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Heritage Cannabis Holdings Corp TRJTF


Primary Symbol: HERTF

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

Post by BobGreenfieldon Feb 07, 2020 9:18pm
38 Views
Post# 30661305

Sharples conflicting cash on hand description.

Sharples conflicting cash on hand description.Midas Letter tapes an interview with Sharples on what was reported on CEO.ca to be on Monday or Tuesday ........ Jan.27 or 28.

Midas Letter broadcasts  the interview on Friday ...... Jan.31

In the Midas Letter interview Sharples says the company had about $8 million in cash with zero debt but that was going to change as the company was going to take on some debt shortly.

Monday ......... Feb.3 ......... Sharples puts out a press release detailing a debt facility of which it is disclosed the first tranche of $4,875,000 was advanced to the company on Thursday ....... Jan.30 ....... the day before Midas Letter broadcasts the interview with Sharples.

Sharples interview today discloses that the company has about $8,000,000 in cash inclusive of the first tranche of earlier received debt monies and would have about $10,000,000 cash after the second tranche of $2,000,000 or so.

Seems to be some conflicting information. Sharples might want to provide clarity to this issue.



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