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. AAPL 4. Illumina annual/quarterly revenue history and growth rate from 2006 to 2020. 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 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. While this is an improvement over the same corresponding period, the figure is … While revenues have diminished somewhat, the Company has doubled down on increasing gross profits and reducing expenses to increase cash flow. Halozyme Therapeutics, Inc. HALO) reported third-quarter 2019 loss of 17 cents per share, wider than the Zacks Consensus Estimate of a loss of 12 … 2015 2016 2017 2018 2019 5-year trend; Sales/Revenue 135.06M: 146.69M: 316.61M: 151.86M Improvement of Nevada margins though facility expansion to enable extraction of biomass to distillate. The branded product portfolio includes distillate and live resin products in addition to live resin dab tabs sold under Hush. On August 28, 2019, the Company announced a proposed purchase of a 17.5% equity interest in Ukiah Ventures Inc (“UVI”). AUGUST 2019. Participant International Dial-In Number: (647) 689-6581 The Company however is seeking opportunities further down the value chain in potential partnerships and acquisitions of unique CBD products. The cash used for operations in the three months ended September 30, 2019 was $3.0 million. 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. Cautionary Note Regarding Forward-Looking Information and Statements. 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. ... 2019. 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. Halozyme (HALO) reports wider-than-expected loss and misses revenue estimates in fourth-quarter 2019. On September 18, 2019, the Company announced that it has entered into an unsecured debt financing agreement (the “Loan Agreement”) with a private arm’s length lender for a principal amount of up to C$10.0 million. Like this story? Conference ID: 5929655. Halo Labs Reports Record Monthly Revenue in March 2019 US$2.8 Million (CDN $3.7 Million) Approximately April 02, 2019 03:00 AM Eastern Daylight Time TORONTO--( BUSINESS WIRE )--Halo … 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. In addition, in connection with the forward-looking information and forward-looking statements contained in this press release, Halo has made certain assumptions. Fiscal year is January-December. to acquire the Halo Top brand. 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. Justin Woolverton, CEO and founder of Halo Top, said, “We’re thrilled to join the Wells family. Published Fri, Jun 7 2019 3:55 PM EDT Updated Thu, Jun 20 2019 5:15 PM EDT. With development costs of over $100 million, it is one of the most expensive games ever made. TORONTO, May 09, 2019 — (Business Wire) — Halo Labs Inc. (“Halo… The regulated cannabis market is maturing at an increasingly fast pace and Halo Labs has positioned itself to thrive in the new environment. If Trulieve simply matches the $36.9 million in Adjusted EBITDA it generated in Q3 2019, the company will have generated $124.4 million for its fiscal year—approximately $19.4 million above the top range of stated guidance issued last May. Source: Trulieve Reports Another Quarter of Record Revenue, May 28, 2019 This field is for validation purposes and should be left unchanged. 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 July 22, 2019, Halo launched the Shatterizer™, the first custom vaporizer device designed for the DabTabs™ Dablets™. 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. The Company is exempt from the formal valuation requirement in section 5.4 and the minority shareholder approval requirement in section 5.6 of MI 61-101 in reliance on sections 5.5(a) and 5.7(a), respectively, of MI 61-101 as the fair market value of the subject matter of, nor the fair market value of the consideration for, the transaction, insofar as it involves related parties, is not more than 25% of the Company’s market capitalization. Margins benefited from an efficiency drive that was implemented at the end of 2018. TLT 9. Find recent news & articles featuring Halo Top's global success, new flavors, & reviews. As part of the transaction, UVI will assist Halo in securing a steady supply of biomass by issuing a right of first refusal to Halo for three years, up to a monthly quota of 15,000 pounds, on all biomass. 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. LE MARS, IOWA —Well Enterprises, Inc., has entered into a purchase agreement with Eden Creamery, L.L.C. 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… 332%. 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”). 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. Oregon did see a record harvest in the third quarter of 2019, which has allowed for strong sales in concentrates. Halo Top built its brand using digital advertising. SEPTEMBER 2019. To continue delivering improving results, HALO’s primary business objectives this year include: Q1 2019 Financial and Operational Highlights. DabTabs Go™ provides quick, consistent and controlled heating, assuring consumers a full-spectrum, vaporization experience with DabTabs Dablets. Halo has already signed bulk supply agreements with Falcon and Ilanka Farms (formerly Cannus Partners). All information that we provide is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. This processing facility is expected to be located in Southern Oregon in the Emerald Triangle. Read more! All values USD millions. The Company anticipates closing a final tranche for aggregate gross proceeds of up to C$1.0 million. ORGANIC GROWTH. 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. On April 15, 2019, the Company announced its intent to secure a hemp processing facility to manufacture CBD isolates and distillates, capitalizing on the CBD market which according to the Brightfield Group is projected to grow at a CAGR of 147% and projected to reach US$22 billion by 2022. The company is famous for its low-calorie, high-protein and low-sugar ice cream! ORGANIC GROWTH. The Warrants commenced trading on September 11, 2019 under the symbol HLO.WT.A. Halo Top has pretty much conquered the ice cream business. 