Halo collective news

Halo Collective Inc. About the company. F underperformed the US Pharmaceuticals industry which returned

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. As disclosed in the Company's press release dated April 3, , the OSC had previously granted a management cease trade order the " MCTO " pursuant to which all trading of the Company's securities by the Company's chief executive officer and chief financial officer was prohibited until the Company's Annual Filings were filed as required pursuant to NI

Halo collective news

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 cultivates, extracts, manufactures, and distributes quality cannabis flower, pre-rolls, vape carts, edibles, and concentrates. 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. Halo has successfully acquired and integrated a variety of companies which were subsequently reorganized to create Akanda Corp. Halo has also acquired a range of software development assets, including CannPOS, Cannalift, CannaFeels, and a discrete sublingual dosing technology, Accudab. Halo intends to reorganize these entities including their intellectual property and patent applications into a subsidiary called Halo Tek Inc. Halo Collective Inc. Investor Relations info haloco.

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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.

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. Oversupply of cannabis flower in these markets has led to a decrease in pricing, impacting overall revenues.

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. In the non-THC sector, Halo is expanding into health and wellness categories, including CBD and functional supplements such as nootropic nutraceuticals and nonpsychotropic mushrooms. Halo has successfully acquired and integrated a variety of companies which were subsequently reorganized to create Akanda Corp. Halo has also acquired a range of software development assets, including CannPOS, Cannalift, CannaFeels, and a discrete sublingual dosing technology, Accudab. Halo intends to reorganize these entities including their intellectual property and patent applications into a subsidiary called Halo Tek Inc. For additional information please contact Marshall Minor, Interim Chief Financial Officer of the Company at or marshall haloco.

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Home Business of Cannabis North America. Browse by Tags. About the company. Search Close this search box. Unlock left : 0 Yes No. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements are statements that are not historical facts and are generally, although not always, identified by words such as "expect", "plan", "anticipate", "project", "target", "potential", "schedule", "forecast", "budget", "estimate", "intend" or "believe" and similar expressions or their negative connotations, or that events or conditions "will", "would", "may", "could", "should" or "might" occur. Meanwhile gross profits dropped Share on Facebook Share on Twitter. All Rights Reserved. Tags Cannabis Capital Markets European cannabis Europe CBD Novel Food UK CBD business of cannabis california canada cannabis cannabis benchmarks cannabis cultivation cannabis industry cannabis news cannabis policy Cannabis products cannabis retail cbd CBD industry CBD products edibles europe event featured germany hemp innovation international jay rosenthal leadership legalization marijuana markets medical cannabis medicinal cannabis mjbizcon newsletter new york ontario policy regulations retail technology uk united states us. Accordingly, readers should not place undue reliance on forward-looking statements. Are you sure want to cancel subscription? F completed the acquisition of Cookie Settings We use cookies to analyze user behavior in order to constantly improve the website for you.

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Tell Us Your Story. Halo is focused on the United States West Coast, where it has vertically integrated operations covering the entire value chain from seed to sale. BofC New York. March 20, March 18, Readers are cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the future circumstances, outcomes or results anticipated in or implied by such forward-looking statements will occur or that plans, intentions or expectations upon which the forward-looking statements are based will occur. Yes No. Cookie Settings We use cookies to analyze user behavior in order to constantly improve the website for you. Send Message. The way we see it, a helpful voice on the phone is always welcomed. Are you sure want to cancel subscription? Home Business of Cannabis North America. Investor Relations info haloco. These forward-looking statements are made as of the date of this news release.