Halo Collective Inc (HCANF)

[Scumbag Fraudsters]

That was expected, at least by me.

Maybe the new round of COVID lockdowns will artificially inflate prices for a few more months, but the correction is coming.

Long ago I said that with the ever-expanding amount of pot being grown, prices had to eventually crash: Supply & demand.

Crackdowns on illegal grows, like the one in Antelope Valley in June, are a step toward helping sustain prices for legal growers, but law enforcement can't keep up with all the illicit grows run by foreigners.

The prices estimated in the Bar X PR were unrealistic for the future. They haven't yet begun dumping tons of plants into the market and prices are already crashing.

The current average wholesale price of outdoor cannabis is the U.S. is $835 per pound. LCNH anticipates that the cannabis grown at the Bar X Ranch should be sold at even higher prices, given the historical sale prices of GMH cannabis and GMH’s affiliations with Connected Cannabis.