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I 10. ... Halo Top can outsell Ben & Jerry's and Haagen-Dazs. ORGANIC GROWTH. This extraction facility is planned to be established and operating in close proximity to the cultivation site in 2020. An aggregate of 3,832,167 of the Compensation Shares issued in the first tranche were subject to a hold period of four months plus one day from the date of issuance. Halo Labs Inc. (“Halo” or the “Company”) (NEO: HALO, OTCQX: AGEEF, Germany: A9KN) today announced its financial and operational results for the first quarter ended March 31, 2019. Gross margin has seen an increase to 41%, up from 16% during the second quarter of 2019, throughout all operations as the Company experienced a gain in biological assets as well as streamlined processes and reduced direct costs. Halo Labs Reports Q3 2019 Financial Results ... E-mail Address. Build Out of a Southern Oregon Hemp Processing Facility to manufacture bulk CBD distillates and isolates. Halo also intends to increase sales of Levätä through the online retail marketplaces and by partnering large distributors of cannabis peripherals in the United States and Europe. 2 ranked NMS Capital Group, a Beverly Hills-based investment banking and … Halo Top’s simple proposition, paired with the online marketing savvy of Woolverton, 39, and his business partner Douglas Bouton, 33, has won over calorie-counting consumers. In connection with the above transaction, certain “related parties” for the purposes of MI 61-101 received Compensation Shares and the issuance thereto is considered a “related party transaction” for the purposes of MI 61-101. Top … ... 2019. SEPTEMBER 2019. The forward-looking information and forward-looking statements contained in this press release are made as of the date of this press release, and Halo does not undertake to update any forward-looking information and/or forward-looking statements that are contained or referenced herein, except in accordance with applicable securities laws. Halo’s primary business objectives for the remainder of 2019 and into 2020 will be to: On July 16, 2019, the Company entered into an agreement with Falcon International (“Falcon”) to buy out the entire rental premium of its California locations. A post shared by Halo Top Creamery (@halotopcreamery) on Jan 29, 2019 at 8:55am PST Unilever introduced Breyers delights , a low-calorie ice cream, … Halo Top is light ice cream that actually tastes like ice cream. All values USD millions. Focus on manufacturing and selling higher margin products like Dab Tabs™ Dablets and edibles in California and Nevada. The facility in Oregon produced 296,137 grams of oil. The Index’s goal is to highlight for investors the diversity of Cannabis companies that meet the financial, disclosure, and corporate governance standards required to trade on the OTCQX Market. On August 26, 2019, the Company announced it had been awarded two permanent California state licenses: a Type 11 Distribution and a Type 7 Volatile Manufacturing, for the company’s second facility in Cathedral City (“ICL 9”). ORGANIC GROWTH. On July 18, 2019, the Company announced its inclusion in the OTC Markets Cannabis Index which trades on the OTCQX Market under the ticker: .OTCQXMJ. ORGANIC GROWTH. UVI will also provide Halo with rent-free access to its Ukiah facility for the first year of the strategic relationship, allowing Halo the opportunity to manufacture closer to the source of its biomass. Halo Top General Information Description. The increase in revenue for the three months ended September 30, 2019 compared to the same period in 2018 was due primarily to an increase of 532,838 grams of distillate sold and an increase of 23,250 grams of shatter sold. By Sam Danley. Catherine Clifford @CatClifford. By identifying such information and statements in this manner, Halo is alerting the reader that such information and statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Halo to be materially different from those expressed or implied by such information and statements. Halo Top is a protein-rich, low-calorie ice cream that has grown in popularity over the last year. Continue international growth trajectory with launch of Lesotho facility. 332%. The Company is exempt from the formal valuation requirement in section 5.4 and the minority shareholder approval requirement in section 5.6 of MI 61-101 in reliance on sections 5.5(a) and 5.7(a), respectively, of MI 61-101 as the fair market value of the subject matter of, nor the fair market value of the consideration for, the transaction, insofar as it involves related parties, is not more than 25% of the Company’s market capitalization. Caliva is a leading company in California’s cannabis industry, holding 14 total cannabis licenses, placing products in more than 200 stores statewide and servicing roughly 700,000 total customers throughout the state. TLT 9. With development costs of over $100 million, it is one of the most expensive games ever made. All information that we provide is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. The forward-thinking company is led by a strong management team with deep industry knowledge and blue-chip experience. The branded product portfolio includes distillate and live resin products in addition to live resin dab tabs sold under Hush. For the nine months ended September 30, 2019, revenues were $25.4 million, a 223% increase from the same period last year (nine months to September 30, 2018: $7.9 million). ... 