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Friday, January 28, 2022 11:05:28 AM
"Spectrum is a leader when it comes to revenue and market share in the online medical cannabis space and having Heritage products recognized by a market front-runner is a true nod to our products and Company," said David Schwede, CEO of Heritage. "We are honoured and excited to have our products offered on the Spectrum platform and recognize this milestone as another defining moment in our trajectory and positive momentum we have achieved over the last few quarters."
https://finance.yahoo.com/news/heritage-cannabis-achieves-major-milestone-130000134.html
First the commercial supply partnership with Canopy Growth for bulk concentrates. Now the medical supply partnership with Canopy Growth subsidiary Spectrum Therapeutics for branded concentrates. They need to stop all the flirting and just get married already :)
Another big win for Heritage team. Canopy has a large medical cannabis patient base for Heritage to tap into. Latest number I found was 70,900 medical patients in 2020. Heritage products will surely get noticed being the first third-party concentrates offered to Canopy patients. Everybody likes new stuff and more choices :)
Heritage is really on a roll with new business from the big dogs Canopy Growth, Canna Cabana, and now Spectrum Therapeutics. This while continuing to introduce new products and increasing market share. Can't imagine how busy the team must be these days. The good kind of busy :) imho glta
Canopy Growth’s Active Registered Patients (2017-2021)
https://businessquant.com/canopy-growth-active-registered-patients#:~:text=The%20company's%20number%20of%20registered,the%20end%20of%20the%20year.
Canadian cannabis sales could top CA$4.8 billion in 2022, analyst forecasts
https://mjbizdaily.com/canadian-cannabis-sales-could-top-ca4-8-billion-in-2022-analyst-forecasts/
Posts are my opinion only, and not advice of any kind. glta
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