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Bullboard - Stock Discussion Forum Heritage Cannabis Holdings Corp HERTF

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... see more

PINL:HERTF - Post Discussion

Heritage Cannabis Holdings Corp > Great news. 1M in revenue in one Week
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Post by Acura001 on Mar 16, 2021 8:18am

Great news. 1M in revenue in one Week

2021-03-16 08:06 ET - News Release

 

Mr. Clint Sharples reports

HERITAGE CANNABIS ACHIEVES STRONG SALES GROWTH, REACHES FIRST MILLION DOLLAR REVENUE WEEK

During the second week of March, 2021, Heritage Cannabis Holdings Corp. saw weekly revenue exceed $1-million for the first time since the launch of its own brands in 2020. This growth was propelled by the popular brands Purefarma, Pura Vida, Premium 5 and RAD. All of these brands, plus the newly launched health and wellness brand feelgood. are gaining a healthy following as evidenced by these strong sales.

Across the country, provincial orders are steadily increasing as the Company's brands gain traction. Orders of $1 million in the course of one week were achieved despite product availability still ramping up in two of Canada's largest markets - Ontario and Alberta - and orders from Quebec still remain to come.

"This achievement is an exciting milestone for Heritage as we continue to develop and innovate new products within our already popular brands," stated, Clint Sharples, CEO of Heritage. "While there is still much more work to be done to make this a consistent outcome, we are energized by our first million dollar week in the Canadian market. We continue to make significant progress on both our medical and recreational product offerings. Expanding our international strategy in conjunction with growing larger in all Canadian provinces will continue to drive this revenue number higher in the future."

Follow Heritage's Purefarma, Pura Vida, Premium 5, and RAD brands on Instagram and Facebook for more information.

Comment by moregreenplease on Mar 16, 2021 9:12am
This is solid good news. Sales and profit will be the biggest factors to boost share price in the future and these numbers will surely help!
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