Heritage Orders Three Extraction Systems

Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Club
$299/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
JOIN THE CLUB

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

(TheNewswire)



 

Vancouver, B.C. / TheNewswire / February 5, 2019 – HERITAGE CANNABIS HOLDINGS CORPORATION (CSE: CANN) (“Heritage” or “Company”) is pleased to announce the expansion of its extraction capacity with the order of three new Vitalis extraction systems, expected to be delivered before the end of February 2019.

 

This order will see two new units to be delivered to CannaCure Corp (“CannaCure”) in Fort Erie, ON, and one new unit to be installed in addition to the Company’s existing extraction unit at Falkland, BC in the PhyeinMed Inc. (“PhyeinMed”) location. Once installation of all four systems are completed, and the necessary licenses from Health Canada are obtained, Heritage will become one of the largest processing companies in Canada in terms of extraction capacity.

 

“The team at Heritage continues to execute our business plan, driving our company forward towards our ultimate goal of becoming a fully integrated, industry leader in the Canadian cannabis industry.” states Clint Sharples, CEO of Heritage “The expertise we acquired from Purefarma Solutions in December has allowed us to expedite extraction plans and will enable us to achieve our revenue goals set for Q2.”

 

The Company expects the installation of these units at CannaCure and PhyeinMed to be completed by the end of March 2019.

 

About Heritage Cannabis Holdings Corp.

The Company is focused on becoming a vertically integrated cannabis provider that currently has two Health Canada approved licensed producers, through its subsidiaries PhyeinMed Inc. and CannaCure Corp. both regulated under the Cannabis Act Regulations, and its subsidiary Purefarma Solutions, which will be providing extraction services within the Company. Heritage is focused on advancing its scale and technology footprint to compete both domestically and internationally.

 

ON BEHALF OF THE BOARD OF DIRECTORS OF HERITAGE CANNABIS HOLDINGS CORPORATION

 

“Clint Sharples”

 

Clint Sharples

President & Director

 

For more information contact:

Clint Sharples

Tel: 416-705-8529

info@heritagecann.com

 

The Canadian Stock Exchange does not accept responsibility for the adequacy or accuracy of this release.

 

This news release contains forward-looking information, which involves known and unknown risks, uncertainties and other factors that may cause actual events to differ materially from current expectation. Important factors - including the availability of funds, the results of financing efforts, the results of exploration activities -- that could cause actual results to differ materially from the Company's expectations are disclosed in the Company's documents filed from time to time on SEDAR (see www.sedar.com). Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The company disclaims any intention or obligation, except to the extent required by law, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

 


Click Image To View Full Size

 

Copyright (c) 2019 TheNewswire - All rights reserved.