At MoneyShow Toronto, Kiran Sidhu tells the story of Halo Labs, a producer of cannabis oil and concentrate. Founded in Oregon and expanding to Nevada and California.In Oregon alone, we’ve produced about 100,000 grams per month, net revenues $1 million/month. We hope to grow to $1 million/month in Nevada by the end of the year. With the contracts in hand, we’ll be doing $2 million/month. We’ll be $4 million US monthly run rate, $28 million annualized. Halo announced a deal with cannabis verical Falcon International.
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