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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 inviolablspiriton Jul 08, 2022 11:56am
136 Views
Post# 34811123

RE:RE:RE:Interesting tidbit on monthly progress report

RE:RE:RE:Interesting tidbit on monthly progress report
RODBUSTER wrote: Could happen.....they doing all the right moves

https://www.businesswire.com/news/home/20220511005617/en/Heritage-Cannabis-Announces-Corporate-Update-and-Highlights-Significant-Sales-Growth-Market-Share-and-Growing-Distribution
 



"Could" happan, no I think it WILL happen.  They are a cash flow/EBITDA positive company.  It's inevitable that this stock climbs.  If an investor is looking at cannabis companies to invest in, do you pick companies that continue to hemmorage cash or look at the ones with positive cash flow? And at the current price, how could one not like this stock.  Like I said, I don't think it remains below five for much longer.  We keep creeping up and soon we'll be trading between five cents and six cents.  Even at those prices it's still a bargin in my opinion.  Especially when we will be back in the double digits.  

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