Heritage Cannabis Holdings Corp 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.

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Heritage Cannabis Holdings Corp

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Comment by PumperStalkeron Jul 16, 2018 10:06pm

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Post# 28324701

RE:RE:RE:RE:RE:Interesting trading today...

Why wiill the cultivation license move this stock when it hasn't moved the share values of any of the others that have recently obtained their cultivation licenses?

Will the Guru Crew's pump antics work harder so they can take their profits a nickle higher than the share value us now?

Probably.

Longongreen wrote: There have been 22 new licenses granted by HC this year plus another 7 licences given to new sites for existing LPs. That is less than one new license a week this year. HC was supposed to have sped up the granting of licenses but instead, they have made the process even more onerous than it was before. Overall, HC has granted 113 licences to new and existing LPs. In contrast, Colorado has close to 1500 between medical and rec. So Canada has not nearly enough providers! And, considering that HC has seemingly made it much more difficult to obtain a license, they are even more valuable than they were before. Now the cultivation license is not the holy grail but it does de-risk the investment for holding and potential shareholders alike. The real prize is the sales license as it is the path to revenue and earnings.

All that to say don't be shocked if the cultivation license moves this stock. Licences are granted at the end of the day on Fridays. Here's hoping this is Heritage's week.

kijiji wrote: if the licence comes tomorrow.... who wants to bet it doesnt move the stock by more than a few pennies then everyone trapped here would flee for the exits.. with the end result being no gain or down a bit. Licence doesnt provide the big boost now like it did a few years ago... too many licences are out there.