Sometimes the flavors tend to be a little … The facility in Nevada sold 17,681 grams of oil. Total revenue in the three months ended September 30, 2019 was $7.2 million (three months to September 30, 2018: $3.6 million), a 99% year on year increase, explained by contributions from Halo’s Oregon operations, ANM Inc (“ANM”) and the new operations of HLO Ventures, LLC in Nevada (“HLO”) and Coastal Harvest, LLC in California (“Coastal Harvest”). This extraction facility is planned to be established and operating in close proximity to the cultivation site in 2020. Halo Top ice cream is taking the world by storm! With development costs of over $100 million, it is one of the most expensive games ever made. Additionally, Bophelo is in discussion with local South African banks to secure a term loan to fund all grow operations as well as an extraction facility build out that is expected to begin operations in 2020. 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. Halo is a cannabis extraction company that develops and manufactures quality cannabis oils and concentrates, which are the fastest growing segments in the cannabis industry. Continue to increase margins in Oregon with launch of additional innovative products including premium clear concentrates. Catherine Clifford @CatClifford. On July 22, 2019, Halo launched the Shatterizer™, the first custom vaporizer device designed for the DabTabs™ Dablets™. Technical420, LLC. CSCO 2. The Warrants commenced trading on September 11, 2019 under the symbol HLO.WT.A. 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. Bophelo has secured third party funding of over $1.0 million being used in part to erect and plant an initial hectare that is projected to be fully implemented in the fourth quarter of 2019. Increase distribution of Gilt™ and Hush™ branded products into California dispensaries by selecting additional distribution partners for Central and Northern California. 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 … HaloWaypoint.com to oficjalna strona uniwersum Halo, główna ostoja społeczności, na której znaleźć można najnowsze informacje dotyczące Halo, multimedia i wieści od 343 Industries. For the nine months ended September 30, 2019, revenue was $25.4 million, a 223% increase compared to $7.9 million in the same period last year due primarily to the revenues from Halo’s new California operation, Coastal Harvest. Halo Top ice cream is taking the world by storm! NEO: HALO / OTCQX: AGEEF / GERMANY: A9KN. Net revenues represent ~ 190% quarter on quarter increase. While the concentrate business remains strong, the Company is now developing strategies to rebuild the vaporizer business around cannabis derived terpene distillate as well as live resin sauce in cartridges. Halozyme Therapeutics (HALO) delivered earnings and revenue surprises of -41.67% and -21.40%, respectively, for the quarter ended September 2019. 9%. Cautionary Note Regarding Forward-Looking Information and Statements. Margins benefited from an efficiency drive that was implemented at the end of 2018. ... Halo Top can outsell Ben & Jerry's and Haagen-Dazs. With the results of financial and operational performance in for Q1 2019, Halo Labs Inc. (“ Halo ” or “The Company”) is thrilled to see significant growth, boasting a 302 percent per year increase. Bulk distillate sales are down in California due to issues in the vape industry overall. The average price increase of shatter also contributed to the increase in revenue for the three months ended September 30, 2019. As previously disclosed, ICL 9 also has Cathedral City local cannabis business licenses for both manufacturing and distribution. Halo Top is based in Los Angeles and was founded in 2012 by Justin Woolverton. The cash used for operations was US$2,057,852, and for capex was US$347,121. Each Halo Top pint has between 240 and 360 calories, and each touts at least 20 grams of protein. Continue to build its cash position, with working capital of $19.1 million; Seek strategic acquisition targets that diversify revenue streams, create additional distribution channels, and add value to the Halo brands and product suite; Grow quality of revenue and focus on higher margin products like DabTabs™ and concentrates; Further increase margins in Oregon and California by improving efficiencies and reducing cost of goods sold; Continue the Company’s international growth trajectory with the anticipated signing and closing of the proposed acquisition of Bophelo Bioscience and the aggressive expansion of operations in Lesotho; and. The increase in revenue for the three months ended September 30, 2019 compared to the same period in 2018 was due primarily to an increase of 532,838 grams of distillate sold and an increase of 23,250 grams of shatter sold. 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). By identifying such information and statements in this manner, Halo is alerting the reader that such information and statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Halo to be materially different from those expressed or implied by such information and statements. 