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home / news releases / halo labs down 10 despite posting significant growth

AGEEF - Halo Labs down 10% despite posting significant growth in California

Halo Labs Inc
Halo Labs (AGEEF) provides an update on its California operations.According to BDS Analytics, spending for legal cannabis use reached $3.2B in the state between January and November 2020 and is projected to exceed $4B by 2022.Hush brand generated $2.14M in California retail sales in 2020 when compared to  $100,531 in 2019, an overall 2,035% sales increase Y/Y.In 2020, the company formed a partnership with FlowerShop and expect to launch three new products in California in the coming months.Recently, entered letter of intent with Red Light Holland for creating a JV to become a licensed psilocybin manufacturer to supply psilocybin products to licensed service centers in the State of Oregon.Shares -10% after market hours.

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Halo Labs down 10% despite posting significant growth in California
Stock Information
Company Name: Halo Labs Inc
Stock Symbol: AGEEF
Market: OTC
Website: halolabs.io
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