Heritage Cannabis Holdings Corp TRJTF

Primary Symbol: 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, 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.

PINL:HERTF - Post by User

Heritage Cannabis Holdings Corp

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Comment by NEWBIEVESTORon Mar 20, 2018 3:23am

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Post# 27744436

RE:3 million sqf =300 million gram

Market will be saturated long before these guys get their 3 million expansion. When that happens only the low cost producers will prevail. Competition and over supply will bring prices down. Think of dope at $4.50/gram. $1 goes to the government, these guys haven't announced what their cost of production will be. Going by the industry average $1.80, dispensaries take a piece. Your left with $1.50gram? Then 40% is taxed and you get $1. Still have to pay the CEO and his teams salaries.

This was a great stock when it was cheap but I happily exited at $0.69. The low cost producers will be the ones that grow long term.

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