Heritage Cannabis Announces Commencement of Sale and Investment Solicitation Process - Seite 2

All qualified interested parties will be provided with an opportunity to participate in the SISP, including receipt of a process summary describing the opportunity and access to a virtual data-room, which will be made available upon the execution of a non-disclosure agreement acceptable to the Heritage Group and the Monitor. The deadline to submit a Sale Proposal, Partial Sale Proposal, or an Investment Proposal (as such terms are defined in the SISP), as the case may be, to the Monitor in accordance with the terms of the SISP is set for 5:00 p.m. EST on May 10, 2024.

Additional information regarding the SISP and the Heritage Group’s CCAA proceedings (including copies of the Initial Order, the Amended and Restated Initial Order, and the SISP Order) can be found on the Monitor’s website (the “Monitor’s Website”) at https://kpmg.com/ca/heritage.

Any party interested in participating in the SISP should contact the Monitor to receive additional information at:

KPMG Inc.
333 Bay Street, Suite 4600
Toronto, ON M5H 2S5

Attention:     Heritage Group Monitor
Email:            [e-mail]

About Heritage Cannabis Holdings Corp.

Heritage is a leading cannabis company offering innovative products to both the medical and recreational legal cannabis markets in Canada and the U.S., operating two licensed manufacturing facilities in Canada. The company has an extensive portfolio of high-quality cannabis products under the brands Purefarma, Pura Vida, RAD, Adults Only, Juicy Hoots, Premium 5, Thrifty, feelgood., the CB4 suite of medical products in Canada and ArthroCBD in the U.S.

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

“David Schwede”

David Schwede
CEO

For more information contact:

Kelly Castledine
Tel: [phone]
[e-mail]

The Canadian Securities Exchange does not accept responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements

This press release contains certain “forward-looking information” within the meaning of applicable Canadian securities legislation and may also contain statements that may constitute “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Such forward-looking information and forward-looking statements are not representative of historical facts or information or current condition, but instead represent only the Company’s beliefs regarding future events, plans or objectives, many of which, by their nature, are inherently uncertain and outside of the Company’s control. Generally, such forward-looking information or forward-looking statements can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or may contain statements that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “will continue”, “will occur” or “will be achieved”.