Heritage Cannabis Holdings Corp TRJTF

Primary Symbol: 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.

PINL:HERTF - Post by User

Heritage Cannabis Holdings Corp > CANN.C. Support should follow with theses numbers

<< Previous

Bullboard Posts

Next >>

Post by Charts1on Jul 02, 2021 8:02am

315 Views

Post# 33481027

CANN.C. Support should follow with theses numbers

Revenue climbed to a record $4.6M in the second quarter of 2021, up 251% from the $1.8M reported in the previous quarter and 338% from the same period the prior year.
Gross profit increased to a record $1.5M, with gross margins improving to 32% from 28% in Q1 2021.
SG&A costs as a percentage of revenue dropped to 66% in the second quarter of 2021, compared to 142% in the first quarter of 2021.
Strong Balance sheet with net working capital of $25.3M, and cash increasing to $11.0M as of April 30, 2021, bolstered by a successful equity offering which closed during the quarter.

<< Previous

Bullboard Posts

Next >>

Sirios Resource discovers visible gold in Quebec