09/03/2019 - HALO Plans Large Expansion Of New Corporate Headquarters. Entry into the California market fueled significant growth as revenues these three months were $8,718,503 representing a 302% year on year increase (three months to March 31, 2018: $2,168,976). Each Halo Top pint has between 240 and 360 calories, and each touts at least 20 grams of protein. For the nine months ended September 30, 2019, revenue was $25.4 million, a 223% increase compared to $7.9 million in the same period last year due primarily to the revenues from Halo… Increase distribution of Gilt™ and Hush™ branded products into California dispensaries by selecting additional distribution partners for Central and Northern California. The Company anticipates closing a final tranche for aggregate gross proceeds of up to C$1.0 million. Make It. Net revenues of $8,718,503 represent a 302% year on year increase compared to the same period ended in 2018 ($2,168,976), driven by Halo’s improving performance and expansion into the California and Nevada markets. Estimated Revenue & Financials. Excluding the contributions of the new operations, HLO and Coastal Harvest, the increase in grams of distillate and shatter sold in those periods in Oregon were 19% and a 13% respectively. According to BDS Analytics ("BDSA"), total retail sales throughout Oregon in the first 9 months of 2020 was estimated at $824 million with the top … On February 26, 2019, Halo launched DabTabs™ Dablets in both Oregon and Nevada followed by California in late March 2019. Halo has also begun evaluating opportunities for vertical integration into the California market in a similar fashion as its Oregon operations. The Company raised bridge financing of US$1.7 million in the three months ending March 31, 2019, and cash at the end of March 31, 2019, was US$361,053. Halo expects to begin sales of the Levätä™ collection to retailers in the fourth quarter of 2019, leveraging its direct sales force in California, Oregon, and Nevada. What’s more, depending on whom you ask, Halo Top might now be America’s top selling ice cream brand, period. Like this story? Investor Relations All subsequent written and oral forward-looking information and statements attributable to Halo or persons acting on its behalf is expressly qualified in its entirety by this notice. Halozyme (HALO) reports wider-than-expected loss and misses revenue estimates in fourth-quarter 2019. Microsoft plans to launch more than 15 free DLC maps by summer 2016 , while the $1 million Halo … The cash used for operations was US$2,057,852, and for capex was US$347,121. Key assumptions used herein include, without limitation, that there will be no unexpected delays or costs in connection with the Company’s Cathedral City build out, the Company will be able to identify and negotiate agreements with suitable distribution partners, management’s expectations regarding sales of new products will be realized, the introduction o f a n ERP system and the securing of raw materials will deliver improved margins, a n increased sales force in Nevada will be able to increase distribution effectively, the Company will not encounter any unexpected costs or delays in the completion of a CBD manufacturing facility, the Company’s intended CBD manufacturing facility will be able to achieve production levels currently estimated by management and the Company will be able to identify a suitable location for a CBD manufacturing facility in the Emerald Triangle. Franchise Year of inception Lifetime revenue Revenue breakdown (est.) Halo also intends to increase sales of Levätä™ through the online retail marketplaces and by partnering with large distributors of cannabis peripherals in the United States and Europe. At this time, the Company has decided to halt and re-evaluate its entrance into the hemp extraction business, as the market has seen a massive price decline on hemp products. Participant International Dial-In Number: (647) 689-6581 DabTab™ Dablets) as well as implementing existing contracts, the Company is now operating at an annualized production rate of approximately $25MM USD, which is in line with Halo’s previous guidance. Halo and Bophelo are in the process of negotiating mutually agreeable definitive agreements. Fiscal year is January-December. Investors can call in and Q&A with Kiran Sidhu, the Chief Executive Officer, and Philip Van Den Berg, the Chief Financial Officer, at 9 a.m. EST on Friday, November 15, 2019: Participant Toll Free Dial-In Number: (866) 211-3166 With a consumer-centric focus, Halo