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 Jan 22, 2019 8:46pm

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Post# 29268039

RE:RE:RE:Leamington is a mere $66,000,000 to exercise option.

That's just to get it. How about the cost of retro-fitting? O wait.

The Guru Crew will pump it up so they can unload more paper into the market orrrrrrrrrrr better still, do a rollback, get new financing, create more dilution then rinse and repeat.

LOL

BobGreenfield wrote: Probie24 ....... cash or shares ..... those are the options. How do you raise the cash ........ oh chit ..... shares.

So doesn't matter how you cut it ........... mega-dilution to exercise the option and do the retrofits required.

"Through its subsidiary, Cannacure, the Company holds an option to purchase an 118 acre greenhouse in a Leamington, ON facility (the “Leamington Facility”) for $66 million which expires August 30, 2019. The Company intends to retrofit the significant 3.485 million sq. ft. state-of-the-art automated hydroponic greenhouse that includes 211,000 sq. ft. supportive infrastructure from vegetable production to cannabis production in separate phases to ensure success in each phase. Utilizing greenhouses as a cost-effective option will increase production while substantially reducing operational costs. If the Company exercises its option to purchase the Leamington Facility it will seek to rezone the property. To date this option is in good standing."

Probie24 wrote: You don’t know what plans, if any are being made. So p!ss off until you find out.