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Deep doubts on legal marijuana remain in GOP
The vast majority of House Republicans on Friday are expected to vote against a bill ending the federal prohibition on marijuana, underscoring the deep reservations that remain in the GOP over its use and allowing it to become widely available even as support for legalization grows.
The legislation is not expected to pass the Senate, where it would need support from at least 10 Republicans, though Senate Majority Leader Chuck Schumer (D-N.Y.) is helping to shape a different cannabis legalization bill.
This is no April Fool's joke.
Beginning April 1, 2022, edibles sold through Oregon Liquor and Cannabis Commission (OLCC) licensed stores can now contain packages up to 100mg THC and 10mg THC per serving. The previous limit was 50mg THC per package and 5mg per serving. Under OLCC rules, edibles containing the lower THC amounts remain available for sale. The change aligns with the potency allowances of most other states allowing the sale of adult-use cannabis.
To date, the OLCC has approved labels for 30 products containing 100mg edibles, including chocolate bars, cookies, cereal bars and gummies
FY 2021 is out
Revenue: 2021 $ 36,18 Mio. ->2020 $ 21,6 Mio.; + 67%
Net Loss: 2021 $ 96,9 Mio. ->2020 $ 41,1 Mio.;+ 135%
Cash 31.12.21: $ 1,71 Mio. ->2020 $ 2,7 Mio.
US Senate passes cannabis research bill
The U.S. Senate gave unanimous approval to a bipartisan bill to “cut the red tape” that stalls scientific research into the medical properties of cannabis and cannabidiols.
The measure – which would authorize the U.S. Food and Drug Administration to study cannabis products – now heads to the U.S. House of Representatives for consideration.
“This bipartisan bill is critical to better understanding the marijuana plant and its potential benefits and side effects. It will empower the FDA to analyze CBD and medical marijuana products in a safe and responsible way so that the American public can decide whether to utilize them in the future based on sound scientific data,” said Sen. Chuck Grassley.
This company is brilliant. If you wanna loose your AZZ. Down 97.98 per cent now. Thanks Baldy
Halo announces opening of Budega™ dispensary in North Hollywood
Budega North Hollywood is located at the northwest corner of Lankershim Boulevard and Hesby Avenue. Currently, hours of operation are Monday through Sunday from 7 a.m. to 10 p.m. Visit Budega.com for more information.
https://is.gd/UezpHU
How did they not see this coming?
Boss Baby complained about losing money in Oregon and said they were reducing the amount of biomass they grow this year.
But just 5 months ago they announced they would be growing more - A LOT MORE.
Oct. 13, 2021
Halo Collective expects to almost quadruple Oregon sungrown flower output
Halo Collective Inc...today announced a significant expected increase in yield and number of strains across its 11 acres of owned or contracted outdoor cultivation in the state of Oregon, which is almost four times the flower harvested at the Company's owned or managed Oregon farms during the 2020 season.
akan is run by other mentlities than halo-i think it will be a good one! 2mill float he said? and a 7mill vol day nr 2?? half the 4 mill ipo taken out of float???my mind is spinning but some facts---no shares to us the next 9 months but baldie cant touch em either---if halo sh count at 58 mill we have .22 +or- shares per halo share--at 8$ akan pps thats 1.76$ per halo share and we get halo tekfuk in june!beverage company doing own ipo!----no brainer to get more akan exposure to the buck and hopefully get our promised shares in spin-off then out of lockdown!ithink they will be alot more than 8$ when we can finally get at em-we need the despenseries upp anf running and the best for us is a turn higher in pot prices-and baldie said he will trim non performing fat--ink out again----tmonkey
Akanda has it's own board.
https://investorshub.advfn.com/Akanda-Corp-AKAN-40965/
I know you know, tmonkey.
AKAN closed @ $8.10
The video better address how Kushbar stores are going.
I assume if it was good news we'd have heard by now - probably still bleeding red.
