halo top revenue 2019
StreetInsider.com Top Tickers, 11/14/2019. The forward-looking information and forward-looking statements contained in this press release are made as of the date of this press release, and Halo does not undertake to update any forward-looking information and/or forward-looking statements that are contained or referenced herein, except in accordance with applicable securities laws. All subsequent written and oral forward-looking information and statements attributable to Halo or persons acting on its behalf is expressly qualified in its entirety by this notice. Halo also intends to increase sales of Levätä through the online retail marketplaces and by partnering large distributors of cannabis peripherals in the United States and Europe. The forward-looking information and forward-looking statements contained herein may include, but is not limited to, the Company’s primary business objectives for the upcoming year, the expectation to provide updates on new distributor agreements, expected increases to the Company’s margin and the timing thereof, the expectation that DabTabs Go™ will be available under the Company’s Gilt™ brand and available throughout California, Nevada and Oregon in July 2019, the projected growth rate of the CBD market, the expected size of the CBD market in 2022 and the location, completion and production of a hemp processing facility. Participant International Dial-In Number: (647) 689-6581 UVI is a cannabis distribution, processing and manufacturing company providing biomass procurement and value-added services such as drying, trimming, packaging, freezing and storing cannabis. Halo also intends to increase sales of Levätä™ through the online retail marketplaces and by partnering with large distributors of cannabis peripherals in the United States and Europe. Testing represented 1.5% of revenues (three months ending March 31, 2018: 8.2%), again a strong improvement. Halo expects to begin sales of the Levätä™ collection to retailers in the fourth quarter of 2019, leveraging its direct sales force in California, Oregon, and Nevada. Each Halo Top pint has between 240 and 360 calories, and each touts at least 20 grams of protein. UVI will also provide Halo with rent-free access to its Ukiah facility for the first year of the strategic relationship, allowing Halo the opportunity to manufacture closer to the source of its biomass. Investor Relations Halo Top General Information Description. WMT 7. The first tranche of 3,997,648 Compensation Shares was issued on October 15, 2019 at a price of C$0.30 per share and in satisfaction of C$1,199,295 of payables owed by the Company. The Company is currently operating in California and Oregon as well as Nevada with our partner Just Quality. Increase distribution of Gilt™ and Hush™ branded products into California dispensaries by selecting additional distribution partners for Central and Northern California. The Company has expertise across all major cannabis manufacturing processes, leveraging a variety of proprietary processes and products. DabTabs Go™ provides quick, consistent and controlled heating, assuring consumers a full-spectrum, vaporization experience with DabTabs Dablets. Halo Labs Inc. (“Halo” or the “Company”) (NEO: HALO, OTCQX: AGEEF, Germany: A9KN) today announced its financial and operational results for the first quarter ended March 31, 2019.Entry into the California market fueled significant growth as revenues these three months were $8,718,503 representing a 302% year on year increase (three months to March 31, 2018: $2,168,976). The second tranche of 6,442,672 Compensation Shares was issued on November 13, 2019 at a price of C$0.26 per share and in satisfaction of C$1,675,096 of payables owed by the Company. 1. Technical420 is dedicated to educating investors about the risk and rewards of investing in the cannabis industry. Gross margin was temporarily deflated in Nevada Q1 due to high inventory costs of oil as a result of FIFO inventory accounting. On February 22, 2019, Halo commenced trading on the OTCQB Market under the ticker symbol “AGEEF”, opening the Company up to a broader investor base throughout North America. For the three months ended September 30, 2019, the Company’s gross profit and gross margin were $2.9 million and 41% respectively, representing record quarterly results since the Company’s inception. Make It. DabTab™ Dablets) as well as implementing existing contracts, the Company is now operating at an annualized production rate of approximately $25MM USD, which is in line with Halo’s previous guidance. All values USD millions. ORGANIC GROWTH. The forward-thinking company is led by a strong management team with deep industry knowledge and blue-chip experience. The Company has also begun operations in Lesotho Africa through a strategic partnership. 