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 BobGreenfieldon Feb 09, 2020 9:15am

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Post# 30663769

RE:RE:Fitraders Rick not as impressed as emotional investors.

Endeavour ........ Sharples made it clear that they were blind-sided by the requirements for secure storage and logistics of product delivery ......... there were many things they did not anticipate ...... and it has caught them struggling to satisfy those requirements now.

It's not Sharples fault that a steep learning curve is seemingly part and parcel of the cannabis industry ....... it just highlights the difficulties the company is running into while trying to get revenues going.

Vault bursting at the seams ........ yes ........ the vault is too small for the requirements dictated by Health Canada. Health Canada has a way of moving the goal posts ........ or maybe ....... Health Canada won't move the goal posts and the company didn't initially quite understand where those goal posts were placed when it came to things like secure storage of pallets, packaging materials and the like ......... let alone biomass and end product.

endeavour wrote: Bob, you dont seem to get it do you? You are the only emotional one here as can easily be seen by your desperate attempts at distorting everything Management says.
Fitraders Rick seemed extremely impressed both with Clint and the company. For you to suggest otherwise is blatantly misleading.
Clint also said they will not need to raise money for the whole of 2020, so yes, you can rule that out.
They have been producing so much Biomass end product as you put it that the vault is bursting at the seems - this is a GOOD thing. It means business is booming. So look for expansion there too.