will continue to market innovative branded and private label products across multiple product categories. Halo expects to release updates on new distributor agreements to increase distribution of bulk and branded products further fueling success in the California market. The company achieved revenue of US$157,000 in Q1 2018, meaning Q1 of 2019 was around US$314,0000. Halo has expertise in all major cannabis manufacturing processes, leveraging proprietary processes and products, and has produced over 3.5M grams of oils and concentrates since inception. Franchise Year of inception Lifetime revenue Revenue breakdown (est.) Halo is a cannabis extraction company that develops and manufactures quality cannabis oils and concentrates, which are the fastest growing segments in the cannabis industry. Not for Distribution to U.S. Newswire Servicers or For Dissemination in the United States, All figures in USD unless otherwise stated. If Trulieve simply matches the $36.9 million in Adjusted EBITDA it generated in Q3 2019, the company will have generated $124.4 million for its fiscal year—approximately $19.4 million above the top range of stated guidance issued last May. California has undergone large market shifts in the demand for cannabis products, with the market for distillate products diminishing, shifting regulations, and recent issues surrounding the vaporization industry. 09.09.2019. Franchise owner(s) Original platform(s) Original genre(s) One Piece: 2000 est. Halo Annual Revenue by Region (USD Millions) 164%. Halozyme Therapeutics, Inc. HALO) reported third-quarter 2019 loss of 17 cents per share, wider than the Zacks Consensus Estimate of a loss of 12 … 2015 2016 2017 2018 2019 5-year trend; Sales/Revenue 135.06M: 146.69M: 316.61M: 151.86M California continues to be the driving force behind Halo’s revenue growth. When Halo Top scooped the competition to become the #1 selling pint of ice cream in the U.S. this past summer, industry experts knew they were … Among others, the key factors that could cause actual results to differ materially from those projected in the forward-looking information and statements are the following: unexpected delays or expenses in connection with Halo’s operations, adverse changes to the CBD market, adverse changes in applicable laws; changes in general economic, business and political conditions, including changes in the financial markets and the other risks disclosed in the most recent annual information form. ORGANIC GROWTH. Generally, such forward-looking information or forward-looking statements can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or may contain statements that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “will continue”, “will occur” or “will be achieved”. Halo expects the DabTabs Go™ to be available under the Company’s Gilt™ brand and available throughout California, Nevada and Oregon in July 2019. Enter your email below to join the official Technical420 newsletter. Halo Labs Inc. (“Halo” or the “Company”) (NEO: HALO, OTCQX: AGEEF, Germany: A9KN) today announced its financial and operational results for the first quarter ended March 31, 2019.Entry into the California market fueled significant growth as revenues these three months were $8,718,503 representing a 302% year on year increase (three months to March 31, 2018: $2,168,976). The Agreement specifies pricing and minimum quantities per order by product category of 5 kilograms or more. Microsoft plans to launch more than 15 free DLC maps by summer 2016 , while the $1 million Halo … With the implementation of new, proprietary products (e.g. AMZN. The increase in revenues is explained by a 280% increase in grams of oil sold and a 6% increase in average achieved price in comparison with the three months ending March 31, 2018. Increase distribution in Nevada driven by additional sales force members. Halo Top offers ice cream for just 280-360 calories per PINT. On July 22, 2019, Halo launched the Shatterizer™, the first custom vaporizer device designed for the DabTabs™ Dablets™. SBP continues to drive market awareness for leading firms in the cannabis industry throughout the U.S. and abroad. HALO Recognition 's estimated annual revenue is currently $20.3M per year. Halo issued an aggregate of approximately 2.7 million common shares for the buyout of a portion of rent at these two sites, providing the Company a total savings of C$1.2 million and overall reduced rent expenditure of 26%. All values USD millions. The Company is currently in a solid cash position in a challenging capital market environment where other companies in the cannabis industry have had to scale back growth plans. Halo is part of the Horizon US Marijuana ETF (HMUS for Canada and HMUS.U for the United States). ANM achieved a gross margin of 40%, Coastal Harvest achieved a gross margin of 26% and HLO achieved a gross margin of -7% in the nine months ended September 30, 2019. Halo Labs Reports Record Monthly Revenue in March 2019 US$2.8 Million (CDN $3.7 Million) Approximately