2015 2016 2017 2018 2019 5-year trend; Sales/Revenue 135.06M: 146.69M: 316.61M: 151.86M When Halo Top scooped the competition to become the #1 selling pint of ice cream in the U.S. this past summer, industry experts knew they were … The Company is relying on exemptions from the formal valuation and minority shareholder approval requirements available under MI 61-101. At this time, the Company has decided to halt and re-evaluate its entrance into the hemp extraction business, as the market has seen a massive price decline on hemp products. For further information regarding Halo, see Halo’s disclosure documents on SEDAR at www.sedar.com. In a new Q&A session between Michael Pachter and his audience, the gaming analyst recounted his conversation with Microsoft regarding the success of Halo 5. Halo has already signed bulk supply agreements with Falcon and Ilanka Farms (formerly Cannus Partners). Halo Top’s five-figure growth was head-and-shoulders above the pack, but No. The facility is expected to be capable of processing approximately 10,000 kilograms of hemp per month, which is expected to result in a yield of between 700 – 900 kg of high-grade distillate or isolate. Although Halo believes that the assumptions and factors used in preparing, and the expectations contained in, the forward-looking information and statements are reasonable, undue reliance should not be placed on such information and statements, and no assurance or guarantee can be given that such forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information and statements. 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. Gross margin was 28% before unrealized loss on growth of biological assets in the three months ending March 31, 2019 (three months ending March 31, 2018: -1%). Estimated Revenue & Financials. On September 4, 2019, the Company provided an update on the previously announced Bophelo transaction. Furthermore, the Company will target acquisitions that diversify revenue streams, create additional distribution channels, and become value-adding propositions. 332%. Halo Labs Reports Record Q1 2019 Revenue of US $8.7MM: US Cannabis Extraction Specialist Revenue up ~190% from Q4 2018. Halo Labs Reports Record Q1 2019 Revenue of US $8.7MM. Unilever was close to buying ice cream maker Halo Top for approximately $2 billion, but backed away from the deal, sources familiar with the negotiations told New York Post. The regulated cannabis market is maturing at an increasingly fast pace and Halo Labs has positioned itself to thrive in the new environment. Coastal achieved EBITDA of US $1,865,542, offsetting the operating loss at ANM of US$(618,400) and US $(299,371) at HLO and US $18,511 expenses at Ireland (the second planned Cathedral City facility). ORGANIC GROWTH. Technical420 is dedicated to educating investors about the risk and rewards of investing in the cannabis industry. The cash used for operations in the three months ended September 30, 2019 was $3.0 million. 332%. Your health & safety is our priority, and we're taking COVID-19 very seriously. On October 3, 2018, the Company commenced trading on the Aequitas Neo Exchange Inc., becoming a public company that is traded on the equities markets in Canada. Caliva is a leading company in California’s cannabis industry, holding 14 total cannabis licenses, placing products in more than 200 stores statewide and servicing roughly 700,000 total customers throughout the state. Halo is a global leader in cannabis oil and concentrates, having produced over 4.5 million grams of oils and concentrates since inception. However, it’s worth noting that Halo: MCC also ranked in Steam’s Top Sellers of 2019 list, which includes the games earning the most revenue in 2019. As of September 30, 2019, the Company had a cash position of $5.8 million, which including restricted cash of $2.0 million. California has undergone large market shifts in the demand for cannabis products, with the market for distillate products diminishing, shifting regulations, and recent issues surrounding the vaporization industry. The Company has significantly scaled down the Nevada business due to ongoing lawsuits surrounding additional dispensary licenses at the state level. 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). Michael Berger is Managing Partner of StoneBridge Partners LLC. SPY 3. 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. On August 19, 2019, the Company announced the launch of Levätä™, an alternative wellness brand focused on utilizing DabTabs™ technology to create a unique measured dose cannabinoid (“CBD”) consumption solution. 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 Recognition top competitors are 15Five, Officevibe and Kudos and they have annual revenue of $20.3M and 101 employees. [1] The release of Halo 5: Guardians on October 27th, 2015 pushed Halo's lifetime sales pass $5 billion. Halo expects to release updates on new distributor agreements to increase distribution of bulk and branded products further fueling success in the California market. Revenues in the three months ending March 31, 2019 were $8,718,503 (three months to March 31, 2018: $2,168,976), a 302% year on year increase, explained by first time contributions from Coastal Harvest, LLC (“Coastal Harvest”) (California operations) and HLO Ventures (NV), LLC (“HLO”) (Nevada operations) and a 32.8% increase in revenues at ANM, Inc. (“ANM”) in Oregon. Labor included in the cost of goods sold represented 8.7% of revenues (three months ending March 31, 2018: 17.8%), a substantial improvement. On February 26, 2019, Halo launched DabTabs™ Dablets in both Oregon and Nevada followed by California in late March 2019. Halo is now trading on multiple exchanges including a recent up listing to the OTCQX. 