Heritage Cannabis launches its new frozen cannabis edible product RADsicles
The blue raspberry, cherry, cream soda, and grape-flavoured RADsicles will soon be available for purchase at provincial boards and retailers In addition to RADsicles, Heritage Cannabis is set to launch five more products this summer, including Live Rosin Concentrate, Live CBD Concentrate, and Softgel Capsules, as well as RAD Reefer and Doobies
Heritage Cannabis Holdings Corp (CSE:CANN) (OTCQX:HERTF) (FRA:2UE) announced the introduction of RADsicles, the company’s new cannabis edible ‘freezie’ just in time for summer.
The company said the blue raspberry, cherry, cream soda, and grape-flavoured RADsicles will soon be available for purchase at provincial boards and retailers, as it has already shipped the first products to the Ontario Cannabis Store.
Heritage Cannabis acquires recreational cannabis group Bloom Brands
The company said the merger will provide it with an immediate market footprint in California, New Mexico, Oklahoma, Washington, Nevada, and Arizona Bloom will receive around US$15 million in Heritage shares as part of the deal
Heritage Cannabis Holdings Corp (CSE:CANN) (OTCQX:HERTF) (FRA:2UE) said it has signed a non-binding letter of intent to purchase California-based Bloom Brands, a collection of recreational cannabis brands.
Under the terms of the agreement, Bloom will receive around US$15 million in Heritage shares in two tranches, one of US $7.5 million in shares at a deemed value of C$0.14 each followed by a second tranche of shares six months after closing at a deemed value of either C$0.16 per share, or a 15% discount to the 15-day volume-weighted average price, whichever is greater.