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Strategies & Market Trends : Dino's Bar & Grill
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To: howestreetbull who wrote (52805)1/25/2019 8:08:31 AM
From: howestreetbullRead Replies (1) of 202721
 
CANN.ca $HERTF Heritage Cannabis Midas Letter Interview - Clint Sharples CEO
-extraction company deal: very educated people, well trained, end of February ready to go (likely) will be supplying a lot of products -we're just learning about the size of the dried flower market, derivatives will be even bigger -price competition on CBD? eventually, but not enough of it right now, expected demand (esp. with edibles) will be huge -2019 exclusively wholesaler to other LPs, white labeling products; having discussions about retail, but not top right now -Fort Erie facility and edibles: -2019 growth strategy about Canada -are looking at international opportunities, but has to work for return on investment in shortest period of time (2020 and beyond) -in Fort Erie first harvest next week for high THC product; from CannTrust -2 processing machines in BC and Fort Erie each; still waiting for processing license; 6-8 months to extract that amount; once finishing expecting another crop from Saskatchewan partners -availability of hemp feed stock in Canada: -50,000 kilos hemp in Saskatchewan to be shipped to Heritage (when extracted about $40M) Heritage Cannabis Holdings Corp (CNSX:CANN) CEO Clint Sharples
0.03-0.04 c EBITA Hemp alone...annualized basis
Interview starts at the 16:20 mins mark
youtube.com
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