Stockchase Opinions

Bruce Campbell (2) Heritage Cannabis CANN-CN PAST TOP PICK May 27, 2020

(A Top Pick May 01/19, Down 69%) This has been caught up in the whole cannabis selloff. They have a special extraction formula and have been ramping up their facility capacity. They are now generating revenue and cash flow. The CEO continues to buy. It is probably a year or so behind showing great results. He continues to hold it.
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It has been slowly working its way behind the scenes and now has come rapidly to the forefront. Since December they modified their business plan. They are now going to 6 extraction machines. It has opportunity down the road to become a huge cash flow producer. Management continues to buy stock. The CEO is a very experienced business guy who has done phenomenally well. He thinks it goes higher over time.

TOP PICK

They started as a tradition grower, but are now building their extraction side where margins are high. Management has a great track record. (no target price)

TOP PICK

Their staff have deep experience making high-end, award-winning cannabis. CANN will be the go-to extractors. It's matter of time before they get their cash flow rolling. It's sold off like the rest of the sector, but he believes this will go higher.

PAST TOP PICK
(A Top Pick Jun 27/19, Down 70%) Another disappointment but the management team is really on the right track. They have some unique technology that allows them to produce direct products that can go into vape. Once some of their own products hit the shelves this quarter you should start to see revenue and earnings from the company. Management are buying stock.