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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 > Interesting tidbit on monthly progress report
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Comment by inviolablspiriton Jul 12, 2022 2:05am
186 Views
Post# 34817129

RE:RE:RE:RE:RE:RE:RE:Interesting tidbit on monthly progress report

RE:RE:RE:RE:RE:RE:RE:Interesting tidbit on monthly progress report
bober2 wrote: I agree I have hope but we're going to have to grind through a few quarters before we see a substantial increase in the cash flow which should reflect in the price of the shares.  There is alot of shares outstanding so revenue streams that are consistent and predictable will create a buying opportunity.  Heritage is on the right path now it's patience which will reward our long term investors.  


I can see potential investors wanting to wait a few quarters to confirm a steady revenue rate.  However, Heritage has already had two quarters of solid revenue so I don't see any reason why it would change.  As they seem to be taking greater market share I would expect the revenue for each quarter to increase.  I'm not sure if i'd be willing to wait an additional 3-6 months, just to confirm the obvious.  Based on the low volume clearly institutions are not buying at the moment.  However, when they do those shares can easily be sucked up.
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