Halo collective news

Halo Collective Inc. About the company.

We use cookies to analyze user behavior in order to constantly improve the website for you. Learn more. Toronto, Ontario-- Newsfile Corp. Despite navigating a challenging market landscape, the company remains steadfast in its commitment to delivering quality products and adapting to changing industry dynamics. The Company also reports that its securities have been delisted from the CBOE Exchange effective as of the close of markets August 14, Halo is focused on the United States West Coast, where it has vertically integrated operations covering the entire value chain from seed to sale.

Halo collective news

Yesterday August 15 , the company published its Q2 financial results , reporting plummeting year-on-year sales figures. In the three months to June 30, , Halo saw its revenues drop It attributed these declines to ongoing oversupply in its key markets of Oregon and California, which saw sales declines of Meanwhile gross profits dropped Amid the announcement, Halo announced that as of August 14, it had been delisted from the CBOE exchange, but offered little explanation. The news came just days after Halo published its long-delayed Q4 results, and its Q1 results, following a change in auditor. Editor and Journalist with more than seven years experience reporting on business and financial sectors. A group of leading US cannabis companies is suing the federal government in an attempt to overturn the country-wide prohibition High Tide Inc. EU NA. Contact Advertise Contact Advertise. Stay informed about the latest trends and developments in the CBD industry with Business of Cannabis. Discover new products, industry insights, and more. Explore the latest developments in the hemp industry with Business of Cannabis. Find out about new products, regulations, and more.

Halo is focused on the United States West Coast, where it has vertically integrated operations covering the entire value chain from seed to sale.

We use cookies to analyze user behavior in order to constantly improve the website for you. Learn more. Toronto, Ontario-- Newsfile Corp. The Former Auditor resigned effective June 19, , and the Company's board of directors, upon the audit committee's recommendation, appointed the Successor Auditor to fill the resulting vacancy until the close of the next annual meeting of the Company's shareholders. There was no modified opinion, or other opinion, issued by the Former Auditor in connection with its audit of the Company for the period commencing at the beginning of the Company's most recently completed financial year and ending on the date of Former Auditor's resignation.

Toronto, Ontario-- Newsfile Corp. The decrease was primarily attributed to pricing challenges in the cannabis markets of both Oregon and California. These regions have witnessed an oversupply of cannabis flower, leading to downward pricing pressure on the Company's products. Total sales volume for the three months ended December 31, , totaled 1,, grams, marking a significant The reported gross margin for this period was 1. Despite this decrease, the reported gross margin for the year ended December 31, , was As of December 31, , Halo reported no unrestricted cash available. The Company remains committed to its strategic direction and continuous efforts to adapt to market dynamics. The decline in revenues was primarily attributed to the challenging market conditions in both the Oregon and California cannabis markets.

Halo collective news

Not for Distribution to U. Toronto, October 25, — Halo Collective Inc. Halo is focused on the United States West Coast, where it has vertically integrated operations covering the entire value chain from seed to sale. Halo cultivates, extracts, manufactures, and distributes quality cannabis flower, pre-rolls, vape carts, edibles, and concentrates.

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Dive into the world of holiday PR with our essential toolkit, showcasing top press release examples from Amazon to Starbucks. This dip in revenues was attributed to an oversupply of cannabis in both Oregon and California markets, leading to downward pricing pressures. Although the Company believes that the assumptions and factors used in preparing, and the expectations contained in, the forward-looking 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 or implied by such forward-looking statements which may include the failure of the Company to comply with applicable regulatory requirements, the Company's inability to complete and file the Required Filings, the failure to satisfy requirements to remove the FFCTO, the resignation or removal of an auditor; unexpected changes in governmental policies and regulations in the jurisdictions in which the Company operates. Learn More. Toggle navigation. Medical Cannabis. Halo Labs Inc. Accordingly, readers should not place undue reliance on forward-looking statements. Halo cultivates, extracts, manufactures, and distributes quality cannabis flower, pre-rolls, vape carts, edibles, and concentrates. Halo is focused on the United States West Coast, where it has vertically integrated operations covering the entire value chain from seed to sale.

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March 18, All Rights Reserved. This article highlights the top five PR trends for , offering insights to refine and modernize [ The way we see it, a helpful voice on the phone is always welcomed. Events Stay informed about upcoming cannabis events and conferences with Business of Cannabis. Europe North America. F completed the acquisition of the remaining Such factors and assumptions include, among others, the auditor's term, the review, filing and completion of the Required Filings as well as the duration and revocation of the FFCTO. Regulation Stay informed about the latest cannabis regulation developments and changes with Business of Cannabis. Learn about new laws, policies and more. All such forward-looking statements are based on the opinions and estimates of management as of the date such statements are made. However, the reported gross margin improved significantly to In the non-THC sector, Halo is expanding into health and wellness categories, including CBD and functional supplements such as nootropic nutraceuticals and non-psychotropic mushrooms. Medical Cannabis Stay up-to-date on the latest medical cannabis research, news, and information with Business of Cannabis.