached since PacRoots began trading earlier this year and looked ahead to 2021.<\/p>\n<p>The broadcast can be heard at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=lLvw7Z_qmevTXp0WQB_pFeOKjVpMjitKkPPlQGWIgAEFVccS0pC-PlQ7uAKfe5zN6dqXq93TKtPiZhawHVjJAsZTejkTUfYNYxphMXgmM3_5h7RY46FfV75PGvi0JegJLFemQZ6kM5iPq_whIjZX2g==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">The NetworkNewsAudio Interviews Podcast<\/a>.<\/p>\n<p>After describing how the company started trading in May 2020, Elliott explained PacRoots\u2019 devotion to cannabis genetics. \u201cThe company is built on genetics. We believe genetics are paramount, and we deploy these into our own projects and also lean on strategic partners with good infrastructure \u2013 land, equipment and access to more land \u2013 to subsidize costs,\u201d Elliott said.<\/p>\n<p>He then focused on the importance of generating revenue in the current year. \u201cWe quickly realized we need to be revenue generating in 2020. We entered into a joint venture project, 100 acres of outdoor hemp. It was a very timely and strategic joint venture given the outdoor season, which needs to be deployed by June,\u201d Elliott said. \u201cThe partners all contributed different assets key to this venture, so we\u2019re going to be generating revenue here in 2020.\u201d<\/p>\n<p>Elliott also discussed the locational advantages of PacRoots\u2019 operations. \u201cThe South Okanagan region of British Columbia has a lengthened growing season \u2013 about a month on either side. So, we can plant earlier and harvest later, stretching the flowering period to achieve optimum yields.\u201d<\/p>\n<p>A recent property acquisition is expected to catapult the company forward in 2021 and beyond. \u201cI believe this 250-acre asset package that we acquired in early September is a very important addition to our portfolio. It\u2019s land that is undeveloped and is owned outright by PacRoots. It provides a long development pipeline whereby we can invite and incorporate partners, which lowers our CAPEX and development costs. So, this is a massive project that will take us into 2021 and beyond.\u201d<\/p>\n<p>Please listen to the full interview with Pac Roots Cannabis Corp. President and CEO Patrick Elliott at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=u3GXS6auAiHAb9aKFWi6EmHaACOpLtHO-tCFs41SIFLsK4T_oCn3Pnq9PN2mstVVyciEiPN3e2gTyphklRYnJw==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">https:\/\/nnw.fm\/Dudhw<\/a>.<\/p>\n<p>\n        <strong>About Pac Roots Cannabis Corp.<\/strong>\n      <\/p>\n<p>Pac Roots Cannabis Corp. (CSE: PACR) is the future of genetics. By focusing on elite cannabis genetic development, the company maximizes the quality of its products by keeping yields and profit margins high. PacRoots subsidizes costs with several strategic partners: Phenome One, one of the largest live genetic libraries in Canada composed of over 350+ live cultivars as well as their JV partnership with Rock Creek Farms and Speakeasy Cannabis Club, which leverages existing infrastructure, equipment and access to land on a 100-acre hemp project. This combination has the company positioned to be cash-flow positive within its first year of trading.<\/p>\n<p>For more information, visit the company\u2019s website at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=x6QPudvRK0t7KTnbz9iVNcBnANBDqBftWtcVqunXEQ_tJQ_JULlvPVIVDgenzqVZaBxsTS1ZLR9OuYwTkyHy-A==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">www.Pacroots.ca<\/a>.<\/p>\n<p>\n        <strong>About NetworkNewsAudio (NNA) <\/strong>\n      <\/p>\n<p>\n        <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=CzxrwDaxkDwauIKY7dRXoql000dogCT12wLL8I9xv4871DVs9_bZwyE3GEss8x5dlf44C7KyXXcDvKVGarwjFpwBx4HUJzn-eFoLSI8__XBzpI5rbmTRiuRLX2qo6wuqdJtqsZYroAcnOdZUEo-Ojg==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">NetworkNewsAudio (\u201cNNA\u201d)<\/a> allows you to sit back and listen to market updates, CEO interviews and a company\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=Lhq5mn6sco714JiE77SETw6lzpc4-UHFp8UtYGt0EcgKn_zPGVhabuP1Z9SyvyAO6S0K5HoQI1Zo_81S0VXxyuNNoDwx43ucsYPXK4BI5DY=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">AudioPressRelease<\/a> (\u201cAPR\u201d). These audio clips provide snapshots of position, opportunity and momentum.