Heritage Cannabis Holdings Corp (HERTF)

[BlueGreenPower]

**NEWS** Heritage Cannabis Reports Q3 2022 Financial Results and Sixth Consecutive Quarter of Increased Revenue

"What we have accomplished in the third quarter is a tremendous achievement by the entire team at Heritage. Given the sector headwinds and after normalizing for isolated events in the quarter, we are proud to state that we have marked our second consecutive quarter of positive EBITDA. It is also our sixth consecutive quarter of increasing revenue which has been driven by the team focusing on growing revenue through the addition of sales channels and the further expansion of our already successful portfolio of products," said David Schwede, CEO of Heritage. "Our platform approach has protected us from significant challenges across the industry and we will continue to execute on our business strategy, focusing on cost management and driving revenue which was up over 165% from the same time a year ago. Our team is driven to innovate and propel growth, and the delivery of positive financials this past quarter represents an important milestone for the Company and what is ahead for us. Through multiple new brand and product launches on the near-term horizon, as well as the imminent launch of product sales in the U.S. contributing to revenue, Heritage is on a clear path for success."

https://finance.yahoo.com/news/heritage-cannabis-reports-q3-2022-122000487.html

Hey Searay!!!! Hoping for a cannabis sector rebound once the winners and losers get sorted out more. To me Heritage looks to be on their way to the winners circle with this new report showing triple digit revenue increases over last year. Plus the imminent launch of product sales in the US is exciting for many reasons. Sounds like this major untapped revenue stream will be coming online for Heritage very soon. Like :) Congrats to the Team on another EBITDA positive quarter.... GL Searay