Heritage Cannabis sees significant sales growth of 28.8% between May and August 2021
“Our recent growth rates are a strong indication that the growth reported in our 2Q and 3Q financials are not a one-off occurrence. We outpaced the market by 3x and are continuing to see strong growth over the recent months,” said David Schwede, CEO of Heritage in a statement.
Heritage did a great job bringing in $2.5 million in August during the temporary wildfire shutdown of Voyage. They previously had mentioned moving the inventory out before they evacuated. Smart move that led to a big month for Heritage. Sounds like they're back up to full production a filling orders like crazy. Also happy to hear Heritage shipped/sold 28 new products to Alberta during this quarter ending this month. Looking forward to seeing it on the accounts receivable line :)
Last but not least Heritage is smoking the big boys in sales growth and it's not even close. The graphic on the yahoo release was a real eye opener. Heritage is even getting some well deserved love from the market today. Upcoming revenue catalysts look good with dried flower launching nationwide next month, and Missouri a few months later. Heritage driving toward profitability. Like :) glta
Posts are my opinion only, and not advice of any kind. glta