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Heritage Cannabis Holdings Corp 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 Acura001on Mar 16, 2021 8:18am
207 Views
Post# 32805967

Great news. 1M in revenue in one Week

Great news. 1M in revenue in one Week

2021-03-16 08:06 ET - News Release

 

Mr. Clint Sharples reports

HERITAGE CANNABIS ACHIEVES STRONG SALES GROWTH, REACHES FIRST MILLION DOLLAR REVENUE WEEK

During the second week of March, 2021, Heritage Cannabis Holdings Corp. saw weekly revenue exceed $1-million for the first time since the launch of its own brands in 2020. This growth was propelled by the popular brands Purefarma, Pura Vida, Premium 5 and RAD. All of these brands, plus the newly launched health and wellness brand feelgood. are gaining a healthy following as evidenced by these strong sales.

Across the country, provincial orders are steadily increasing as the Company's brands gain traction. Orders of $1 million in the course of one week were achieved despite product availability still ramping up in two of Canada's largest markets - Ontario and Alberta - and orders from Quebec still remain to come.

"This achievement is an exciting milestone for Heritage as we continue to develop and innovate new products within our already popular brands," stated, Clint Sharples, CEO of Heritage. "While there is still much more work to be done to make this a consistent outcome, we are energized by our first million dollar week in the Canadian market. We continue to make significant progress on both our medical and recreational product offerings. Expanding our international strategy in conjunction with growing larger in all Canadian provinces will continue to drive this revenue number higher in the future."

Follow Heritage's Purefarma, Pura Vida, Premium 5, and RAD brands on Instagram and Facebook for more information.

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