Halo Labs provides a sales update on its operations in California
According to BDSA, in the vape category the Hush brand generated $2.14M in California retail sales in 2020.
TORONTO — Amidst the expansion of legal sales in California, Halo has seen an increase in product sales to dispensaries with an array of offerings including flower, infused pre-rolls, concentrates, distillate cartridges and edibles.
Halo’s top-selling brand in dispensary sales is Hush, which includes vape cartridges, concentrates, edibles and infused pre-rolls. According to BDSA, in the vape category the Hush brand generated $2.14M in California retail sales in 2020 when compared to $100,531 in 2019—an overall 2,035 percent sales increase year over year. In November 2020, BDSA reported that retail sales of Hush vape cartridges reached $419,308.
Halo and its partner, Green Matter Holding, have continued to develop the 1,600 acre property in Lake County known as Bar X Ranch. In Q3 2020, Halo and GMH entered into a 50-50 joint venture, Lake County Natural Health (“LCNH”), and purchased Bar X with the intention to develop the property. Kiran Sidhu, Chief Executive Officer of Halo, shared that county licenses for the planned growing operation are already in process. On a parallel path, LCNH has started to apply for state licensure.
Co-Founder of GMH and Halo’s joint venture partner, Jedidiah Morris shared his excitement for the project stating, “We anticipate Bar X to be a huge success. I, myself, have moved to the ranch to oversee the project to ensure everything goes off without a hitch as the plans come to fruition.”