Heritage Cannabis Holdings Corp. (CSE:CANN;OTC:HERTF) provided Grit Captial a tour of its 122,000-square-foot former-GMP CannaCure extraction facility in Fort Erie, Ontario, which is licensed for cultivation, processing and medical sales under the Cannabis Act. Heritage has completed its Phase One 24,260-square-foot build-out and has recently installed two Vitalis Q90 extraction systems.

In the tour, Grit Capital was shown the future extraction room, which is expected to house up to four Vitalis Q90 extraction systems. Once all six extraction units are in place, Heritage will have one of the largest extraction capacities in the industry. According to the video, Heritage expects to derive 60 percent of its revenue from its hemp and cannabis oil extraction and will source the remaining 40 percent through toll processing and contract manufacturing.


The video also highlighted a Deloitte study for cannabis 2.0 in Canada, which includes the expected market for edibles and alternative cannabis products. Heritage intends to fulfill the demands of this market and is developing a line of vape cartridge filling, capping, and tincture bottles at the CannaCure facility. The company also intends to form partnerships within the industry for contract manufacturing. To date, Heritage has signed deals with Zenabis Global Inc. (TSX:ZENA) and CannTab Therapeutics Limited (CSE:PILL) and is expected to sign more agreements in the future.

To watch the full tour, click here.

Click here to connect with Heritage Cannabis Holdings Corp. (CSE:CANN;OTC:HERTF) for an Investor Presentation. 

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TODAY: The Future of Food Investment Conference – SnowCap Ventures
Tuesday, Nov. 24th at 1:50 pm ET
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Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Aurora Cannabis Inc. (NYSE: ACB) between February 13, 2020 and September 4, 2020, inclusive (the “Class Period”), of the important December 1, 2020 lead plaintiff deadline in the securities class action. The lawsuit seeks to recover damages for Aurora investors under the federal securities laws.

To join the Aurora class action, go to http://www.rosenlegal.com/cases-register-1965.html or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

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