Heritage Cannabis Holdings Corp. (CSE:CANN; OTC:HERTF) (“Heritage” or “Company”) is pleased to announce the first two Vitalis Q90 extraction systems have been successfully installed in the PhyeinMed Inc. (“PhyeinMed”) facility in Falkland, British Columbia and are now ready for testing and certification by the manufacturer.
Two rooms have been temporarily repurposed and dedicated to the extraction business within the indoor Falkland licensed facility. Upon receiving the processing licence from Health Canada, the extraction team from Purefarma Solutions (“Purefarma”) will be ready to begin processing the significant amount of hemp feedstock. Once certified, the Falkland location will have capacity to process in excess of 150,000 kilograms of dried cannabis or hemp input per year.
“Our expansion plan in Falkland has been flawless due to the hard work and devotion from the PhyeinMed and Purefarma teams. We are looking forward to start generating revenues right away as soon as the appropriate licence is granted.” states Clint Sharples, CEO of Heritage “The equipment is ready, the operators are trained, and we know there is market demand for the products we can produce.”
The Company would also like to announce that it will be delivering a proprietary mechanical separator system to our supplier’s hemp farm location in Saskatchewan this week. Once installed, this purpose-built unit will be one of Canada’s largest, and have the capacity to process 1,200 kilograms per day of dried hemp product. This will be a significant contributor to the processing efficiency at the licenced facilities in Falkland, BC and Fort Erie, ON.
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 CORP.
For more information contact:
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.