Heritage Cannabis Holdings Corp C.CANN

Interesting tidbit on monthly progress report

[RODBUSTER]

Additionally, the Company expanded product development and is engaged in discussions with various parties to develop strategic partnerships, including expanding the distribution of medical products.

Could get interesting while we wait for Debra does Dallas to unload her remaining shares. Not sure why management just doesn’t buy her remaining shares, 3.3 million @.045. Many are just waiting for her to dump....I’m one of them

[inviolablspirit]

Well, this is starting to look like the calm before the storm with only 200 shares traded so far today.  I really think this stock is getting ready to pop IMO.  Technically and fundamentally its about time this stock begins a sustained move back into double digits.  

[RODBUSTER]

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  

[inviolablspirit]

"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

[bmeister2]

Look, inviolablspirit, I have been holding onto hope for this stock even before the concept was invented!! If the financials are NOW up to date and correct, I cannot understand why we are not double digits now when one looks at earnings as compared to any penny stock trading on the tsx. Yes,yes I know all mj stocks have sh!t the bed the past year but fundamentals don't lie. Perhaps a catalyst

[inviolablspirit]

I can understand why the stock may not be moving at the moment, even though it should after those financials.  There can be a few reasons.  1)  The current market is in the dumps and investors are not sure of buying anything a the moment, many can be scared of taking a chance after getting hit hard across the board in their other stocks and mutuals.  2) Due to number 1, many

[bober2]

I agree I have hope but we're going to have to grind through a few quarters before we see a substantial increase in the cash flow which should reflect in the price of the shares.  There is alot of shares outstanding so revenue streams that are consistent and predictable will create a buying opportunity.  Heritage is on the right path now it's patience which will reward our long

[inviolablspirit]

I can see potential investors wanting to wait a few quarters to confirm a steady revenue rate.  However, Heritage has already had two quarters of solid revenue so I don't see any reason why it would change.  As they seem to be taking greater market share I would expect the revenue for each quarter to increase.  I'm not sure if i'd be willing to wait an additional 3-6

[bober2]

We're in a bear market because we're down over 20%.  The federal reserve in the states is going to increase interest rates to fight inflation and will do so until we're down to 2%.  The Bank of Canada is going to do the same thing and fight inflation until we're down to 2%.  Both countries are trying for a soft landing but if inflation is hard to move down.then we

[inviolablspirit]

I hate to admit it, but the BOC did the right thing front loading the interest rate increase by raising it a full 100 points (1%).  The next rate increase will be in September and that amount will be determined by what consumers did after that 1% rate increase.   Did the rate increase do what it was expectet to do?  That is, bring down consumer spending and cool the housing market.

[HogansHogs]

Stop spending???? it's the damn Gov who's caused this gong show. By giving easy money out to every D ick and Sally. Encouraging lazy folk to say lazy and produce nothing. 

[inviolablspirit]

Explain.  Because I have not received any easy money from the Canadian government, not a single cent.  Neither has any family member, friend or collegue.  If you are in the US, stimulus checks were sent out by both the Trump and Biden administrations.  Neither sent checks to peope in other countries around the world, yet we are all in the same boat.  So it's far more