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Lotus Ventures (XCNQ:J) Research & Development : C$0.00 Mil (TTM As of Aug. 2023)


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What is Lotus Ventures Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Lotus Ventures's Research & Development for the three months ended in Aug. 2023 was C$0.00 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Aug. 2023 was C$0.00 Mil.

Lotus Ventures Research & Development Historical Data

The historical data trend for Lotus Ventures's Research & Development can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Lotus Ventures Research & Development Chart

Lotus Ventures Annual Data
Trend Aug13 Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22
Research & Development
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Lotus Ventures Quarterly Data
Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23
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Lotus Ventures Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Aug. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.00 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Lotus Ventures  (XCNQ:J) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Lotus Ventures Research & Development Related Terms

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Lotus Ventures (XCNQ:J) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Lotus Ventures Inc (XCNQ:J) » Definitions » Research & Development
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Traded in Other Exchanges
LV9:Germany
Address
1030 West Georgia Street, Suite 1010, Vancouver, BC, CAN, V6E 2Y3
Website
https://www.lotuscannabis.ca
Lotus Ventures Inc is a licensed cannabis producer that serves customers in Canada. The company created a purpose-built facility with proprietary standard operating procedures to reliably produce rare and high-quality strains of cannabis for consumers looking for a consistent experience.
Executives
Gary Kenneth Mathiesen Senior Officer