332%. Investors can call in and Q&A with Kiran Sidhu, the Chief Executive Officer, and Philip Van Den Berg, the Chief Financial Officer, at 9 a.m. EST on Friday, November 15, 2019: Participant Toll Free Dial-In Number: (866) 211-3166 The DabTabs™ provide a cleaner, smoother, mess free way to consume full spectrum cannabis oils and concentrates that capture the full benefits of the cannabis plant. The Company raised bridge financing of US$1.7 million in the three months ending March 31, 2019, and cash at the end of March 31, 2019, was US$361,053. Gross margin has seen an increase to 41%, up from 16% during the second quarter of 2019, throughout all operations as the Company experienced a gain in biological assets as well as streamlined processes and reduced direct costs. According to BDS Analytics ("BDSA"), total retail sales throughout Oregon in the first 9 months of 2020 was estimated at $824 million with the top … The forward-looking information and forward-looking statements contained herein may include, but is not limited to, references to the ability of the Company to identify and complete acquisitions, the ability of the Company to increase revenue and margin on products sold by the Company, the ability of the Company to expand into CBD product lines, timing of the Company’s sales of Levätä™ and sales of Levätä™ through online retail marketplaces, the ability of the Company to negotiate mutually agreeable definitive agreements with and complete the proposed acquisition of Bophelo Bioscience, the ability of the Company to maintain or increase its current cash position, the future performance of capital markets and the future availability of capital to the Company, the development of the cannabis market in California, Oregon, Nevada, and other jurisdictions in which the Company operates, the ability of the Company to generate positive cash flow, the ability of the Company to improve the efficiency of its operations, the development of the market for concentrates and distillates, the ability of the Company to develop strategies to grow its business, the development of the market for hemp-based products, the ability of the Company to secure a retail footprint in Nevada, the development of the Company’s operations in Lesotho, and the ability of the Company to generate revenue in Lesotho. However, the Company had seen this particular transition coming and over the past quarter began to constrict and conserve capital, to survive and thrive in this environment. 9%. The Company is currently evaluating the future of the Nevada operations but plans on retaining licenses for the time being as they have significant monetary value. Halo Top offers ice cream for just 280-360 calories per PINT. 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 United States Private Securities Litigation Reform Act of 1995. On October 16, 2019, the Company announced that it closed a second tranche of the previously announced non-brokered private placement of Halo common shares at a price of C$0.31 per share for additional gross proceeds of approximately C$965k. Total working capital was $19.1 million. Investors can call in and Q&A with Kiranjit Sidhu the Chief Executive Officer and Katharyn Field the Chief Strategy Officer at 4pm EST on May 10, 2019: Participant Toll Free Dial-In Number: (866) 211-3166 Halo Top is a protein-rich, low-calorie ice cream that has grown in popularity over the last year. What’s more, depending on whom you ask, Halo Top might now be America’s top selling ice cream brand, period. Reuters reported in August that Halo Top was exploring a sale. The Company’s ambitious leadership has positioned the business to benefit greatly from the structural changes the global cannabis market is contending with. Such forward-looking information and forward-looking statements are not representative of historical facts or information or current condition, but instead represent only Halo’s beliefs regarding future events, plans or objectives, many of which, by their nature, are inherently uncertain and outside of Halo’s control. As of July 13th, 2015 Microsoft has sold over 70 million Halo games since its 2001 inception. Oregon did see a record harvest in the third quarter of 2019, which has allowed for strong sales in concentrates. 5 Cannabis Sector M&A Transactions That Caught Investors Attention, Halo Signs Deal to Acquire Winberry Farms, Halo Labs Reports Record Third Quarter 2020 Financial Results Reports Positive EBITDA and Operating Cash Flow, MediPharm Labs Enters New GMP Manufacturing Deal with Sunco Green Pharmaceutical Pty Ltd. in Australia, This Is Why HEXO Corp. Is In Full Blown Rally Mode, Medipharm Labs Is Taking A “Personalized” Approach To Treating Chronic Kidney Disease Leveraging Cannabinoids, Israel Will Be One Of The Cannabis Sectors Major International Growth Markets To Watch In 2021, Finish California build out by launching 2. After commencing only in November 2018, the facility in California produced 296,283 grams of distillate and 268,709 grams of live resin this quarter. to acquire the Halo Top brand. 9%. LE MARS, IOWA —Well Enterprises, Inc., has entered into a purchase agreement with Eden Creamery, L.L.C. Finally, ice cream for just 280-360 calories per PINT that actually tastes great. TORONTO--(BUSINESS WIRE)--Halo Labs Inc. ("Halo" or the "Company") (NEO: HALO, OTCQX: AGEEF, Germany: A9KN) today announced its financial and operational results for the third quarter ended September 30, 2019.
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