Michael Berger is Managing Partner of StoneBridge Partners LLC. As Halo Top continues to mature, Wells’ expertise in everything from operations, to managing brands, to making ice cream products for over a century will help Halo Top become an even better product and stronger brand. Halozyme (HALO) reports wider-than-expected loss and misses revenue estimates in fourth-quarter 2019. Focus on manufacturing and selling higher margin products like Dab Tabs™ Dablets and edibles in California and Nevada. Halo is now trading on multiple exchanges including a recent up listing to the OTCQX. The branded product portfolio includes distillate and live resin products in addition to live resin dab tabs sold under Hush. 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). Expand into cannabidiol (“CBD”) product lines. The Company has issued an aggregate of 10,440,320 common shares (the “Compensation Shares”) to certain directors, employees and independent contractors of the Company in lieu of cash consideration. The Company is currently operating in California and Oregon as well as Nevada with our partner Just Quality. Franchise owner(s) Original platform(s) Original genre(s) One Piece: 2000 est. Technical420, LLC. ORGANIC GROWTH. 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. ORGANIC GROWTH. 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. Each Halo Top pint has between 240 and 360 calories, and each touts at least 20 grams of protein. 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. For the uninitiated, the company sells healthy ice cream. Source: Trulieve Reports Another Quarter of Record Revenue, May 28, 2019 Halo has already signed bulk supply agreements with Falcon and Ilanka Farms (formerly Cannus Partners). 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. An aggregate of 275,065 of the Compensation Shares were issued to related parties (within the meaning of Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (“MI 61-101”)) of the Company at an average price of C$0.28 and in satisfaction of C$78,137 of payables owed by the Company. As previously disclosed, ICL 9 also has Cathedral City local cannabis business licenses for both manufacturing and distribution. Halo Top was founded in 2011 by Justin Woolverton. WMT 7. Increase distribution of Gilt™ and Hush™ branded products into California dispensaries by selecting additional distribution partners for Central and Northern California. Late Monday, the company said it swung to a 25-cent per-share profit in the third quarter, from a 17-cent loss in third-quarter 2019. 09.09.2019. 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. In addition, in connection with the forward-looking information and forward-looking statements contained in this press release, Halo has made certain assumptions. to acquire the Halo Top brand. To continue delivering improving results, HALO’s primary business objectives this year include: Q1 2019 Financial and Operational Highlights. ORGANIC GROWTH. 6. 332%. 332%. AMRN 5. 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. 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. 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 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. The company is famous for its low-calorie, high-protein and low-sugar ice cream! Each Halo Top pint has between 240 and 360 calories, and each touts at least 20 grams of protein. SPY 3. 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 … 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 … Halo Top is light ice cream that actually tastes like ice cream. This field is for validation purposes and should be left unchanged. Your health & safety is our priority, and we're taking COVID-19 very seriously. In addition, the Company offers the Dablets™ Go and the Dablets™ All In One to promote consumer adoption at the point of sale. The Company has shifted its focus to building upon their established B2B sales of oil and concentrate products to dispensaries and will scale this through the first half of 2020. Improvement of Nevada margins though facility expansion to enable extraction of biomass to distillate. 15. LE MARS, IOWA —Wells Enterprises, Inc. has entered into a purchase agreement with Eden Creamery, L.L.C. Furthermore, investing in such securities involves substantial risk of loss and investors should seek advice from financial professionals before investing. Find recent news & articles featuring Halo Top's global success, new flavors, & reviews. Subscribe now and learn how you can capitalize on the Green Age! Continue international growth trajectory with launch of Lesotho facility. 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. 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. 9%. Fiscal year is January-December. Enter your email below to join the official Technical420 newsletter. 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”. Cautionary Note Regarding Forward-Looking Information and Statements. Halo Top offers ice cream for just 280-360 calories per PINT. On September 9, 2019, the Company announced that the warrants issued in connection with Halo’s private placement which closed on June 29, 2018 and business combination which closed on October 2, 2018 were approved for listing on the NEO Exchange. Halo is a global leader in cannabis oil and concentrates, having produced over 4.5 million grams of oils and concentrates since inception. The Agreement specifies pricing and minimum quantities per order by product category of 5 kilograms or more. Each month in Q1 Halo delivered improving monthly growth. The Company has expertise across all major cannabis manufacturing processes, leveraging a variety of proprietary processes and products. 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 … Halo Top ice cream became America's bestselling grocery store pint two years ago. Estimated Revenue & Financials. On September 4, 2019, the Company provided an update on the previously announced Bophelo transaction. Halo 5's launch on October 27 represents only the start for the game. Among others, the key factors that could cause actual results to differ materially from those projected in the forward-looking information and statements are the following: unexpected delays or expenses in connection with Halo’s operations, adverse changes to the CBD market, adverse changes in applicable laws; changes in general economic, business and political conditions, including changes in the financial markets and the other risks disclosed in the most recent annual information form. DabTabs™ are proprietary ceramic discs that store a pre-measured single dose of either cannabis concentrate or oil. Participant International Dial-In Number: (647) 689-6581 The Company is now analyzing cultivation and retail dispensary opportunities as potential additions and diversification. Oregon did see a record harvest in the third quarter of 2019, which has allowed for strong sales in concentrates. Sometimes the flavors tend to be a little … Net revenues of $8,718,503 represent a 302% year on year increase compared to the same period ended in 2018 ($2,168,976), driven by Halo’s improving performance and expansion into the California and Nevada markets. SBP continues to drive market awareness for leading firms in the cannabis industry throughout the U.S. and abroad. The cash used for operations in the three months ended September 30, 2019 was $3.0 million. HALO Recognition 's estimated annual revenue is currently $20.3M per year. AUGUST 2019. An aggregate of 6,333,088 of the Compensation Shares issued in the second tranche are subject to a hold period of four months plus one day from the date of issuance. Revenue is the top line item on an income statement from which all costs and expenses are subtracted to arrive at net income. For the nine months ended September 30, 2019, revenues were $25.4 million, a 223% increase from the same period last year (nine months to September 30, 2018: $7.9 million). Oregon alone experienced an increase in grams sold (28%) and price increase (4%). 