Halo Provides an Update on Bophelo Bioscience 187MM Rev! Just an excerpt from this article mentioning they are looking for funding in the banks, to phase out Phase 1 of Bophello of 25 acres. If they can harvest 2 rounds of that phase one it can yield potentially 187 million in ANNUAL revenue! I really hope that can get done as that's only phase 1 out of 4. That's only 10 hectares of 200! With that math our annual potential revenue could reach around 3,740,000,000 yes 3.7 BILLION good times ahead hold tight!
Halo is currently in discussions with licensed cannabis cultivators located in Canada, Australia and Israel,
regarding potential partnerships and commercial arrangements (including cost and revenue-sharing),
that would include financing the build-out of the initial planned 25 acres (10 hectares) at the Bophelo
site. Bophelo’s management is also in ongoing discussions with regional banks and private equity firms
regarding potential funding for future expansion at Bophelo. With Covid-19 restrictions in the region
beginning to ease, Halo believes that the discussions with banks and regional private equity firms will
progress at a quicker pace, and could provide Bophelo with more financing options to consider.
Once built out, the initial 25 acres (10 hectares) could generate up to $187 million of revenue annually,
https://halocanna.com/news/press_releases/halo-provides-an-update-on-bophelo-bioscience/