But it's Canadian blood, so more valuable like maple syrup?
down so much on 50000sh!!it gets taken down so the wrong crowd gets a bigger piece of the pie!!-that new webcast on the way better clarify baldies concrete plans--tmonkey
myfirst buys were not so hot either---global and alpha see not alot of rish with akan valuation!!-the more people that do THAT MATH the higher we go-i got mine and wait for all my freebie dates watch em announce a date a week ago!!!!--ready to move into the farm and get some private production started---i call it a special dividend as long as nothing else more important is happening there!!---tmonkey
I should have 5 times as much or more considering I began accumulating at 41¢ pre-split ($41 post-split ).
I keep forgetting that my true PPS is actually much, MUCH higher because brokerages don't keep track of shares that have been sold, and I sold a lot at a loss.
It amazes me that lenders like Global Tech Opportunities 6 and Alpha Blue Ocean are still willing to loan tens of millions to this bottomless money pit.
Halo CEO Kiran Sidhu to appear TODAY on Rich TV
Kiran Sidhu, will be featured in an interview on Rich TV Live Network, March 17th at 1:30 pm PST. To view the interview, please go to https://youtube.com/c/RICHTVLIVE
im over 3 times that and just added again----got my fill now all in time for cut off dates for all the spinn-offs-TOOK A TON AT .31--and JUST added again under .54 on the take dn yesterdaythese last buys are at a fifth of what akan pps brings to the table alone!!!- NOT HOLDING MY BREATH for any spinnoff shares any time soon as the big cheese seems to run to his own music-and you know how too good to be true can turn out---lucky for me my shares are crypto fed-and the flow from there has slowed alot---tmonkey PS---not a scam here but poorly managed to say the least---just hoping he starts getting things right and am sure larger fish in this are pushing him hard too-----now im really out of ink!!
What's "heavily loaded" to you?
I'm over 11k shares and the last time I invested this much in a stock it turned out to be giant scam.
that is why i am heavy loaded here as the cheapest way to get a ton og akan ---if we ever get them!!--BALDY will figure out sooner or later that he can better squander the money away than the lowly shareholder that he promised the stock to---ijust hope bigger players in this are pushing that idiot in the right direction!!----tmonkey
I hope you realize that in order for 10k worth of AKAN @ $10 to double, the stock must hit $20.
In order for a 10k investment in HCANF to double, the stock only needs to hit 11¢.
With 2 more spinoffs supposedly coming to Halo shareholders, and 2 more stores possibly opening this year, 11¢ may soon be in the rearview mirror.
No telling when Akanda will see $20 again. Those who imprudently paid that much yesterday & today likely have deep regrets about that decision.
Akanda has barely grown a single plant, despite what we were misled to believe.
Halo Collective Announces Bophelo's First Sale of Cannabis Flower
The purchaser bought two lots of two different strains from the 2020/2021 growing season at a price of 30 RND (approximately $2.00 USD) per gram.
Over 20 million people in need of urgent food aid in the Horn of Africa amid severe drought and conflict
December 29, 2021
Riots, cyberattacks and strikes contribute to SA's low growth
https://allafrica.com/stories/202203070512.html
i saw that but akanda above 10 dwarfs it--and yes my buys today will give me more akanda!!--crypto is up giving me some xtra pocket $-but my buys today are the last---they can announce the akanda and halo tek dateS TOMORROW!--FAT CHANCE!!!!!!tmonkey
Have you accounted for the millions in new money being borrowed just to keep this turd afloat?
Halo is expecting that approximately $15-20 million principal amount of Convertible Debentures will be issued pursuant to the Subscription Agreement through the balance of 2022
Halo Collective...today announced that it has entered into a loan agreement (the "Loan Agreement") with Global Tech Opportunities 6 (the "Lender"), pursuant to which the Lender will loan up to $14,000,000 (the "Loan Amount") to Halo in two tranches of $7,000,000 each
avg today was probably .54 -at 2 i START UNWINDING A MONSTER HOLDING-key word-START--want some akanda and a big long trip to some never never land---maybe since akanda got done he figures he can pull off some of the other projects you mention---i think we have seen our darkest hours here and i haveg bt my way to a doable avg here-only a matter of time before people do the math of our 2.50 usd pps addition with akanda above 10--tmonkey
Seriously?
