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Monday, March 06, 2023 10:06:02 AM
"Heritage is becoming a well-known entity around the globe for our best-in-class concentrate products as evidenced by this order. We are experiencing an increased amount of requests for our concentrates from other international buyers," said David Schwede, CEO of Heritage. "Our concentrates are our bread and butter, and we have the execution, innovation and quality that people are looking for. This is the start of a strong and growing relationship and we are excited to be capitalizing on this market opportunity, with additional shipments already in the preparation phase. With our superior products we are confident that our trademark resins will be well received down under."
https://finance.yahoo.com/news/heritage-cannabis-receives-purchase-order-130500930.html
Who would have expected Heritage to be the first LP to ship live resin to Australia. Much bigger Canadian LP's have tried and failed to crack this highly regulated market. This now goes along with Heritage selling the first Canadian THC products in the US achievement.
On that happy topic Missouri just announced first months cannabis sales exceeded $100 million dollars. This eclipsed much larger legal rec neighbor Illinois by more than double. Now some projections are for one billion in sales this year in MO. Like :)
Gives you a good picture of how big the legal rec market is in the US. One small states sales are equal to all of Australia. Still you want to get your foot in the door because if Australia ever goes legal it will be huge. Congrats to the Heritage team for getting their foot in the door :) Well Done!!! GLTA!!!
Missouri marijuana sales exceed $100 million in first month of legalized recreational sales
https://www.ksdk.com/article/news/local/missouri-marijuana-sales-first-month/63-e97492b3-dba1-473f-905c-777e3e15bbf6
Posts are opinions only and not advice of any kind.
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