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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

Comment by BobGreenfieldon Feb 28, 2020 10:36pm
71 Views
Post# 30750172

RE:RE:Straight line ?

RE:RE:Straight line ?Diligentson ........ PI Financial didn't include those potentials in their projections.

Clearly the company did not meet expectations based on the metrics PI Financial used .......... it's all in the details.



RodisButthurt wrote: That would be CURRENT capacity, Bobby. It also doesn'taccount for the increased margins on the New World Oil private label.
BobGreenfield wrote: Voyage and Cannacure at 65% of planned capacity ring in $3.3 million in revenue in a quarter ....... so say $5 million going full tilt of planned capacity (100%).

$20 million in revenue over 4 quarters (FY20) at current max capacity.

PI Financial projected more than double.

 




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