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Heritage Cannabis Holdings Corp C.CANN

Alternate Symbol(s):  HERTF

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.


CSE:CANN - Post by User

Comment by endeavouron Feb 29, 2020 9:58pm
73 Views
Post# 30752132

RE:Straight line ?

RE:Straight line ?Bob, you are purposefully being misleading. I am sure you know that $3.3 million was for barely a few weeks work out of the entire Quarter. Q1 will be the first full quarter of revenue so expect likely a double for starters, say $7m. And this will only increase every Quarter as more deals are signed and the additional machines come online. Plus, they will be selling their own products directly within the next few months and margins will naturally be higher on these, so expect the $7m a Quarter to ramp up very quickly, potentially could be hitting $10m to $15m a quarter soon after that. Try multiplying that by 4 and see what you get. 
And all this is just for starters based on known information. Wait until they sign some big cbd deals!
So, back to PI - Heritage handily beat expectations. You simply cannot claim anything else.

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