Dec 23 (Reuters) - Heritage Cannabis Holdings Corp CANN.CD :
* HERITAGE CANNABIS TO ACQUIRE PREMIUM 5 LTD.
* HERITAGE CANNABIS - PREMIUM 5 WILL RECEIVE INITIAL CONSIDERATION OF C$21.0 MILLION OF COMMON SHARES OF HERITAGE, PLUS ADDITIONAL HERITAGE COMMON SHARES
* HERITAGE CANNABIS HOLDINGS CORP - PREMIUM 5 CEO DAVID SCHWEDE WILL BECOME PRESIDENT OF HERITAGE'S RECREATIONAL CANNABIS DIVISION