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. On August 19, 2019, the Company announced a collaboration with ilo Vapor™ (“ilo”) to launch Levätä™, an alternative wellness brand focused on utilizing DabTabs™ technology to create a unique measured dose CBD consumption solution. Fiscal year is January-December. Halo Top® Releases New Line of Bigger Pops For Dessert Lovers On The Go LE MARS, Iowa, May 5, 2020 /PRNewswire/ -- As the weather heats up, Halo Top invites fans of its light ice cream to cool down with new, bigger Halo Top Pops, a convenient and creamy line of … Each month in Q1 Halo delivered improving monthly growth. No, this is not a joke! 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". DabTabs Go™ provides quick, consistent and controlled heating, assuring consumers a full-spectrum, vaporization experience with DabTabs Dablets. Testing represented 1.5% of revenues (three months ending March 31, 2018: 8.2%), again a strong improvement. SEPTEMBER 2019. Build Out of a Southern Oregon Hemp Processing Facility to manufacture bulk CBD distillates and isolates. Halo 5's launch on October 27 represents only the start for the game. 15. Halo is part of the Horizon US Marijuana ETF (HMUS for Canada and HMUS.U for the United States). Halo has expertise in all major cannabis manufacturing processes, leveraging proprietary processes and products, and has produced over 3.5M grams of oils and concentrates since inception. Source: Trulieve Reports Another Quarter of Record Revenue, May 28, 2019 To continue delivering improving results, HALO’s primary business objectives this year include: Q1 2019 Financial and Operational Highlights. ORGANIC GROWTH. StreetInsider.com Top Tickers, 11/14/2019. On July 18, 2019, the Company announced its inclusion in the OTC Markets Cannabis Index which trades on the OTCQX Market under the ticker: .OTCQXMJ. In addition, in connection with the forward-looking information and forward-looking statements contained in this press release, Halo has made certain assumptions. 1. Halo Top’s simple proposition, paired with the online marketing savvy of Woolverton, 39, and his business partner Douglas Bouton, 33, has won over calorie-counting consumers. 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”. ORGANIC GROWTH. 2 Experts in cannabis oil and concentrates NEO: HALO / OTCQX: AGEEF / GERMANY: A9KN ... Halo Annual Revenue by Region (USD Millions) 164%: ORGANIC GROWTH. ORGANIC GROWTH. Halo and Bophelo are in the process of negotiating mutually agreeable definitive agreements. The Company’s ambitious leadership has positioned the business to benefit greatly from the structural changes the global cannabis market is contending with. What’s more, depending on whom you ask, Halo Top might now be America’s top selling ice cream brand, period. 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. Revenue is the top line item on an income statement from which all costs and expenses are subtracted to arrive at net income. is not a licensed broker-dealer, market maker, investment advisor, or underwriter. What’s more, depending on whom you ask, Halo Top might now be America’s top selling ice cream brand, period. HALO Recognition 's estimated annual revenue is currently $20.3M per year. Increase distribution in Nevada driven by additional sales force members. The Index’s goal is to highlight for investors the diversity of Cannabis companies that meet the financial, disclosure, and corporate governance standards required to trade on the OTCQX Market. Investor Relations On May 6, 2019, the Company announced the launch of the DabTabs Go™, the first and only ultra-portable vaporizer for DabTabs™ Dablets. On August 26, 2019, the Company announced it had been awarded two permanent California state licenses: a Type 11 Distribution and a Type 7 Volatile Manufacturing, for the company’s second facility in Cathedral City (“ICL 9”). For further information regarding Halo, see Halo’s disclosure documents on SEDAR at www.sedar.com. Halo Top offers ice cream for just 280-360 calories per PINT. Key assumptions used herein include, without limitation, that there will be no unexpected delays or costs in connection with the Company’s Cathedral City build out, the Company will be able to identify and negotiate agreements with suitable distribution partners, management’s expectations regarding sales of new products will be realized, the introduction o f a n ERP system and the securing of raw materials will deliver improved margins, a n increased sales force in Nevada will be able to increase distribution effectively, the Company will not encounter any unexpected costs or delays in the completion of a CBD manufacturing facility, the Company’s intended CBD manufacturing facility will be able to achieve production levels currently estimated by management and the Company will be able to identify a suitable location for a CBD manufacturing facility in the Emerald Triangle. 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.