3 min read. As of September 30, 2019, the Company had a cash position of $5.8 million, which including restricted cash of $2.0 million. Additionally, the Company will consider acquisitions which may help it become more vertically integrated, which in turn will help secure the supply chain and improve gross margin. [1] The release of Halo 5: Guardians on October 27th, 2015 pushed Halo's lifetime sales pass $5 billion. In connection with the above transaction, certain “related parties” for the purposes of MI 61-101 received Compensation Shares and the issuance thereto is considered a “related party transaction” for the purposes of MI 61-101. Halo and Bophelo are in the process of negotiating mutually agreeable definitive agreements. The forward-thinking company is led by a strong management team with deep industry knowledge and blue-chip experience. 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). 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. Bulk distillate sales are down in California due to issues in the vape industry overall. is not a licensed broker-dealer, market maker, investment advisor, or underwriter. 2 ranked NMS Capital Group, a Beverly Hills-based investment banking and … 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. ... 09/03/2019 - HALO Plans Large Expansion Of New Corporate Headquarters. Manufacturer of ice cream intended for calorie-conscious consumers. 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. 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). 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. The forward-thinking company is led by a strong management team with deep industry knowledge and blue-chip experience. AMZN. Estimated Revenue & Financials. The company achieved revenue of US$157,000 in Q1 2018, meaning Q1 of 2019 was around US$314,0000. 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. Halo expects to release updates on new distributor agreements to increase distribution of bulk and branded products further fueling success in the California market. 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. Increase distribution of Gilt™ and Hush™ branded products into California dispensaries by selecting additional distribution partners for Central and Northern California. 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. info@halocanna.com. Completion of the transaction is near and will be subject to the satisfaction of certain conditions including the receipt of any requisite regulatory, governmental and stock exchange approvals. This extraction facility is planned to be established and operating in close proximity to the cultivation site in 2020. On September 13, 2019, the Company entered into a bulk supply agreement with Caliva to provide bulk distillate, bulk live resin and live resin packaged as finished products. 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, … Distillate is now being sourced for less and will by the end of Q2 result in normalized margins in Nevada and a further increase in gross margin. Total working capital was $19.1 million. In the United States, Halo Labs will continue to build on its prevailing position as one of the country’s leading cultivators, producers and manufacturers of high-quality cannabis and cannabis related products. Microsoft plans to launch more than 15 free DLC maps by summer 2016 , while the $1 million Halo … 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". October 11, 2019 the Company announced that it has closed the previously announced non-brokered private placement of Halo common shares at a price of C$0.31 per share for aggregate gross proceeds of C$3.0 million. Your health & safety is our priority, and we're taking COVID-19 very seriously. Consistent with prior guidance, the Company launched and is on pace to introduce higher margin Oregon product offerings into the Nevada and California markets by the end of Q2 2019. 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. Halo’s revenue centric strategy has shifted towards quality of revenue, increased profits, and reduced expenses, to maintain strong cash and working capital positions to take advantage of acquisition opportunities should they arise. HALO Recognition top competitors are 15Five, Officevibe and Kudos and they have annual revenue of $20.3M and 101 employees. 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. Including a gain in the value of biological assets, cost of goods sold was $4.2 million (three months ended September 30, 2018: $3.1 million), and gross margin for the third quarter was 41% (three months ended September 30, 2018: 15%). Halo is now trading on multiple exchanges including a recent up listing to the OTCQX. The average price increase of shatter also contributed to the increase in revenue for the three months ended September 30, 2019. Find recent news & articles featuring Halo Top's global success, new flavors, & reviews. Halo is a global leader in cannabis oil and concentrates, having produced over 4.5 million grams of oils and concentrates since inception. 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). Halo 5's launch on October 27 represents only the start for the game. Not for Distribution to U.S. Newswire Servicers or For Dissemination in the United States, All figures in USD unless otherwise stated. 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. Franchise Year of inception Lifetime revenue Revenue breakdown (est.) Revenue can be defined as the amount of money a company receives from its customers in exchange for the sales of goods or services. Halo Top was founded in 2011 by Justin Woolverton. Continue international growth trajectory with launch of Lesotho facility. The Agreement specifies pricing and minimum quantities per order by product category of 5 kilograms or more. Should one or more of these risks, uncertainties or other factors materialize, or should assumptions underlying the forward-looking information or statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. 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 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. 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. The agreement is for an initial twelve-month term with interest accruing at a rate of 9% per annum. The Company has expertise across all major cannabis manufacturing processes, leveraging a variety of proprietary processes and products. Halo Labs Reports Record Q1 2019 Revenue of US $8.7MM. 