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.

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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 6:40pm

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

At WEED's current price of $14.67 they could buy CANN for two cents (i.e. market cap = $21.16 million) and it would cost WEED 1.44 million shares of dilution. At 3 cents (market cap = $31.74 million) and it would cost WEED 2.16 million shares of dilution. That's nothing for WEED to dilute their stock 1.4 to 2.16 million or even a little more to take over CANN.

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