Heritage Cannabis Signs Commercial Agreement With Canopy Growth Corp. and completes first shipment of bulk living resins

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TORONTO – (BUSINESS WIRE) – Heritage Cannabis Holdings Corp. (CSE: CANN) (OTCQX: HERTF) (“Heritage” or the “Company”) is pleased to announce that it has entered into a commercial agreement with Canopy Growth Corp. (“Canopy”) for the delivery of bulk concentrates, including live resin. The company recently shipped the first batch of live resin to Canopy, with future orders and shipments to follow.

Canopy, a Canadian leader in sales and market share in cannabis, has selected Heritage to supply bulk concentrate. Canopy selected Heritage for its product quality, consistency, industry-proven technology and innovation, and its ability to keep pace with Canopy’s growth. The Heritage platform and unmatched execution provide a quick time to market that Canopy can leverage to continue its positive momentum.

“I am honored that Canopy has recognized Heritage and selected it as an excellent trading partner for the supply of their bulk concentrates,” said David Schwede, CEO of Heritage. “We are excited to start this relationship as it demonstrates our depth and breadth of cannabis extraction experience and brings a high gross margin to our established platform – one that we will continue to build through a number of additional commercial relationships.”

About heritage

Heritage Cannabis is a leading cannabis company providing innovative products for both the medical and recreational cannabis markets in Canada and the United States, with two licensed manufacturing facilities in Canada. The company has an extensive portfolio of high quality cannabis products under the brands Purefarma, Pura Vida, RAD, Premium 5, feelgood., The CB4 suite of medical devices in Canada and ArthroCBD in the USA.

ON BEHALF OF THE BOARD OF DIRECTORS OF HERITAGE CANNABIS HOLDINGS CORP.

“David Swede”

David Swede

CEO

The Canadian Securities Exchange assumes no responsibility for the adequacy or accuracy of this news release.