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File: Attachment Lotus Ventures News Release Q2 2020 late filing.pdf

Suite 1010   1030 West Georgia Street, Vancouver, British Columbia V6E 2Y3

Canadian Securities Exchange: Symbol J

Vancouver, British Columbia   April 30, 2020



            Lotus Ventures to Report 2nd Quarter Results
Vancouver, BC, April 30, 2020 - Lotus Ventures Inc. (CSE: J) (FRA: LV9) (OTC:
LTTSF) ("Lotus" or the "Company") announces that it has postponed filing its Q2 2020
interim financial statements, management's discussion and analysis and management's
certifications of quarterly financials for the period ended February 29, 2020 due to a brief
delay caused by the COVID-19 pandemic. The filing deadline was April 29, 2020.

The Company expects to make these filings before May 5, 2020

ON BEHALF OF THE BOARD:
Lotus Ventures Inc.
"Dale McClanaghan"
Dale McClanaghan, President and CEO

About Lotus Ventures Inc.
Lotus Ventures Inc is the publicly traded licensed producer that owns Lotus Cannabis Co,
a premium cannabis brand in Canada. The Company is a craft grower at scale focused on
cultivating cannabis that resonates with consumers. Lotus operates an innovative purpose-
built facility with unique proven strains, and an entirely handcrafted production process
created by one of the region's most experienced growing teams.

For Further Information:
Dale McClanaghan
President & CEO
dalemcclanaghan@gmail.com
604-644-9844

Daniel McRobert
Investor Relations
investors@lotuscannabis.ca
604-842-4625

To learn more, visit https://lotuscannabis.ca/ or follow us on Twitter: @lotuscannabisco
Facebook: @lotuscanna Instagram: @lotuscannabisco LinkedIn: @lotuscannabisco
 Forward Looking Information:
The information contained within this news release has been prepared by Lotus Ventures
Inc. Lotus Ventures Inc. owns Lotus Cannabis Co., a premium cannabis brand in Canada.
This document includes certain statements that are not descriptions of historical facts but
are forward-looking statements. Such statements include, among others, those concerning
our expected financial performance and strategic and operational plans, our future
operating results, our expectations regarding the market for medical and recreational
cannabis products, our expectations regarding the continued growth of the medical and
recreational cannabis market, as well as all assumptions, expectations, predictions,
intentions or beliefs about future events. Users are cautioned that any such forward-looking
statements are not guarantees of future performance and that a number of risks and
uncertainties could cause our actual results to differ materially from those anticipated,
expressed or implied in the forward-looking statements. These risks and uncertainties have
not been documented or mentioned in this document nor other communications made by
the company. The words "believe," "expect," "anticipate," "project," "targets,"
"optimistic," "intend," "aim," "will" or similar expressions are intended to identify forward-
looking statements. All statements other than statements of historical fact are statements
that could be deemed forward-looking statements. The Company assumes no obligation
and does not intend to update any forward-looking statements, except as required by law.

The Canadian Securities Exchange does not accept responsibility for the adequacy or
accuracy of this release.