Heritage Cannabis Holdings Corp C.CANN

No response from Market!

[Shinwa]

I was expecting 12-13 M based on their previouse New release... but today  a kind of disappinted!

[bober2]

Shinwa, the revenues are bit better then the last quarter but the stock price doesn't reflect that.  We'll have to wait for the next quarter to see if there is an inprovement in the stock price.  It's a grind going from quarter to quarter but we have no alternative.  Good luck to all the longs.  

[bober2]

Shinwa, to much stock out and the revenues are not high enough.

[Shinwa]

Baber; I know, they must stop further dilution if they really care about shareholders, which I don’t believe they do. We supported them for so many years now it is our turn to pay us back. We lost more than 80-90 % of our hard-earned money in this gamble…Now they should do something for shareholders.

[bober2]

Shinwa, I think the earnings came out for the third quarter.  Not bad but the stock price doesn't move on any good news.  The markets are in a bear market and that doesn't help and we're in for a nasty recession starting in the first quarter of 2023.  They want to roll back the stock but they are waiting for an improvement in the ithe stock market.

[bober2]

Shinwa, Are only hope is when the markets come back.  Clint buried us with all the companies he bought with shares.  Hopefully the new co can work his magic and take the stock to prime time.  Clint has two million shares and he's wealthy so he won't get hurt.  

[Shinwa]

Baber; We don’t have any other option except to wait and see. I think their business strategy is working now, I would love to see a few more facilities opening in the US. As we know, the US is 10 times bigger market than Canada. Hopefully legalization will also happen in a year or so. Today's market is very bad, that's why we don’t see any movement.

[bober2]

Shinwa, I just talked to my insider yesterday.  Four more rate increases to reach the 2% inflation target.  First quarter of 2023 we're going into a nasty recession.  The index could go from 29,000 thousand to 15,000 thousandwhich equates to possible 30% correction.  Biden and democratics want to legalize weed but the mid terms may make him a lame down president until he

[bober2]

Shinwa, I agree the market is bad and that affects the price of Heritage's stock.    The amount of stock issued and oustanding is a damper as well.  If we can catch a dollar before a rollback that would help to give the long time shareholders an exit strategy.  It will happen but who knows when.

[Shinwa]

Baber; Lets keep our finger crossed!

[bober2]

Shinwa, are toes as well.

[Shinwa]

Baber;  Exiting times ahead.... Buckle up!

[bober2]

Shinwa, Clint emailed this morning.  He's working on a big project which will help increase shareholder value.  He said mj sector is down in the dumbs nothing will happen in short term unless the US legalize mj.  He said revenues are increasing and consoldiation is not in the cards until the instuitions get involved does that mean possible buy out who knows.  I hope they

[Shinwa]

Thanks for sharing this info Baber! I am also not expecting anything in the short term based on the overall market. I am optimistic things will change positively; it is just a matter of time.