You're willing to sell for a 51¢ gain (give or take) after all this?
AVG DN TO 1.49 ---and will stay there until i start selling over 2$
Former chair Tom Eckert, who led the campaign to pass the psilocybin ballot, has created a company to train magic mushroom therapy facilitators. But as the risk of bringing the reputation of the board into disrepute grew, he resigned.
Other members also admitted recently that they were intending to pursue business ventures, after it was agreed personal and financial conflicts of interest would be formally disclosed. The board makes non-binding recommendations to health authorities.
holding over 10 and look at the vol.---that 4$ was a joke and fattened the wrong crowd----yesterdays vol and 8-10 mill today has this float up at 10+ and that is alot of banannas for halo---who knows if we will ever see our shares direct???just made last of 3 buys today---was gonna buy akan but getting them cheaper INDIRECT HERE---AVG DN TO 1.49 ---and will stay there until i start selling over 2$$-it will come but im not holding my breath!!------tmonkey
Gee, looks like I spoke to soon
Global Tech Opportunities, Alpha Blue Ocean's investment fund, has entered into an additional financing agreement of CA$65 million ($50.7million) with Halo Collective Inc in the form of convertible debentures.
ABO is expecting that a principal amount of approximately $15-20 million of convertible debentures will be issued from the subscription agreement during 2022 to fulfill Halo's business plan, including the opening of its three planned dispensaries in the Los Angeles area.
agree---but now we have to concentrate on making some money with the info we have-----akan roaring back today----i wish all my money was there but that wont happen until i make back my losses on halo-and that isnt tomorrow--AGAIN-this is being held down artifically to allow the same wrong people to make a killing on the pps catching up to true value!!!-tmonkey---PS-I JUST PULLED THE TRIGGER ON MORE!!
I'm not upset this has happened. I'm upset because this company is playing games with our share ownership of this company. It's a shell game using our money. Obviously, I hope they're successful. I didn't understand the shell game that was happening or I would have bought more HCANF prior to this bounce. It's an non-transparent game.
even if we dont see AKAN spinned off to us as promised any time soon---you cant ignore that AKAN at 10$ pps is 2,50 USD PER HALO SHARE!!!---WITH ALL THE OTHER ASSETS
3.00 SEEMS FAIR HERE YESTERDAY!!Anybody think we dont see a buck soon and keep rising after that!! as i said do the math and let the pps talk for itself-AND YES THERE WERE SOME PEOPLE that got fat on that low volume takedown to .30----i expressed my concern here im previous posts---as the volume was low not so many cheap sh will slow the rise back up!!- im takin some akan too before eow----out of ink again!-tmonkey
Yes, I understand. Barron's statement was dripping with sarcasm. Their statement was, basically,, a warning: "take profits quick because if you don't, somebody will take yours."
This isn't a normal IPO for a company with a proven track record.
It's a startup with no revenue whose main supplier is located in a third-world country, and whose products are illegal in most other countries.
That's a risky investment and evidently morning buyers were overcome with IPO fever. At the end of the day they were stuck holding morning wood.
Such deals sometimes produce large first-day pops.
I've never seen an IPO at so few shares. In the Ameritrade news window, Barron's said, "Akanda is a small IPO. Such deals sometimes produce large first-day pops."
Ya think? From $4 to $40 to $9. Seems like a clear pickpocket scheme. It just seems similar to what happened with HCANF. He takes us on on a ride and it seems to only be the shareholders who lose value.
I already told you that only 9,681 were sold at $25.80, and it plummeted from there.
58,698 sold at $17.99.
