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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 > New Press Release - Heritage Cannabis Obtains Creditor Protection to Pursue Restructuring and Sales Process
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Comment by inviolablspiriton Apr 03, 2024 2:31am
140 Views
Post# 35966815

RE:RE:RE:RE:RE:New Press Release - Heritage Cannabis Obtains Creditor Protection to Pursue Restructuring and Sales Process

RE:RE:RE:RE:RE:New Press Release - Heritage Cannabis Obtains Creditor Protection to Pursue Restructuring and Sales ProcessHeritage seems to have good products and has access to all provinces and 2 territories in Canada and is operating in the US.  It seems like a very possible takeout candidate at these low prices.  So a possible scenario would be the sale of the company through the SISP, where David probably gets a BOD position in the company that takes them over, the lenders get their money back, new investors double or triple their investment on the sale from buying at these current prices and long-term shareholders/supporters unfortunately get the shaft and take the loss.  
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