Heritage Cannabis Holdings Corp (HERTF)

[BlueGreenPower]

**NEWS** Heritage Cannabis Reports Q2 2022 Financial Results

"We are excited to release these financials which show us reaching cash-flow positive territory ahead of schedule. The Heritage team continues to deliver on product innovation, distribution, and new revenue channels which has been a driving force to allow us to reach our targets - a major achievement during the recent choppy markets - and we remain focused on building a strong platform that can both generate top-line growth without sacrificing strong business fundamentals," said David Schwede, CEO of Heritage. "We have signalled our drive to success over the past year, and with our continued solid execution of our business strategy we have crossed an important milestone ahead of our committed timeframe. Our total gross revenue for the first half of this year is up over 210% from the same time a year ago – a strong signal of what is ahead for Heritage and our innovative, in-demand products."

https://finance.yahoo.com/news/heritage-cannabis-reports-q2-2022-121800961.html

Another record quarter!!! These are some of the best revenue increase numbers I've seen among canadian lp's this earnings season. With cost of sales decreasing on a percetage of sales basis it sholudn't take long to go cash flow positive now. Hopefully they are already there. This current quarter should be a good one with more Heritage products on the market than ever before.

In a normal market this would have gotten more attention from revenue investors liking the big increases, BUT there is nothing normal about this market. Too bad because there are a few cannabis companies like Heritage that deserve some credit for continuing to outperform the competition. Acolades to he team!!!! glta