The only "big load" sold is the giant load of shit the CEO has been selling us.
at 5 it is still good for us and the big ? is did halo get top dollar earlier today for a big load?????????????-wish i knew the answer to that one----i talk too much and will just let the halo pps just do the talking now-sooner or later i want some akanda!!------tmonkey
Akanda at $8.21 and sinking like lead.
Early buyers - I mean suckers - lost 40-70% already.
HALO COLLECTIVE: Creating more victims every day.
How do you figure 4M shares is a scam?
They had to allocate some amount of shares to sell, and that's the amount their accounting firm (Bousted Securities) settled on.
The irony isn't lost on me that the firm's initials are B.S.
I'd like to know where they got that $4 per share figure from. If that was their professional estimate then they were wayyyyy off.
The way the price is tanking, it's a fair bet AKAN will end the day there.
My account's up a whopping $2700 right now which isn't much, but it's been a long time since it was green at all.
alot were sld in 20s-but even at 10! look what it means for halos valuation stripping away rest of assets in company! and maybe baldie dumped some near open??? will we ever know???-tmonkey
This had to be scam. IPO at 4 million shares total. Is this right? That's a manipulation right out if the gate.
Of 4 million, there's zero chance he's going to give any to us. Just another screw in the coffin.
But if this African endeavor works, which it might, our shares are worth more, too. As noted by our SP doubling today. But just as we once were $10 and now we're under $1, how can the market trust this company management? I'm rooting for them as I have shares I want whole again, but I don't feel much hope.
AGREE---- but today even at 10 a share for akanda-its 120 million for halo who has a ttl mkt value of 15mill right now---and that is with all the other ventures or follies included----no way you roll it arbitrage will have us a lot higher soon----and i sure wish i knew how much akanda
halo dumped at the mega prices this AM!!!!---tmonkey
Halo Tek spinoff is a year behind, Bar X harvests are 9 months behind, beverage distribution is a quarter behind, store opening was a quarter behind, Hushrooms are way behind...
Just because Baldie said in a video it will happen doesn't mean shareholders will ever see shares of Akanda or any other spinoff. I just don't trust the lying bastard.
I won't believe this until the shares hit my account:
this was always to be one of the spin-offs---too bad we didnt get em sooner to dump at 20$$--but imagine baldie did some damage with over 500 000 sh volume now ---giving our halo a warchest---his previous commitments to spinning this off to us shouldnt just vanish- but eveen baldie didnt think it would be so big and may have reconsidered???---no matter what .60 isnt a real valuation for halo now!!----tmonkey
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Founded in Oregon in 2016, 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. Halo is a global leader in cannabis oil and concentrates, having produced over 4.5 million grams of oils and concentrates since inception. The Company has expertise across all major cannabis manufacturing processes, leveraging a variety of proprietary processes and products. The forward-thinking company is led by a strong management team with deep industry knowledge and blue-chip experience. The Company is currently operating in California and Oregon, as well as in Nevada with our partner Just Quality, LLC, and in Lesotho with the Bophelo strategic partnership. With a consumer-centric focus, Halo will continue to market innovative, branded, and private label products across multiple product categories. Halo recently acquired Dispensary Track platform which will alleviate customer flow constraints experienced by dispensaries and enable direct consumer interaction.
Summary: ? Halo grew revenues beyond our expectations o As we had expected, ramping California sales drove substantially higher revenues o Opportunity in Nevada, and pricing stabilizing n Oregon ? We raise our estimates o SepQ19 revenues raised from $8.8m to $11.0m o DecQ19 revenues raised from $9.1m to $14.0m o CY19 revenues raised from $38m to $43m ? Halo is trading at a ridiculously cheap valuation versus its direct comparables: o Trading at 1.2x CY19E revenues o Average comparable trades at 11.8x CY19E revenues o The nearest valued company is CV Sciences at 4.7x CY19E revenues o Our $100 price target is only 2.5x CY19E revenues ? California is the outstanding growth driver o This is the key focus for the company o California harvest is in late Q4 o Biomass purchases from the Emerald Triangle – strong relationships with 2-3 farms
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