April 02, 2019 03:00 AM Eastern Daylight Time TORONTO--( BUSINESS WIRE )--Halo … This press release contains certain "forward-looking information" within the meaning of applicable Canadian securities legislation and may also contain statements that may constitute "forward-looking statements" within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Halo’s revenue centric strategy has shifted towards quality of revenue, increased profits, and reduced expenses, to maintain strong cash and working capital positions to take advantage of acquisition opportunities should they arise. Elsight (ASX: ELS) has posted a 100% increase to its March quarter 2019 revenue compared to the same period in 2018 – driven by the commercialisation of its advanced communication technologies. The Company issued the Compensation Shares in two tranches. Halo Top ice cream became America's bestselling grocery store pint two years ago. DabTabs Go™ provides quick, consistent and controlled heating, assuring consumers a full-spectrum, vaporization experience with DabTabs Dablets. While revenues have diminished somewhat, the Company has doubled down on increasing gross profits and reducing expenses to increase cash flow. As previously disclosed, ICL 9 also has Cathedral City local cannabis business licenses for both manufacturing and distribution. Subscribe now and learn how you can capitalize on the Green Age! On September 18, 2019, the Company announced that it has entered into an unsecured debt financing agreement (the “Loan Agreement”) with a private arm’s length lender for a principal amount of up to C$10.0 million. Improvement of Nevada margins though facility expansion to enable extraction of biomass to distillate. The Company has significantly scaled down the Nevada business due to ongoing lawsuits surrounding additional dispensary licenses at the state level. 1. Next Up In Gaming Verge Deals The forward-looking information and forward-looking statements contained herein may include, but is not limited to, references to the ability of the Company to identify and complete acquisitions, the ability of the Company to increase revenue and margin on products sold by the Company, the ability of the Company to expand into CBD product lines, timing of the Company’s sales of Levätä™ and sales of Levätä™ through online retail marketplaces, the ability of the Company to negotiate mutually agreeable definitive agreements with and complete the proposed acquisition of Bophelo Bioscience, the ability of the Company to maintain or increase its current cash position, the future performance of capital markets and the future availability of capital to the Company, the development of the cannabis market in California, Oregon, Nevada, and other jurisdictions in which the Company operates, the ability of the Company to generate positive cash flow, the ability of the Company to improve the efficiency of its operations, the development of the market for concentrates and distillates, the ability of the Company to develop strategies to grow its business, the development of the market for hemp-based products, the ability of the Company to secure a retail footprint in Nevada, the development of the Company’s operations in Lesotho, and the ability of the Company to generate revenue in Lesotho. The company's low-fat and non-fat varieties of ice cream appeal to health and calorie conscious consumers and are made using organic and natural ingredients, enabling users to experience healthy variants of ice cream. Halo Top is based in Los Angeles and was founded in 2012 by Justin Woolverton. $1.89 billion (as of 2019) One Piece games – $1.771 billion; Shōnen Jump games – $119.3 million; Bandai Namco Entertainment Halozyme Therapeutics (HALO) delivered earnings and revenue surprises of -41.67% and -21.40%, respectively, for the quarter ended September 2019. The regulated cannabis market is maturing at an increasingly fast pace and Halo Labs has positioned itself to thrive in the new environment. For the three months ended September 30, 2019, the Company’s gross profit and gross margin were $2.9 million and 41% respectively, representing record quarterly results since the Company’s inception. Reuters reported in August that Halo Top was exploring a sale. Technical420, LLC. NTAP 8. Halo launched a line of cannabis edibles products in Oregon in November of 2018, featuring single piece chews and a syrup-based drink. Oregon did see a record harvest in the third quarter of 2019, which has allowed for strong sales in concentrates. On August 19, 2019, the Company announced a collaboration with ilo Vapor™ (“ilo”) to launch Levätä™, an alternative wellness brand focused on utilizing DabTabs™ technology to create a unique measured dose CBD consumption solution. Including a gain in the value of biological assets, cost of goods sold was $4.2 million (three months ended September 30, 2018: $3.1 million), and gross margin for the third quarter was 41% (three months ended September 30, 2018: 15%). Halo is a shooter