Heritage Cannabis Holdings Corp (HERTF)

[BlueGreenPower]

**NEWS** Heritage Cannabis Reports Q1 2022 Financial Results

"Our team has done a phenomenal job over the past year in transitioning Heritage to a Company with exceptional brands offering innovative, in-demand products – a great accomplishment and testament to how far we have come in just one year. With revenue growth over 400% from the first quarter of last year, and 34% over the fourth quarter of 2021, we are hitting our stride as a branded cannabis company, and we’re just getting started," commented David Schwede, CEO of Heritage. "As we move to cash flow positive territory, the Company has never been healthier, and our stable balance sheet, continued revenue growth, and proven commitment to a lean cost structure are leading indicators of where we are headed. We have an incredible business with staff that are the soul of our company. During a very turbulent time in the cannabis market, we are so appreciative of our platform partners that trust and believe in our products, and exceedingly thankful to our shareholders for their patience during this transitionary period."

https://finance.yahoo.com/news/heritage-cannabis-reports-q1-2022-142900826.html

Always glad to hear a company is healthier than ever from the CEO. That's what happens when you increase sales 30%+ every quarter. Pretty soon your rubbing elbows with the cannabis elites :) Really happy with the Jump to $9+ million in actual rec product sales. Another 30% increase in Q2 would put them well over $10+ million establishing a $40+ million annual run rate. You'd think that would get the markets attention along with cash flow positive news. We won't have to wait long as Q2 is due end of June. The best news is getting 17 more products into goldmine Ontario. That's their biggest acceptance rate yet!!! Like :) glta