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Heritage Cannabis (CSE:CANN) begins U.S. operations

Cannabis, Consumer
CSE:CANN
03 October 2022 12:30 (EDT)
Heritage Cannabis Holdings Corp. - CEO, David Schwede.

Source: Heritage Canabis

Heritage Cannabis Holdings Corp. (CANN) is beginning operations in Missouri, U.S., after receiving state approval.

Specifically, this move follows the company Como Health LLC (also known as 3Fifteen Primo Cannabis) receiving government approval to operate for medical marijuana regulation. Initial production of vape product concentrates and pre-rolls has already started within the state.

Heritage stated it has been working alongside 3Fifteen to supply production equipment and train staff on extraction and oil production methods.

David Schwede, CEO of Heritage, stated,

“This is an ideal time to be introducing Heritage’s branded products to the state of Missouri through our relationship with 3Fifteen.”

3Fifteen is contributing to the use of its new license, which allows Heritage to produce its branded products to be sold in Missouri. This partnership also includes shelf minimums for Heritage’s branded products in 3Fifteen’s Missouri dispensaries.

According to Heritage, this business model will also be used for its fall expansion.

“Our U.S. strategy is launching in Missouri and expanding to West Virginia… With our extraction expertise and inspired branding capabilities, coupled with partners that have strong retail market penetration, Heritage is getting a jump on establishing itself as a leader in these growing markets.”

Heritage Cannabis is a leading cannabis company with an extensive portfolio of high-quality cannabis products under the brands Purefarma, Pura Vida, RAD, Premium 5, Thrifty, feelgood., the CB4 suite of medical products in Canada and ArthroCBD in the U.S.

Heritage Cannabis Holdings Corp. (CANN) is unchanged, trading at $0.03 per share as of 11:26 a.m. ET.


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