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Bullboard - Stock Discussion Forum 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... see more

CSE:CANN - Post Discussion

Heritage Cannabis Holdings Corp > Found this the other day.
View:
Post by jess2015 on Apr 10, 2024 9:38am

Found this the other day.

Any thoughts...
https://insolvencyinsider.ca/p/heritage-cannabis-holdings-corp-csecann-et-al-ccaa

Comment by mdjbrown on Apr 10, 2024 11:28am
Someone should be asking questions as it appears BJK is happy to take on Heritages assets after calling in the debt.  Tough for any company with thin margins to pay 17.2% interest.   Nice of them to act as a stalking horse purchaser! "When the companies initially obtained the loan in 2021, it had an initial interest rate of 3.7%. Subsequent amendments eventually ...more  
Comment by bober2 on Apr 11, 2024 7:12pm
BJK holdings was great supporter of Cann.  Something must have spooked them to call in the loan.  
Heritage Cannabis Holdings Corp