Heritage Cannabis Holdings Corp (HERTF)

[BlueGreenPower]

**NEWS** Canada's Largest Cannabis Retailer, High Tide, Welcomes Gov's Decision On White Label Products

In 2021, High Tide announced it has entered into two white label partnerships with Heritage Cannabis Holdings and cannabis edibles manufacturer Loosh Inc. which is doing business as Loosh Brands. Under the terms of the agreements, both Heritage and Loosh opted to manufacture High Tide's "Cabana Cannabis Co." branded shatter and THC gummies, respectively, for distribution in Ontario, Manitoba, Saskatchewan, and Alberta.

https://www.benzinga.com/markets/cannabis/22/03/26336748/canadas-largest-cannabis-retailer-high-tide-welcomes-govs-decision-on-white-label-products

This is great news that will allow Heritage's white label partnership with High Tide to move forward in Ontario. Hopefully High Tide will need large amounts of Heritage produced Cabana Canabis products for their 113 stores nationwide. Seeing as High Tide just reported $72.2 million in quarterly income that hope may come true : )

Glad to see Heritage has begun to sell non core assets that don't add to income growth. They might need to extend this to the medical division if it doesn't begin adding to the bottom line soon. Any expense that is not justified by actual revenue, not potential revenue, needs to be sold or discontinued. imho

The recently extended halt in trading Canadian shares feels like a strategic move to me. Freezing the share price for a possible acquisition or merger with another company. I've seen this outcome before coming out of a extended halt. It's definitely odd for a company that has never been late reporting before. Guess we will need to remain patient to find out what's up. glta

https://finance.yahoo.com/news/heritage-cannabis-announces-sale-interest-133800563.html

https://www.newcannabisventures.com/high-tide-q1-revenue-increases-34-sequentially-to-c72-2-million/