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Monday, October 17, 2022 10:32:33 AM
"With our growing footprint in the United States, Heritage is uniquely positioned to develop our presence with our brands that are already highly sought after in legalized medical cannabis markets. Our strategy takes advantage of early entry in markets that have near-term potential for recreational legalization, and with the recent comments from President Biden on a federal review of marijuana classification, we couldn’t be in a better position and are very excited for Heritage’s future," said David Schwede, CEO of Heritage. "Our asset-light, capital efficient approach to our U.S. expansion adds another revenue stream to our consistent quarter-over-quarter growth we have seen since early 2021 and we see sizeable upside potential for Heritage as we roll out more planned revenue streams in Canada and the U.S."
https://finance.yahoo.com/news/heritage-cannabis-begins-operations-west-123600609.html
Hey Searay!!! Even more good news from Heritage this month!!!
Happy to hear that both Missouri and West Virginia are now producing Heritage
products. Especially excited to hear that Heritage is planning more US expansion in the future. Now that Heritage has a repeatable model for entry into US markets expansion could come much faster. Fingers Crossed Searay :) glta
Fun Fact- West Virginia has the population of approximately Nova Scotia and PEI combined. For comparison Nova Scotia has seen record cannabis sales with annual sales over $100 million. Like )
https://globalnews.ca/news/8918840/nova-scotia-nslc-sales-2022-fiscal-year/
Posts are my opinion only, and not advice of any kind. glta
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