franchise for Microsoft's Xbox, Xbox 360 and Xbox One. Michael Berger is Managing Partner of StoneBridge Partners LLC. In the United States, Halo Labs will continue to build on its prevailing position as one of the country’s leading cultivators, producers and manufacturers of high-quality cannabis and cannabis related products. Halo 5's launch on October 27 represents only the start for the game. Additionally, the Company will consider acquisitions which may help it become more vertically integrated, which in turn will help secure the supply chain and improve gross margin. In addition, in connection with the forward-looking information and forward-looking statements contained in this press release, Halo has made certain assumptions. Halo Labs Inc. (OTC: AGEEF) posted third-quarter revenue of $7.2 million Thursday, up 99% year-over-year. Finally, ice cream for just 280-360 calories per PINT that actually tastes great. Halo Labs Inc. (“Halo” or the “Company”) (NEO: HALO, OTCQX: AGEEF, Germany: A9KN) today announced its financial and operational results for the first quarter ended March 31, 2019.Entry into the California market fueled significant growth as revenues these three months were $8,718,503 representing a 302% year on year increase … Bophelo has secured third party funding of over $1.0 million being used in part to erect and plant an initial hectare that is projected to be fully implemented in the fourth quarter of 2019. 5 Cannabis Sector M&A Transactions That Caught Investors Attention, Halo Signs Deal to Acquire Winberry Farms, Halo Labs Reports Record Third Quarter 2020 Financial Results Reports Positive EBITDA and Operating Cash Flow, MediPharm Labs Enters New GMP Manufacturing Deal with Sunco Green Pharmaceutical Pty Ltd. in Australia, This Is Why HEXO Corp. Is In Full Blown Rally Mode, Medipharm Labs Is Taking A “Personalized” Approach To Treating Chronic Kidney Disease Leveraging Cannabinoids, Israel Will Be One Of The Cannabis Sectors Major International Growth Markets To Watch In 2021, Finish California build out by launching 2. $1.89 billion (as of 2019) One Piece games – $1.771 billion; Shōnen Jump games – $119.3 million; Bandai Namco Entertainment Securing a retail footprint is a significant factor in driving revenue and profit in this market. The Warrants commenced trading on September 11, 2019 under the symbol HLO.WT.A. The Dab Tab Go is compatible with any 510-thread battery while the All In One offers consumers a vape pen like device to vaporize the Dablets™. On August 19, 2019, the Company announced the launch of Levätä™, an alternative wellness brand focused on utilizing DabTabs™ technology to create a unique measured dose cannabinoid (“CBD”) consumption solution. info@halocanna.com. HALO Recognition 's estimated annual revenue is currently $20.3M per year. An aggregate of 275,065 of the Compensation Shares were issued to related parties (within the meaning of Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (“MI 61-101”)) of the Company at an average price of C$0.28 and in satisfaction of C$78,137 of payables owed by the Company. AMRN 5. On October 16, 2019, the Company announced that it closed a second tranche of the previously announced non-brokered private placement of Halo common shares at a price of C$0.31 per share for additional gross proceeds of approximately C$965k. Participant International Dial-In Number: (647) 689-6581 Halo Top® Releases New Line of Bigger Pops For Dessert Lovers On The Go LE MARS, Iowa, May 5, 2020 /PRNewswire/ -- As the weather heats up, Halo Top invites fans of its light ice cream to cool down with new, bigger Halo Top Pops, a convenient and creamy line of … Halo Top’s five-figure growth was head-and-shoulders above the pack, but No. Revenues in the three months ending March 31, 2019 were $8,718,503 (three months to March 31, 2018: $2,168,976), a 302% year on year increase, explained by first time contributions from Coastal Harvest, LLC (“Coastal Harvest”) (California operations) and HLO Ventures (NV), LLC (“HLO”) (Nevada operations) and a 32.8% increase in revenues at ANM, Inc. (“ANM”) in Oregon. This field is for validation purposes and should be left unchanged. As of July 13th, 2015 Microsoft has sold over 70 million Halo games since its 2001 inception. Completion of the transaction is near and will be subject to the satisfaction of certain conditions including the receipt of any requisite regulatory, governmental and stock exchange approvals. Such forward-looking information and forward-looking statements are not representative of historical facts or information or current condition, but instead represent only Halo’s beliefs regarding future events, plans or objectives, many of which, by their nature, are inherently uncertain and outside of Halo’s control. Halo Labs Lesotho continues to be the future of the Company’s international growth, unlocking access to one of the World’s largest cannabis grows of up to 205 hectares. to acquire the Halo Top brand. HaloWaypoint.com to oficjalna strona