Halo Collective Inc. Reports Record First Quarter Results
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All figures in USD unless stated otherwise
This news release constitutes a designated news release for the purposes of the Company s prospectus supplement dated May 4, 2021 to its short form base shelf prospectus dated September 2, 2020
TORONTO, May 17, 2021 /CNW/ - Halo Collective Inc. (
Halo or the
Company ) (NEO: HALO), (OTCQX: HCANF), (Germany: A9KN) today announced its financial and operational results for three months ending March 31, 2021 ( Q1 2021 ). The Company reported record revenues of $9.9 million for Q1 2021, a 123% increase compared to the previous year. This included the sale of over 5.2 million grams of cannabis products principally to dispensaries in Oregon and California, a 253% year over year increase. Organic revenue
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