First revenue in Missouri is expected in the first quarter of calendar 2022. Construction on the extraction area is underway and the Company is evaluating equipment. The facility buildout at 3Fifteen Primo Cannabis’ ("3Fifteen") licensed manufacturing facility has begun. Entry into the largest market will inevitably continue to drive overall market share and revenue growth for Heritage. Heritage has launched 10 pre rolls and 6 flower skus in multiple provinces with encouraging provincial orders and plans on having distribution across Canada by the end of calendar Q1 2022. Orders in Saskatchewan rose by 190% sequentially in calendar Q3, with first flower products expected to be in market in November, fueling further sales growth heading into Fiscal 2022.įlower Launch – Accessing 60% of the Canadian Cannabis Market In BC, Heritage claimed 3% of total cannabis sales, while also increasing orders by 33% from calendar Q2 to calendar Q3. Alberta has recently executed a significant launch of Heritage products, with the Company shipping 28 new SKUs to the province in September and October.
Western Canada remains the largest market for Heritage, where the Company continues to see excellent re-order rates and continued acceptance for new listings resulting in additional growth. Retailer feedback has been positive, and the Company anticipates adding additional SKUs in November. Sales to the OCS in calendar Q3 more than doubled over calendar Q2.
In Ontario, Heritage gained seven new listings across multiple categories, giving Heritage a total of 16 SKUs in Canada’s largest market.
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