Heritage's Cannabis Now Available In This State, 'Our U.S. Strategy Is Adding A High Gross Margin Revenue Stream,' Says CEO

Author: Vuk Zdinjak | January 04, 2023 10:06am

Heritage Cannabis Holdings Corp. (OTCQX:HERTF) (CSE:CANN) has completed its first production run and shipment of products to dispensaries in the State of Missouri. This marks the start of Heritage product sales in the second state in the United States, with products now available in both Missouri and West Virginia. Products available to purchase in the U.S. include RAD distillate vapes, RAD live resin and live rosin, with additional products in the pipeline including pre-rolls and blunt, infused pre-rolls and blunts as well as concentrate dispensers.

Heritage commenced operations in the state of Missouri through a relationship with Como Health LLC, doing business as 3Fifteen Primo Cannabis. 3Fifteen, received an approval to operate from the Missouri Section for Medical Marijuana Regulation, and production on vape products and concentrates commenced in the State shortly after.

“With the recent successful legalization of cannabis in the state of Missouri we are thrilled to be ahead of the curve with products on shelves ready to serve both medical and recreational consumer groups in the State,” stated David Schwede, CEO of Heritage. “Our U.S. strategy is adding a high gross margin revenue stream to the business using an asset light approach in partnership with existing local license holders, and as a market leader and innovator we continue to launch new products to capture a substantial share of early shelf space in these burgeoning markets.”

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Photo by Shelby Ireland on Unsplash

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