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 to be materially different from those expressed or implied by such information and statements. Halo Labs Reports Record Q1 2019 Revenue of US $8.7MM: US Cannabis Extraction Specialist Revenue up ~190% from Q4 2018. The Warrants commenced trading on September 11, 2019 under the symbol HLO.WT.A. 2015 2016 2017 2018 2019 5-year trend; Sales/Revenue 135.06M: 146.69M: 316.61M: 151.86M 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. Furthermore, the Company will target acquisitions that diversify revenue streams, create additional distribution channels, and become value-adding propositions. ORGANIC GROWTH. Investor Relations Continue to increase margins in Oregon with launch of additional innovative products including premium clear concentrates. 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. The agreement is for an initial twelve-month term with interest accruing at a rate of 9% per annum. Halo Labs On April 30th, 2019, Halo up listed from the OTCQB Market to the OTCQX Market, the highest tier market that the OTC offers. Halo is now trading on multiple exchanges including a recent up listing to the OTCQX. With the implementation of new, proprietary products (e.g. ANM achieved a gross margin of 40%, Coastal Harvest achieved a gross margin of 26% and HLO achieved a gross margin of -7% in the nine months ended September 30, 2019. Testing represented 1.5% of revenues (three months ending March 31, 2018: 8.2%), again a strong improvement. The Dab Tab Go is compatible with any 510-thread battery while the All In One offers consumers a vape pen like device to vaporize the Dablets™. Meanwhile, the Bophelo acquisition holds a huge amount of promise to propel the Company forward. 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. Halo’s primary business objectives for the remainder of 2019 and into 2020 will be to: On July 16, 2019, the Company entered into an agreement with Falcon International (“Falcon”) to buy out the entire rental premium of its California locations. Illumina annual/quarterly revenue history and growth rate from 2006 to 2020. Read more! Not for Distribution to U.S. Newswire Servicers or For Dissemination in the United States, All figures in USD unless otherwise stated. Halo is part of the Horizon US Marijuana ETF (HMUS for Canada and HMUS.U for the United States). 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. 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. to acquire the Halo Top brand. 1. Halo Top is based in Los Angeles and was founded in 2012 by Justin Woolverton. CSCO 2. 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. The forward-thinking company is led by a strong management team with deep industry knowledge and blue-chip experience. Justin Woolverton, CEO and founder of Halo Top, said, “We’re thrilled to join the Wells family. Halo recently acquired Dispensary Track platform which will alleviate customer flow constraints experienced by dispensaries and enable direct consumer interaction. 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 … 9%. ORGANIC GROWTH. Oregon has seen a successful third quarter of 2019, showing continued growth and increasing profit margins. Contrary to popular belief, the analyst says that Microsoft told him that the title sold “on par” with games like Halo: Combat Evolved, Halo 2, Halo 3 and Halo 4. California continues to be the driving force behind Halo’s revenue growth. 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. Excluding the contributions of the new operations, HLO and Coastal Harvest, the increase in grams of distillate and shatter sold in those periods in Oregon were 19% and a 13% respectively. Cost of goods sold were $6,273,930 (three months ending March 31, 2018: $2,183,569) following the increase in revenues and consequently an increase in the cost of goods sold. Estimated Revenue & Financials. The Company is currently operating in California and Oregon, as well as in Nevada with our partner Just Quality, LLC, and in Lesotho with the Bophelo strategic partnership. Technical420 is dedicated to educating investors about the risk and rewards of investing in the cannabis industry. Conference ID: 9063097. Top … 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. /CNW/ - Halo Labs Inc. ("Halo" or the "Company") today announced its financial and operational results for the three months ended September 30, 2020. A post shared by Halo Top Creamery (@halotopcreamery) on Jan 29, 2019 at 8:55am PST Unilever introduced Breyers delights , a low-calorie ice cream, … Elsight (ASX: ELS) has posted a 100% increase to its March quarter 2019 revenue compared to the same period in 2018 – driven by the commercialisation of its advanced communication technologies. 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 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. 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. Read our response here. Halozyme Therapeutics (HALO) delivered earnings and revenue surprises of -41.67% and -21.40%, respectively, for the quarter ended September 2019. Halo Top’s five-figure growth was head-and-shoulders above the pack, but No. On February 26, 2019, Halo launched DabTabs™ Dablets in both Oregon and Nevada followed by California in late March 2019. The Company issued the Compensation Shares in two tranches. $1.89 billion (as of 2019) One Piece games – $1.771 billion; Shōnen Jump games – $119.3 million; Bandai Namco Entertainment All values USD millions. 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. 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. Halo Top ice cream is taking the world by storm! TORONTO, May 09, 2019 — (Business Wire) — Halo Labs Inc. (“Halo… 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. Franchise owner(s) Original platform(s) Original genre(s) One Piece: 2000 est. info@halocanna.com. HaloWaypoint.com to oficjalna strona uniwersum Halo, główna ostoja społeczności, na której znaleźć można najnowsze informacje dotyczące Halo, multimedia i wieści od 343 Industries. 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