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Heritage Cannabis Holdings Corp. (UMBBF)

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Last Post: 4/17/2018 8:13:32 PM - Followers: 10 - Board type: Free - Posts Today: 0



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Welcome to Heritage Cannabis Holdings Corp.

Heritage was created as a holding company, designed to acquire, in whole or in part, various cannabis related companies or projects. The Company believes the marijuana industry will be lucrative in many aspects, and will focus on leveraging its expertise and contacts to forward projects deemed prospective. Although no other transactions are currently signed, the strategic plan calls for multiple avenues of potential expansion for the Company. 

Heritage Cannabis Holdings Corporate Update

Vancouver, B.C. / TheNewswire / January 18, 2018 - HERITAGE CANNABIS HOLDINGS CORPORATION (CSE: CANN) ("Heritage" or Company") is pleased to provide a corporate update following the Change of Business process recently undertaken in changing from Umbral Energy Corp. and becoming a fully compliant Cannabis issuer.


As previously announced by the Company, its 75% owned subsidiary, PhyeinMed Inc. ("PhyeinMed") a Health Canada late stage applicant under the ACMPR (Access to Cannabis for Medical Purposes Regulations), began the Phase 1 build out of their existing 15,500 sq ft facility, in Falkland, BC in the Fall of 2017, with an expected completion date of early to mid February 2018. Construction is progressing according to plan and is expected to come in on time and on budget.

"Our general contractor and construction staff have been working hard to ensure we meet our targets, and we've encountered few surprises of any significance." says Clint Sharples, Chairman of Heritage, "I personally toured the facility this week and am very happy with our progress. We sincerely appreciate the support we've received from the local area and we are proud to be a member of this great community"

Pictures and video of the build are currently being compiled, along with the proper narrative to support the information necessary for the submission of the evidence package to Health Canada. Under direction of our security adviser David Hyde of David Hyde and Associates, PhyeinMed has contracted a local security company which will provide security equipment and subsequent reports to support initial Master Security Plan which was presented to the Offices of Medical Cannabis in our initial application.

During construction each area of interest has been supported by Evidence of Good Production Practices (GPP) along with photographic proof. Once the site perimeter construction has been completed the composition of the requirements will be finalized to complete the evidence package which will be submitted to the Offices of Medical Cannabis. Once reviewed and determined to their satisfaction that there is a functioning facility at the site address, a production licence is expected to be issued shortly thereafter.

Phase 2 construction on the two-story new build addition is scheduled to be begin the week of January 22nd, 2018, and will be started in conjunction with the completion of Phase 1. The Company is targeting a completion date in late Spring 2018. Upon completion, PhyeinMed will have nearly 38,000 sq ft of growing space and grow rooms will be brought into production by June 2018.

Additional phases of facility growth, targeting 420,000 sq ft of production for the Falkland project are set to commence according to the strategic plan once the Spring thaw is complete and access to the remaining property is open.

About Heritage Cannabis Holdings Corporation

The Company is currently listed as a marijuana issuer having a 75% interest in PhyeinMed Inc, a Health Canada late stage applicant under the ACMPR (Access to Cannabis for Medical Purposes Regulations). It is a parent and development company with strategic plans to continue to acquire Cannabis related companies.


"Jag Bal"

