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Benzinga
Benzinga
Business
Jelena Martinovic

Heritage Cannabis' Revenue Increases 450% YoY In Q4, Provides Financial Results For 2021

Heritage Cannabis Holdings Corp. (CSE:CANN) (OTCQX:HERTF) announced its financial results for the fourth quarter and for the twelve months ended October 31, 2021.

“Heritage’s revenue grew over 100% for the year and almost 40% from Q3/21 to Q4/21, which was the higher end of the previously provided guidance, “ David Schwede, the company’s CEO, said. “We are building a strong and sustainable business in a nascent industry, and with our solid business practices and product and brand innovations, we are focused on positive cash flow as a priority.”

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