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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 Jun 07, 2020 7:15pm
158 Views
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.


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