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Lotus Ventures Inc
Symbol J
Shares Issued 57,373,931
Close 2018-05-16 C$ 0.365
Market Cap C$ 20,941,485
Recent Sedar Documents

ORIGINAL: Lotus Ventures appoints Hyde as adviser

2018-05-16 19:14 ET - News Release

Received by email:

File: Lotus Ventures DavidHydeNewsRelease May 17 2018 fin.docx

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

/

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

Canadian Securities Exchange:  Symbol J 

Vancouver, British Columbia - May 17, 2018


Lotus Ventures: Appointment of David Hyde as Adviser to the Company
 
The Company has appointed David Hyde of David Hyde & Associates as an adviser to the company. In addition, David will 
--->continue in his role as consultant on the company's late stage license application before Health Canada. We are deligh
--->ted to have David remain involved in our exciting future, as he has been instrumental in assisting us to our late-stag
--->e status with a Confirmation of Readiness.

About Lotus Ventures

Lotus Ventures Inc. ("Lotus" or the "Company") has achieved a major milestone with the receipt from Health Canada of t
--->he Confirmation of Readiness for a License Under the Access to Cannabis for Medical Purposes Regulations (ACMPR). This
---> represents acceptance of our detailed application. Lotus' construction of its 22,500-square foot purpose-built indoor
---> growing facility in Armstrong, B.C. is in full force and will be completed in August 2018. The company has sufficient
---> capital to finish the construction of the facility, and to exercise its option to acquire the 23 acre Armstrong prope
--->rty in June 2018. The next milestone is receipt of the Cultivation Licence which will allow Lotus to begin growing can
--->nabis. This will be granted once construction is finished and then a "Sale License" will be issued after the first two
---> crops have been grown successfully.

About David Hyde & Associates

David Hyde & Associates is a full-service cannabis security & licensing advisory service based in Toronto & operating 
--->internationally. The firm offers security & strategic licensing advisory services based upon a defensible framework of
---> applicable laws, regulatory standards and industry best practice. The 13-member David Hyde & Associates team has exte
--->nsive experience consulting within the regulated cannabis sector in Canada & beyond & is proud to have been the first 
--->Associate Member of the Cannabis Canada Association.

About David Hyde

David Hyde, M.Sc. CPC is one of Canada's top independent security consultants. He's an industry-recognized leader & tr
--->usted senior advisor to many large organizations. Over a 32-year career, David has operated an award-winning business,
---> secured some of Canada's most iconic landmarks & led the security program for a $19 billion global corporation with 6
--->0 million sq. ft. of facility assets. He is one of only 4 Canadians to be accepted as a member of the world-renowned I
--->nternational Association of Professional Security Consultants (IAPSC).
David holds a M.Sc. (w/Distinction) in Security & Risk Management from the University of Leicester and Certificate in 
--->Security Management from the University of Calgary. He completed The Wharton School Development Program for Security E
--->xecutives and is a Certified Advanced Level Crime Prevention (CPTED) Practitioner. David is a sought-after writer, spe
--->aker & thought leader within Canada's cannabis industry. He is the only Canadian member on the Security Committee for 
--->the Foundation of Cannabis Unified Standards.

Over the past 5 years, David and his team have worked on over 290 licensed producer (LP)  and licensed dealer (LD) app
--->lications under the MMPR/ACMPR/NCR, including 57 of the 104 currently-licensed LPs.


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

For further information: Dale McClanaghan: dalemcclanaghan@gmail.com (604) 644-9844 or Daniel McRobert, Communications
---> danielmcrobertt@gmail.com (604) 842-4625







File: Lotus Ventures DavidHydeNewsRelease May 17 2018 fin.pdf

         NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR
                  DISSEMINATION IN THE UNITED STATES




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

Canadian Securities Exchange: Symbol J

Vancouver, British Columbia   May 17, 2018


      Lotus Ventures: Appointment of David Hyde as Adviser to the Company

The Company has appointed David Hyde of David Hyde & Associates as an adviser to the
company. In addition, David will continue in his role as consultant on the company's late
stage license application before Health Canada. We are delighted to have David remain
involved in our exciting future, as he has been instrumental in assisting us to our late-stage
status with a Confirmation of Readiness.

About Lotus Ventures

Lotus Ventures Inc. ("Lotus" or the "Company") has achieved a major milestone with the
receipt from Health Canada of the Confirmation of Readiness for a License Under the
Access to Cannabis for Medical Purposes Regulations (ACMPR). This represents
acceptance of our detailed application. Lotus' construction of its 22,500-square foot
purpose-built indoor growing facility in Armstrong, B.C. is in full force and will be
completed in August 2018. The company has sufficient capital to finish the construction of
the facility, and to exercise its option to acquire the 23 acre Armstrong property in June
2018. The next milestone is receipt of the Cultivation Licence which will allow Lotus to
begin growing cannabis. This will be granted once construction is finished and then a "Sale
License" will be issued after the first two crops have been grown successfully.

About David Hyde & Associates

David Hyde & Associates is a full-service cannabis security & licensing advisory service
based in Toronto & operating internationally. The firm offers security & strategic licensing
advisory services based upon a defensible framework of applicable laws, regulatory
standards and industry best practice. The 13-member David Hyde & Associates team has
extensive experience consulting within the regulated cannabis sector in Canada & beyond
& is proud to have been the first Associate Member of the Cannabis Canada Association.

About David Hyde

David Hyde, M.Sc. CPC is one of Canada's top independent security consultants. He's an
industry-recognized leader & trusted senior advisor to many large organizations. Over a
 32-year career, David has operated an award-winning business, secured some of Canada's
most iconic landmarks & led the security program for a $19 billion global corporation
with 60 million sq. ft. of facility assets. He is one of only 4 Canadians to be accepted as a
member of the world-renowned International Association of Professional Security
Consultants (IAPSC).

David holds a M.Sc. (w/Distinction) in Security & Risk Management from the University
of Leicester and Certificate in Security Management from the University of Calgary. He
completed The Wharton School Development Program for Security Executives and is a
Certified Advanced Level Crime Prevention (CPTED) Practitioner. David is a sought-
after writer, speaker & thought leader within Canada's cannabis industry. He is the only
Canadian member on the Security Committee for the Foundation of Cannabis Unified
Standards.

Over the past 5 years, David and his team have worked on over 290 licensed producer
(LP) and licensed dealer (LD) applications under the MMPR/ACMPR/NCR, including
57 of the 104 currently-licensed LPs.


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

For further information: Dale McClanaghan: dalemcclanaghan@gmail.com (604) 644-9844 or
Daniel McRobert, Communications danielmcrobertt@gmail.com (604) 842-4625
 


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