Halo Collective Inc (HCANF)

[Scumbag Fraudsters]

More dire news for this worthless POS.

We now own a ranch costing us thousands in taxes and maintenance every year but not generating a cent in revenue.

Marijuana farmers in California are now receiving the lowest price for their crop since cannabis was legalized in 2018

Cannabis Benchmarks said the price received by farmers for their cannabis not only hit the lowest levels since pot became legal in January 2018, but the lowest since 2015 when the firm began analyzing the pricing of the medical marijuana marketplace.

The average $806 a pound California farmers received last week was down from $1,581 a pound at the end of October 2020.

Outdoor growers, which predominate in places like Mendocino County and Humboldt County, known as the Emerald Triangle, did worse.

They were fetching an average of $477 a pound, last week, shows the Cannabis Benchmark data, down from $1,074 a pound, in October 2020, a more than 55 percent drop.

Koh said it’s not uncommon for outdoor growers in California to receive as low as $250 to $300 a pound.

https://www.sacbee.com/news/california/article260536727.html