305,000 sq ft Growing Space & $0.40 financing by Rockshield What people miss is that Halo also has their own 7 acres, or ~305,000 square foot growing operation.
People completely miss that they have their own vertically integrated operation. There is so much focus on them being an extraction company doing white label production for other people and Halo's own production goes understated.
Check out the October 15th (posing with large cannabis plant) instagram shot near the bottom https://www.instagram.com/halocanna/
Robust plants, and they possibly match up with the first photo on the halocanna.com website taken by a drone, shown when you load the page.
The last round of financing at C$0.40 valued the company at 0.7x 2019 sales while most of the US peers are trading at the 4-5x 2019 sales. We think this valuation gap will not persist for long as Halo as investors become aware of the company’s strong operating history and tremendous revenue growth in 2019.
Also, check out Rockshields $8M investment at $0.40
https://www.newswire.ca/news-releases/rockshield-capital-provides-cannabis-investment-portfolio-update-683571341.htm
I believe this is a solid company with the right backing and votes of confidence through Terry Booth, Quinsam Capital, and Rockshield. Getting in around $0.40 is where the large investors got in, and I am glad that I have taken the opportunity. My confidence is strong with this company.