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”. Expand into cannabidiol (“CBD”) product lines. For further information regarding Halo, see Halo’s disclosure documents on SEDAR at www.sedar.com. Halo Labs The Company will continue to target turn-key operations, whereby the target company brings positive cash flow into the consolidated business. ... Halo Top can outsell Ben & Jerry's and Haagen-Dazs. With the implementation of new, proprietary products (e.g. Halo Top offers ice cream for just 280-360 calories per PINT. Focus on manufacturing and selling higher margin products like Dab Tabs™ Dablets and edibles in California and Nevada. 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. ... 09/03/2019 - HALO Plans Large Expansion Of New Corporate Headquarters. Halo Top’s five-figure growth was head-and-shoulders above the pack, but No. Halo Top also changed to its current packaging, which prominently features the calories per pint: "pretty, Instagram-able packaging that serves as a billboard on a shelf," says Bouton. Halo 5's launch on October 27 represents only the start for the game. 9%. Next Up In Gaming Verge Deals 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. California continues to be the driving force behind Halo’s revenue growth. NEO: HALO / OTCQX: AGEEF / GERMANY: A9KN. The Revenue data for the Top 100 companies in the visualization below was gathered from Fortune list of Global 500 companies, which is … Halo expects the DabTabs Go™ to be available under the Company’s Gilt™ brand and available throughout California, Nevada and Oregon in July 2019. The company's low-fat and non-fat varieties of ice cream appeal to health and calorie conscious consumers and are made using organic and natural ingredients, enabling users to experience healthy variants of ice cream. ANM revenue was $3.4 million in the three months ended September 30, 2019, while HLO generated revenues of $0.4 million and Coastal Harvest $3.4 million. to acquire the Halo Top brand. 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. With development costs of over $100 million, it is one of the most expensive games ever made. 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™. 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. 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. ANM revenues were US$2,879,769 in the three months ending March 31, 2019 in comparison with US$2,168,976 in 2018. AMRN 5. Each Halo Top pint has between 240 and 360 calories, and each touts at least 20 grams of protein. Halo Labs Inc. (OTC: AGEEF) posted third-quarter revenue of $7.2 million Thursday, up 99% year-over-year. The facility in Nevada sold 17,681 grams of oil. Halo Top ice cream is taking the world by storm! Justin Woolverton, CEO and founder of Halo Top, said, “We’re thrilled to join the Wells family. The total contribution to EBITDA from operations was $929,260. Halo Top is based in Los Angeles and was founded in 2012 by Justin Woolverton. ORGANIC GROWTH. As the cannabis market throughout the United States continues to mature, Halo is establishing itself in complimentary markets directly related to the industry. Finally, ice cream for just 280-360 calories per PINT that actually tastes great. ANM achieved a gross margin of 8.0%, Coastal Harvest achieved a gross margin of 39.7% and HLO achieved a gross margin of 3.9% in the three months ending March 31, 2019. As of July 13th, 2015 Microsoft has sold over 70 million Halo games since its 2001 inception. 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 … 9%. Halozyme Therapeutics (HALO) delivered earnings and revenue surprises of -41.67% and -21.40%, respectively, for the quarter ended September 2019. Don't just take our word for it - dig in and see for yourself. The Company’s ambitious leadership has positioned the business to benefit greatly from the structural changes the global cannabis market is contending with. 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. 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. 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. 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. 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. The cash used for operations was US$2,057,852, and for capex was US$347,121. Furthermore, the Company will target acquisitions that diversify revenue streams, create additional distribution channels, and become value-adding propositions. The Company issued the Compensation Shares in two tranches. HLO generated revenues of $514,365 and Coastal Harvest $5,324,369. 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 … Testing represented 1.5% of revenues (three months ending March 31, 2018: 8.2%), again a strong improvement. Halo Top is light ice cream that actually tastes like ice cream. Halo is a shooter franchise for Microsoft's Xbox, Xbox 360 and Xbox One. The increase in revenues is explained by a 280% increase in grams of oil sold and a 6% increase in average achieved price in comparison with the three months ending March 31, 2018. DabTabs™ are proprietary ceramic discs that store a pre-measured single dose of either cannabis concentrate or oil. As previously disclosed, ICL 9 also has Cathedral City local cannabis business licenses for both manufacturing and distribution. Franchise Year of inception Lifetime revenue Revenue breakdown (est.) We highlight companies that have the most growth potential by utilizing our proprietary analytics platform. Microsoft plans to launch more than 15 free DLC maps by summer 2016 , while the $1 million Halo … HaloWaypoint.com to oficjalna strona uniwersum Halo, główna ostoja społeczności, na której znaleźć można najnowsze informacje dotyczące Halo, multimedia i wieści od 343 Industries. In addition, the Company offers the Dablets™ Go and the Dablets™ All In One to promote consumer adoption at the point of sale. 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. ORGANIC GROWTH. Investor Relations 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. 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. Halo Top is a protein-rich, low-calorie ice cream that has grown in popularity over the last year.