AGEEF - Halo Labs reports record November sales of $1.8M
For November, Halo Labs (AGEEF) reports record aggregate monthly sales to dispensaries in excess of $1.8M, one of the highest totals in its history.Adding in the sales to dispensaries of Herban Industries (Winberry) of almost $1M in November, on a pro forma basis, total unaudited sales would be over $2.8M (+246% Y/Y) for the month.Despite being a low sales month due to seasonality, marked by less selling days due to Thanksgiving holidays and the typical flood of flower into the Oregon and California market as the fall outdoor and greenhouse harvests come down in late September and October, Halo Labs reported record November sales.Overall sales are expected to grow as the company's product offerings expand further and the planned addition of the Winberry salesforce creates a variety of cross-selling opportunities, including bringing the Winberry premium product lines to California.
For further details see:
Halo Labs reports record November sales of $1.8M