uniwersum Halo, główna ostoja społeczności, na której znaleźć można najnowsze informacje dotyczące Halo, multimedia i wieści od 343 Industries. As Halo Top continues to mature, Wells’ expertise in everything from operations, to managing brands, to making ice cream products for over a century will help Halo Top become an even better product and stronger brand. With the results of financial and operational performance in for Q1 2019, Halo Labs Inc. (“ Halo ” or “The Company”) is thrilled to see significant growth, boasting a 302 percent per year increase. Consistent with prior guidance, the Company launched and is on pace to introduce higher margin Oregon product offerings into the Nevada and California markets by the end of Q2 2019. By identifying such information and statements in this manner, Halo is alerting the reader that such information and statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results to be materially different from those expressed or implied by such information and statements. Labor included in the cost of goods sold represented 8.7% of revenues (three months ending March 31, 2018: 17.8%), a substantial improvement. Shares down. As Halo Top continues to mature, Wells’ expertise in everything from operations, to managing brands, to making ice cream products for over a century will help Halo Top become an even better product and stronger brand. Total working capital was $19.1 million. 15. Conference ID: 9063097. The Company has issued an aggregate of 10,440,320 common shares (the “Compensation Shares”) to certain directors, employees and independent contractors of the Company in lieu of cash consideration. The cash used for operations in the three months ended September 30, 2019 was $3.0 million. This press release contains certain “forward-looking information” within the meaning of applicable Canadian securities legislation and may also contain statements that may constitute “forward-looking statements” within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Gross margin was temporarily deflated in Nevada Q1 due to high inventory costs of oil as a result of FIFO inventory accounting. The average price increase of shatter also contributed to the increase in revenue for the three months ended September 30, 2019. For the nine months ended September 30, 2019, revenue was $25.4 million, a 223% increase compared to $7.9 million in the same period last year due primarily to the revenues from Halo’s new California operation, Coastal Harvest. On September 13, 2019, the Company entered into a bulk supply agreement with Caliva to provide bulk distillate, bulk live resin and live resin packaged as finished products. The total contribution to EBITDA from operations was $929,260. The Company launched the initial rollout of the Shatterizer™ in Oregon and projects strong growth with the device as demand for DabTabs™ continues to increase. Furthermore, the Company will target acquisitions that diversify revenue streams, create additional distribution channels, and become value-adding propositions. HALO Recognition top competitors are 15Five, Officevibe and Kudos and they have annual revenue of $20.3M and 101 employees. The Company is currently operating in California and Oregon as well as Nevada with our partner Just Quality. Find recent news & articles featuring Halo Top's global success, new flavors, & reviews. The Company is currently operating in California and Oregon, as well as in Nevada with our partner Just Quality, LLC, and in Lesotho with the Bophelo strategic partnership. Halo recently acquired Dispensary Track platform which will alleviate customer flow constraints experienced by dispensaries and enable direct consumer interaction. CSCO 2. Halo Labs Reports Record Q1 2019 Revenue of US $8.7MM. StreetInsider.com Top Tickers, 11/14/2019. Read more! The Company has also begun operations in Lesotho Africa through a strategic partnership. Justin Woolverton, CEO and founder of Halo Top, said, “We’re thrilled to join the Wells family. No, this is not a joke! Sometimes the flavors tend to be a little … However, it’s worth noting that Halo: MCC also ranked in Steam’s Top Sellers of 2019 list, which includes the games earning the most revenue in 2019. Continued margin improvement at core manufacturing facility in Oregon with introduction of a customized ERP system. The forward-looking information and forward-looking statements contained herein may include, but is not limited to, the Company’s primary business objectives for the upcoming year, the expectation to provide updates on new distributor agreements, expected increases to the Company’s margin and the timing thereof, the expectation that DabTabs Go™ will be available under the Company’s Gilt™ brand and available throughout California, Nevada and Oregon in July 2019, the projected growth rate of the CBD market, the expected size of the CBD market in 2022 and the location, completion and production of a hemp processing facility.

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