Heritage Cannabis Holdings Corp C.CANN

Alternate Symbol(s): HERTF

Healthcare Cannabis

Heritage Cannabis Holdings Corp. is a Canada-based cannabis company offering products to both the medical and recreational legal cannabis markets in Canada and the United States. It focuses on extraction and the creation of extract and extract-derivative products and brands for adult use and cannabis-based medical solutions. It has a portfolio of cannabis products under the brands Purefarma, Pura Vida, RAD, Premium 5, Thrifty, Adults Only, feelgood., the CB4 suite of medical products in Canada and ArthroCBD in the United States. In Canada, it operates through its subsidiaries, Heritage Cannabis West Corporation (Heritage West) and Heritage Cannabis East Corporation (Heritage East). Heritage West holds a Health Canada issued cultivation, processing, and medical and adult use sales license, as well as an industrial hemp license, a cannabis oil sales license, and a cannabis research license. In the United States, it operates through, Opticann Inc., an oral and topical cannabinoid company.

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Heritage Cannabis Holdings Corp

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Comment by walkingredon Nov 20, 2018 8:59am

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Post# 28998673

RE:Clint Sharples

First Growth Management Inc. is a venture capital and private equity firm specializing in growth capital for expansion, partner buyout, debt position buyout, small to growth and mid-sized asset-based and early stage public companies. The firm seeks to Invest in struggling service based businesses or start-up companies which are service based, but require assets for secondary investments and Minor turnaround situation which can be accomplished inside 12 month period. It seeks to invest in old economy industries in service based businesses which require significant assets to perform the services and fragmented but stable industries (primary investments). It seeks to invest in industrial, manufacturing, oil and gas, rental services, and environmental. The firm seeks to invest in Canadian or American based businesses. The firm seeks to invest between CAD 0.1 million ($0.08 million) and CAD 5 million ($3.81 million) from early-stage development onward and till CAD 2 million ($1.52 million) initially. It prefers to take active and passive roles in the companies it invests in. It seeks to include board or management involvement, not necessary to have control. The firm seeks to Invest in cash flowing businesses which will yield an annual ROI of >15%. The firm seeks to exit within four- seven years for primary investments and between three to five years for secondary investments. First Growth Management Inc. was founded in 2005 and is based in Toronto, Canada and has an additional office in Kelowna, Canada.

If you look on the website as well, him being on the board falls exactly in line with their investment criteria.

Vibe-op wrote: I think we all need to remember that Clint is a partner in First Growth Management which specializes in partner buyout and debt position buyouts.
A little backstory...Clint was EVP of Superior Management Group untill it's sale to IFCO Systems...he then became President of IFCO and led a management buyout creating Paramount Pallet Inc. which he served as CEO untill it's buyout.
I am not trying to state any facts,,,take it as you wish.