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Posted On: 10/14/2020 6:46:17 AM
Post# of 41
Sorry... the 2nd quote, regarding the financing, was meant to include this:
Halo is currently in discussions with licensed cannabis cultivators located in Canada, Australia and Israel, regarding potential partnerships and commercial arrangements (including cost and revenue-sharing), that would include financing the build-out of the initial planned 25 acres (10 hectares) at the Bophelo site. Bophelo’s management is also in ongoing discussions with regional banks and private equity firms regarding potential funding for future expansion at Bophelo. With Covid-19 restrictions in the region beginning to ease, Halo believes that the discussions with banks and regional private equity firms will progress at a quicker pace, and could provide Bophelo with more financing options to consider.
Halo is currently in discussions with licensed cannabis cultivators located in Canada, Australia and Israel, regarding potential partnerships and commercial arrangements (including cost and revenue-sharing), that would include financing the build-out of the initial planned 25 acres (10 hectares) at the Bophelo site. Bophelo’s management is also in ongoing discussions with regional banks and private equity firms regarding potential funding for future expansion at Bophelo. With Covid-19 restrictions in the region beginning to ease, Halo believes that the discussions with banks and regional private equity firms will progress at a quicker pace, and could provide Bophelo with more financing options to consider.
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