Jagdip Bal

President and CEO

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#89   weed stocks seem in a slumber for the abrois 04/17/18 08:13:31 PM
#88   CANN.c Heritage's Subsidiary PhyeinMed Signs Amended Agreement With howestreetbull 04/05/18 08:23:55 AM
#86   Trump suggests death penalty for opioids trafficking, , abrois 03/20/18 12:43:19 PM
#85   by @thenewswire on March 19, 2018 howestreetbull 03/19/18 09:16:48 AM
#84   by @thenewswire on March 19, 2018 howestreetbull 03/19/18 09:16:47 AM
#83   that's great news , liscence at the beginning abrois 03/15/18 03:41:59 PM
#82   by @thenewswire on March 15, 2018 howestreetbull 03/15/18 01:57:48 PM
#81   Believe the weed sector is beginning it's pre-legalization abrois 03/07/18 02:39:27 PM
#80   Heritage Cannabis Holdings to Apply for Three Retail howestreetbull 02/08/18 06:41:49 AM
#79   quite the weedbound,,,, abrois 02/05/18 10:43:03 AM
#78   This board is for you ... JohnCM 02/02/18 03:21:24 PM
#77   Heritage Cannabis Holdings To Build 3.0 Million Square howestreetbull 02/02/18 09:14:06 AM
#76   cryptos and weed stocks (cad) started thier correction abrois 02/02/18 07:54:57 AM
#75   sell-off rate accross the spectrum today,,, abrois 01/30/18 03:46:12 PM
#74   Aphria to buy Nuuvera for $826m ($670m us) abrois 01/29/18 07:04:29 PM
#73   appears to be adopting the same trading pattern abrois 01/29/18 03:04:23 PM
#72   They found their MoJo now. Good thing most JackAskSlap 01/29/18 10:16:57 AM
#71   Heritage Cannabis Holdings Announces Phase 2 construction and abrois 01/29/18 10:09:41 AM
#70   good choice , abrois 01/28/18 08:55:35 PM
#69   I saw the word lithium...and have a play motorcityAce 01/28/18 08:39:11 PM
#68   That's interesting lithium. They must have been miserable JohnCM 01/28/18 07:43:34 PM
#67   i got in as a lithium play a abrois 01/28/18 06:10:22 PM
#66   The only thing good about this company is JohnCM 01/28/18 02:39:12 AM
#65   Small fry playing catch up after switching business strategies. JohnCM 01/28/18 02:35:57 AM
#64   GREY SHEET. At least they are DTC eligible. JohnCM 01/28/18 02:31:15 AM
#63   nice move today, getting a lot of attention abrois 01/24/18 07:25:06 PM
#62   Use the CSE link in the ibox PotterBanker 01/24/18 11:02:57 AM
#61   I know the name, Umbrel. That is nice JohnCM 01/24/18 10:44:58 AM
#60   Nobody better, imo greenwillow 01/24/18 10:33:04 AM
#59   Late stage applicant with Hyde on the job. PotterBanker 01/24/18 10:30:53 AM
#58   Thing always seem to got "Right" when Hyde greenwillow 01/24/18 10:27:56 AM
#57   David Hyde Security Heavyweight! PotterBanker 01/24/18 10:18:16 AM
#56 PotterBanker 01/24/18 01:00:13 AM
#55   As previously announced by the Company, its 75% PotterBanker 01/24/18 12:46:45 AM
#54   Phase 2 construction on the two-story new build PotterBanker 01/24/18 12:44:58 AM
#53   Pictures and video of the build are currently PotterBanker 01/24/18 12:43:32 AM
#52 PotterBanker 01/24/18 12:39:12 AM
#51   Heritage Cannabis Holdings signs blockchain letter of intent,,, abrois 01/16/18 12:18:03 PM
#50   Must be something important to share :) JackAskSlap 01/16/18 11:16:56 AM
#49   Halted abrois 01/16/18 09:28:27 AM
#48   believe january will be sideways consolidation then the abrois 01/15/18 07:34:13 PM
#47   Big Green on my side.. Should follow through here JackAskSlap 01/15/18 12:59:02 PM
#46   appears heritage was unhalted in the midst of abrois 01/14/18 10:34:01 AM
#45   According to the Canadian Hemp Trade Alliance (CHTA). JohnCM 01/10/18 09:42:29 PM
#44   Is PhyeinMed still around? JohnCM 01/10/18 09:39:57 PM
#43   Healthy position here JackAskSlap 01/10/18 05:11:29 PM
#42   Umbral Announces Completion of Change of Business to madcasper 01/10/18 10:10:59 AM
#41   yes grand opening,, a lot of watchers,, abrois 01/10/18 10:07:05 AM
#40   held Umbrel energy for quite some time nice madcasper 01/10/18 09:43:42 AM
#39   Umbral Energy Corp. changed to Heritage Cannabis Holdings Corp.: Renee 01/09/18 05:24:08 PM