PINL:HERTF - Post by User
Comment by
BobGreenfieldon Jun 07, 2020 7:15pm
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Post# 31122403
RE:RE:RE:Red again
RE:RE:RE:Red againWas Sharples frugal in acquiring Puravida or was fair value finally a requirement of an acquisition?
Cannacure was a bloated pig of a deal. Heritage paid way too much for that acquisition ...... basically an extremely over priced real estate acquisition soaked in the hype of cannabis.
The Cannacure deal is exactly why the stock gets played so hard and it can't garner any sustainable traction or credibility.
Paper awash is the issue.
inviolablspirit wrote: The business model is solid. Heritage will be one of the few cannabis stocks that will start posting a profit within the year of getting their sales license which is something few, if any, cannabis stocks have been able to do. Heritage conitnues to make great aquisitions and partnerships. Heritage made a sweet aquitsition for $75000; you have to give Clint credit for not overpaying like so many other cannabis companies do for aquisitions.
I think Hertiage is a real threat to many of the already established cannabis stocks. I wouldn't be surprised if a few of those companies have shares in Heritage and everytime the stock gains traction they put downward pressure on the stock. A few of the bashers are probably hired by them too.
I've said it many times before Heritage is one of those few companies I feel comfortable investing in and not too worried about the outcome of this company. Clint has built a real winner with this one. Once they start posting some great numbers, I feel this company may also be a strong candidate to be aquired by a larger producer. I'm not sure how I feel about that.
Hertiage will be producing high value (quality and price) products in both the rec and med market and are backed by the best extraction team in the industry. Regardless of what the bashers say even other companies have mentioned the expertise of Purefarma. They have great strategic locations to cover and deliver their product throughout the country. Product margins should be top in the industry and thier network into the US through Empower will provide additional revenue in the future. Especially with Empowers Dosed Wellenss division that has been recently added. Exciting future for this company and it's shareholders.