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Heritage Cannabis Holdings Corp 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 3:05pm
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Post# 35968532

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

RE:RE:RE:RE:RE:RE:RE:RE:New Press Release - Heritage Cannabis Obtains Creditor Protection to Pursue Restructuring and Sales ProcessAt these prices the company shouldn't have a tough time finding a buyer.  I still think WEED would be a top candidate for a buyout.  

In the end, investors can probably thank the good old Canadian Government for killing off these cannabis companies.  I suppose they never stood a chance. The government was extremely greedy in taxing cannabis companies.  With 12% profit margin it was very difficult for any of these companies to survive.  What a same.  More lost jobs, less Canadian businesses and products and in the end less taxes for the government.  Add in the naked shorting that went on throughout the years, the Canadian government sure knows how to screw themselves and us.  
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