Cannara Biotech

Valleyfield, CanadaFounded 2018

Producer & Grower OTC: LOVFF www.cannara.ca

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About Cannara Biotech

Cannara Biotech operates one of the largest indoor cannabis cultivation facilities in Quebec from its base in Valleyfield. The company leverages low-cost hydroelectric power to achieve competitive production costs and has built a strong portfolio of brands targeting the Quebec recreational market.

Key Facts

1Operates a 625,000-square-foot indoor cannabis facility in Valleyfield, Quebec
2Benefits from some of the lowest electricity costs in North America through Quebec hydroelectricity
3Tribal brand quickly became one of the top-selling premium cannabis brands in Quebec
4Strategically located to serve the Quebec cannabis market through SQDC distribution

Latest News

Cannara Biotech Tumbles 5.1% as Cannabis Stock Faces Pressure

3d ago

LOVFF shares dropped to $1.30 amid light trading volume, trading closer to annual lows as the Quebec-based cultivator navigates market challenges.

Cannara Biotech Drops 5.1% as Cannabis Sector Faces Headwinds

5d ago

LOVFF shares fell to $1.30 amid light trading volume, testing support levels near its 52-week range midpoint.

Cannara Biotech Drops 5.1% as Cannabis Volatility Persists

12d ago

LOVFF shares declined to $1.30 on modest volume, reflecting ongoing challenges in the Canadian cannabis sector amid market uncertainty.

Cannara Biotech (LOVFF) Tumbles 5.1% as Volume Remains Light

13d ago

The Canadian cannabis producer fell to $1.30 amid broader sector weakness, trading near its 52-week range midpoint.

View all LOVFF news

Frequently Asked Questions

Why is Cannara based in Quebec?

Quebec offers among the lowest electricity costs in North America due to abundant hydroelectric power. Cannara leverages this advantage to operate its large indoor cultivation facility at significantly lower energy costs than competitors.

What is the Tribal brand?

Tribal is Cannara's premium cannabis brand that has gained strong market share in Quebec, known for high-quality indoor-grown flower sold through the SQDC (Societe quebecoise du cannabis).

LOVFF Stock

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