Halo Labs Inc (NEO:HALO) Increasing Evidence of Higher Cannabis Demand

Halo Labs Inc (NEO:HALO) (OTCMKTS:AGEEF) (FRA:A9KN) is certainly one of the cannabis companies to watch. Halo is well funded to fuel its ambitious growth plans; moreover, halo has already proven that it’s as bold as it is ambitious. Halo has established an important footing in key U.S. markets California and Oregon with a base in the famous ‘Emerald Triangle’, one of the most prolific cannabis producing areas in the world. While Halo has become associated with interesting derivative items such as the Shatterizer and DabTabs (Source: MidasLetter), through partnerships and other agreements, perhaps the most notewoirthy aspect from an investment perspective is the company’s focus on ‘biomass’.

Halo Labs Inc (NEO:HALO) Site Tour

Biomass is the key to Halo’s aim to offer the highest possible quality product, whether it’s recreational or medical. While customers can revel in the quality, investors can enjoy the fact that Halo maximizes its resources, extracting every possible ounce of product, controlling the entire process of production to maximize earnings potential. Using a less ‘bombastic’ term, Halo deals in that often discussed, but rarely executed, practice of efficiency. While, the company boasts a six-acre grow facility, it uses all the buds to produce – using organic methods – its cannabis biomass, projecting anywhere from 12,000 to 18,000 pounds of flower for the current season. Meanwhile, in Cathedral City (CA), Halo extracts, processes and manufactures its distillates for California. Subsequently, after Halo filters the various fats and waxes from the biomass, the residual, which can also be used to make edibles, moves to Halo’s Nevada facility to make retail products. The crown jewel of Halo’s industrial operation in in Medford, Oregon, where it makes concentrates in a 16,000 square feet facility. Not surprisingly, Halo is the biggest producer of such cannabis derivatives in Oregon by sales amount.

The entire Halo operation not only helps it establish a leading market position (vying for pole position in view of greater de-regulation), it helps it build brand recognition, which offers an undisputable marketing advantage, matched only by the company’s ability to diversify its range. Finally, Halo is establishing a wide distribution network, having entered into the final stages of acquiring the five hectare (with a government approved potential for expansion to 200 hectares) Bophelo Bioscience & Wellness (Pty) Ltd. In Lesotho – one of the countries with the deepest cannabis cultures worldwide (Source: MidasLetter). The cannabis market in Africa, may not be the first that investors think about, but it may well become one of the most significant in the near future.

Admittedly, while trading volume has increased considerably, most cannabis stocks – Halo included – have suffered lately. One of the major catalysts for the profits – and therefore the stock price performance – of the emerging cannabis companies will be the legalization of the ‘derivatives’ market – such as cannabis infused edibles, beverages, as well as vaping and such related products as shatter. That, in conjunction with the opening of the first official cannabis retail stores in Canada (Ontario, the most populous Province, in particular) and access to other markets should help the sector fulfill a great deal, if not in whole, of the considerable hopes and expectations that many investors have placed in the cannabis sector. The sector, in many ways, has fallen victim to its own success and its own huge potential. But, investors have become more impatient than ever and their expectations, to be fair, unrealistic. The legalization of cannabis has, doubtless, opened many possibilities for successful entrepreneurship. But, that same legalization process has been patchy. The Canadian government, the second in the world to legalize recreational cannabis use, has exploited the political benefits of its move, but has yet to deliver it. Many players, meanwhile, have acted much faster than the regulation in response to the market. If revenues have disappointed investors so far, it’s not because of poor products, poor companies or insufficient supply. It’s because the regulatory framework is still wrought with obstacles. Indeed, there is good news, based on the performance of some of the biggest new players. Revenues and demand are rising. Many cannabis companies have reported their best quarters – by revenue – to date. The results prove that the cannabis market exists and it’s effervescent. And the companies that will succeed when the regulatory environment normalizes, taking full advantage of it, need to have command of the product from the raw material to the various derivatives and distribution networks established.

Original article: Halo Labs Inc (NEO:HALO) Increasing Evidence of Higher Cannabis Demand

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