By Heritage Cannabis Holdings Corp. on Friday, 29 January 2021
Category: Vertically Integrated

Heritage Cannabis receives first order from the Ontario Cannabis Store for its Purefarma and Pura Vida products

Heritage said with these orders, it now has three brands available in Ontario, including the company’s newly-acquired Premium 5 brand

Heritage Cannabis says it expects its tinctures to be in high demand based on sales from other provinces

Heritage Cannabis Holdings Corp () () (FRA:2UE) reported that it has received the first order from the Ontario Cannabis Store (OCS) for the company’s Purefarma and Pura Vida branded products. 

Heritage Cannabis said that with these orders, it now has three brands available in Ontario, including the company’s newly-acquired Premium 5 brand that been available at the OCS since early December 2020. 

“This initial order from Ontario will bring Heritage’s award-winning Purefarma and Pura Vida full-spectrum products to consumers in the province, expanding our brand exposure across the country. They join the very popular Premium 5 branded products in the fastest expanding market in Canada,” Heritage Cannabis Holdings CEO Clint Sharples said in a statement.

He added: “As we have experienced in other provinces where these products are available, we expect our tinctures to be in high demand.”

READ: Heritage Cannabis closes its acquisition of Canadian cannabis company Premium 5

“They are well-priced, premium products and a strong percentage of the frequent requests we receive for them come from Ontario.”

The company also noted that beginning in mid-February customers in Ontario will be able to purchase Pura Vida’s DayBreak Sativa Honey Oil Drops and NightFall Indica Honey Oil Drops, as well as Purefarma’s Hemplixir 30 CBD Oil and 15:15 Balance CBD Oil.

It added that these brands are currently available for purchase in British Columbia, Alberta, Saskatchewan, and Manitoba, as well as across Canada via medical access at www.patient-choice.com.

Heritage Cannabis is a vertically-integrated cannabis provider that currently has two Health Canada-approved licensed producers, through its subsidiaries Voyage Cannabis Corp and CannaCure Corp, both of which are regulated under the Cannabis Act Regulations. 

The company said demand for Premium 5 products has resulted in provincial purchase orders nearing C$10 million since launching sales in June 2020 and growing each month to an annualized run-rate of about $20 million.

Contact Sean at sean@proactiveinvestors.com

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