\u00a0NNA\u00a0can assist your company by cutting through the overload of information in today&#8217;s market. NNA brings its Client Partners unparalleled visibility, recognition and brand awareness. NNA is just one site within our sizable family of 50+ brands within the <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=lIjLo5czBmIZuR3sxdpdaz7YPvUMWStGIyIrvjrmseTAujQ8IE4dc79ymfeZs49YRRqPqTDeHslP-sd5lw7iouELcijf_Qg632jkY-8wBtOeL2zJrOG1HEx1wnV4ioct\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">InvestorBrandNetwork<\/a> (\u201cIBN\u201d). IBN is a comprehensive provider of news and original articles; we aggregate and syndicate this content for much bigger impact. IBN also adds <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=EU58av2hDmAZCJGxhUWuUdPN7zWkTC1vy1pX7c0eDC-jqa4wYh495AKPe-IaM2n5zetl3OrmgBWQ7eucIox9BeWgCQDn1JXf_EVQxoWnwWabLYQGTJuzkPea1LpjaZ8ivRoFGPve6tssAsVGEJ8uELJGGLPboIVaIz42EM6_nmBV780LBCZyKaKi4r0Y6Gtghxs6x_I5MnONiGx6RfgKFg==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">Press Release Enhancement<\/a> and a full array of <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=SstvD3SpevLB5D1QFqxP65Kr4oFyo9wFMf5EDZvH6UPN8XEJ3M74hDw1HpxErFh-u7E6sDZ-dyywWQo1BcqPDEDRe9d95UCtUIzcIEbT9Fl5zmV3lvqHtRP1SU7ZSJ5_BPGBOZ6RrVQMed7VcyBKie18iIJdAfwArLPekjH5Ej0=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">social media communication solutions<\/a> and has amassed a collective audience that includes millions of social media followers. As a multifaceted financial news and distribution company with an extensive team of journalists and writers, IBN has the unparalleled ability to reach a wide audience comprising investors, consumers, journalists and the general public with an ever-growing distribution network of 5,000+ key syndication outlets across the nation.<\/p>\n<p>For more information, please visit:\u202f\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=_Yhx0cMMEP7SipjTHQpl9evQ062sZi8JIZ8tnZHlxwXGTz7tpvzmx4br0IBZhd5u2KOB_YeSnZNCyvxfK5r_1uc1cIx0XyOszdILVM7AErk=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">www.NetworkNewsAudio.com<\/a>\u202for\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=lLvw7Z_qmevTXp0WQB_pFY3k3EiA0lErkjl2_gDwIOmAEQVnQhQ-jIHuXU26ibHcFyvSrHCFobaFJ5qtsy6gTPJsEPVHxCNI7INYdosO2JTy4EPJDIdM-qeZK7x3rlccqKcED8FPCulVdZCf9U3L-Q==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">The NetworkNewsAudio News Podcast<\/a>\u00a0<\/p>\n<p>Please see full terms of use and disclaimers on the InvestorBrandNetwork website, applicable to all content provided by IBN, wherever published or re-published:\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=nadoXnXZ8cYzFWGFPjC6ntjbzCmUPTW1eYzNdeKj75OnW0EnXAnHiPzknhsuXJ5OW5Vul8Z2owPAGd4rFWKvKRNbwZJsXCEPuAXKyMSHZDw=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">http:\/\/IBN.fm\/Disclaimer<\/a><\/p>\n<p>\n        <strong>Forward-Looking Statements<\/strong>\n      <\/p>\n<p>This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the company&#8217;s SEC filings. These risks and uncertainties could cause the company&#8217;s actual results to differ materially from those indicated in the forward-looking statements.