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Hier noch eine schöne Zusammenfasuung von Anf. Okt. 2018 zum Cannabis-Sektor im Allgemeinen und zu Halo-Labs im Speziellen: The cannabis sector has been receiving significant attention from the media following an incredible rally by Tilray (TLRY) and we have been closely monitoring the sector. Although companies like Tilray and Canopy have been getting most of the attention, we have been watching the entire market. Today, we have issued an update on a cannabis company that we met with at the MoneyShow Toronto that has been flying under the radar. The company, Halo Labs (private) is levered to the smokeless product market and produces cannabis oils and concentrates in the United States. Smokeless cannabis products are a burgeoning vertical within the legal cannabis industry and we expect this segment to continue to experience above average growth for years to come. These products are created with cannabis oils and concentrates have been found to possess tremendous health benefits and this has also made such products attractive to consumers, especially the older consumers. Halo Labs has been generating strong revenues from its operations in Oregon and recently expanded into the California and Nevada markets. These three recreational cannabis markets are significant, and we are favorable on Halo Labs’ growth potential. The company expects to list on the Canadian NEO Exchange and commence trading soon in the first week of October. Halo Labs is led by a management team with a proven track record of success and we are keeping a close eye on this one. Halo Labs is a Burgeoning Opportunity Halo Labs is in the middle of a major expansion and has been capitalizing on the Oregon market since 2016. The company has sold more than 2.5 million grams of cannabis concentrates to the Oregon market and is currently shipping more than 100,000 grams a month (has more than 20% market share). Since inception, Halo Labs has generated more than $20 million in revenue in Oregon and has reported strong growth on a year-over-year basis. The company operates out of a 12,000 sq. ft. manufacturing facility and cultivates cannabis on seven acres of outdoor canopy space. Halo Labs is led by a management team that has proven its ability to operate at a very high level and this is an important aspect of the story. The Oregon cannabis market has been discussed by several mainstream media outlets. Although the industry has received awareness, it has been for the wrong reasons. Oregon has been used as an example for what happens when too much cannabis is produced as prices for cannabis have plunged. Although the Oregon market has been a tough place to operate, Halo Labs has been able to grow revenues by more than 170% on a year-over-year basis. While we are favorable on this growth and the focus on cannabis oil, we are glad to see Halo expand into markets that are seeing much better fundamentals and prices. Halo Expands into Nevada and California In August, Halo Labs has expanded its reach and entered the Nevada market. This is an attractive market and Nevada’s recreational marijuana market continues to record strong growth as the state has been blowing away expectations. We are favorable on Halo’s leverage to this burgeoning opportunity and will monitor how it adds value to the underlying business. Halo Labs set up shop in Las Vegas and is operating out of a state-of-the-art 8,000 sq. ft. facility in Las Vegas. The facility can produce approx. 15,000 grams a day ($45 million of revenue per year) and has both volatile and non-volatile capabilities and we are favorable on the value that can be created through this asset. The Las Vegas opportunity is massive and in July, Halo Labs started manufacturing and selling to this market. The company recently signed a binding letter of intent to acquire additional production and cultivation licenses and we are very bullish on this opportunity. The California cannabis market is the largest market in the world and Halo Labs is laser focused on this opportunity. Halo Labs expects to be manufacturing and selling to this market by October and operates out of a 9,400 square foot licensed facility in Southern California with conditional use permits and licenses. The facility has been issued a temporary state license and we are monitoring how the team executes on this. The California facility will be a major growth driver and it can producer 10,000 grams of cannabis concentrate per day. At full capacity, the facility will be able to generate $30 million in revenue on an annual basis. Going forward, Halo Labs is positioned to record incredible growth and we expect to see the team replicate what it accomplished in Oregon. Once these facilities are producing at full capacity, the business should be generating close to $100 million of revenue per year which will make it one of the largest cannabis businesses in the United States. Focused on the International Opportunity Although Halo Labs is highly focused on the United States opportunity, the company has its finger on the pulse of this market and is targeting the Canadian market as well other international opportunities. Currently, Halo Labs has a binding letter of intent with a large Canadian LP (TSX-V listed) to provide manufacturing services. The companies will operate out of a 15,000 square foot state-of-the-art manufacturing facility and the Canadian LP is designating a portion of this for extraction purposes. The companies will split revenues on a 50-50 basis and we are monitoring how the teams execute on this. On the international front, the company is exploring opportunities through joint ventures with companies that have been asking to license Halo’s know-how, management expertise, and proprietary technology. The global cannabis market is expanding rapidly, and Halo Labs is working tirelessly to increase market share. The company has proven its ability to execute in recreational cannabis markets in the United States and we are favorable on its ability to replicate its success in legal markets all over the world. A Company to Watch Halo Labs has been executing flawlessly and is well positioned to capitalize on a burgeoning cannabis oil market. The company utilizes innovative extraction technologies that are proprietary, and this is a significant value driver for the company. We expect Halo Labs to record strong growth on account of its multi-faceted growth strategy. The company has a significant white label business that supplies raw materials and processing for the creation of ready-to-sell cannabis products. This currently represents 35% of revenue and Halo expects this to be more than 50% by 2019. Halo Labs has attractive growth prospects due to the leverage to California and Nevada, and we believe that the company is in the early innings of a major growth cycle. We are favorable on the continued execution and believe that this represents an attractive differentiated opportunity. https://technical420.com/cannabis-article/halo-labs-set-make… |
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| aus der Diskussion: | Halo Collective ( A9KN) ehemals Halo Labs |
| Autor (Datum des Eintrages): | married (10.10.18 16:32:46) |
| Beitrag: | 4 von 49,647 (ID:58918188) |
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