<\/p>\n<p>\n        <strong>Corporate Communications<\/strong>\n      <\/p>\n<p>InvestorBrandNetwork (IBN)<br \/>Los Angeles, California<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=T4Jolt1NfOYEe8qPA0gCjJG1wYNDgKc8ghgoPIhLN9UbVb4SlwJ8Vkx5Wi4F8fWewF-Gb4y22e2qZsDllDuC2Y-7S5xlQczpdqK83A2uOitG3Cr2glkI8OWBnefujyQt\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">www.InvestorBrandNetwork.com<\/a><br \/>310.299.1717 Office<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=NpBtZHsKdDMOdYpbRQOUS7noqpj0xiJkpfhzYi3qVTfCt111hi4yhknKF5lNwLVTs3Lmuy8zFOwosiHUqCw06FIuWvwOQeWn18n7tiMd1aXOYpbKuuq2iTiRasgwx7GF\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">Editor@InvestorBrandNetwork.com<\/a><\/p>\n<p \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODA5NzEwMCMzODU3MzM4IzUwMDA3MzE4NQ==\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/3213acda-dc2c-40ca-8136-8bb74af7fce6\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>NEW YORK, Dec. 08, 2020 (GLOBE NEWSWIRE) &#8212; via NetworkNewsAudio \u2014 Pac Roots Cannabis Corp. (CSE:\u00a0PACR) today announces that the company\u2019s president and chief executive officer, Patrick Elliott, has been featured in an exclusive audio interview with NetworkNewsWire (\u201cNNW\u201d), a financial news and content distribution company and one of 50+ brands in the InvestorBrandNetwork (\u201cIBN\u201d). During the interview, Elliott discussed milestones reached since PacRoots began trading earlier this year and looked ahead to 2021. The broadcast can be heard at The NetworkNewsAudio Interviews Podcast. After describing how the company started trading in May 2020, Elliott explained PacRoots\u2019 devotion to cannabis genetics. \u201cThe company is built on genetics. We believe genetics are paramount, and we deploy these into our own projects &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/pac-roots-cannabis-corp-ceo-discusses-current-operations-and-looks-ahead-to-a-bright-2021\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Pac Roots Cannabis Corp. CEO Discusses Current Operations and Looks Ahead to a Bright 2021&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-395292","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Pac Roots Cannabis Corp. CEO Discusses Current Operations and Looks Ahead to a Bright 2021 - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/pac-roots-cannabis-corp-ceo-discusses-current-operations-and-looks-ahead-to-a-bright-2021\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Pac Roots Cannabis Corp. CEO Discusses Current Operations and Looks Ahead to a Bright 2021 - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"NEW YORK, Dec. 08, 2020 (GLOBE NEWSWIRE) &#8212; via NetworkNewsAudio \u2014 Pac Roots Cannabis Corp. (CSE:\u00a0PACR) today announces that the company\u2019s president and chief executive officer, Patrick Elliott, has been featured in an exclusive audio interview with NetworkNewsWire (\u201cNNW\u201d), a financial news and content distribution company and one of 50+ brands in the InvestorBrandNetwork (\u201cIBN\u201d). During the interview, Elliott discussed milestones reached since PacRoots began trading earlier this year and looked ahead to 2021. The broadcast can be heard at The NetworkNewsAudio Interviews Podcast. After describing how the company started trading in May 2020, Elliott explained PacRoots\u2019 devotion to cannabis genetics. \u201cThe company is built on genetics. We believe genetics are paramount, and we deploy these into our own projects &hellip; Continue reading &quot;Pac Roots Cannabis Corp. CEO Discusses Current Operations and Looks Ahead to a Bright 2021&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/pac-roots-cannabis-corp-ceo-discusses-current-operations-and-looks-ahead-to-a-bright-2021\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2020-12-08T13:33:33+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODA5NzEwMCMzODU3MzM4IzUwMDA3MzE4NQ==\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/pac-roots-cannabis-corp-ceo-discusses-current-operations-and-looks-ahead-to-a-bright-2021\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/pac-roots-cannabis-corp-ceo-discusses-current-operations-and-looks-ahead-to-a-bright-2021\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Pac Roots Cannabis Corp. 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