Halo Collective Receives All Regulatory Approvals for its Third Budega™ Dispensary in Hollywood, Halo’s first Superstore – Yahoo Finance

All figures in USD unless stated otherwise

TORONTO, Aug. 10, 2022 /PRNewswire/ – Halo Collective Inc. (“Halo” or the “Company”) (NEO: HALO) (OTCQX: HCANF) (Germany: A9KN) today announced that its Budega Hollywood Dispensary, the Company’s first superstore,  passed its Los Angeles Department of Cannabis Regulation (the “DCR”) inspection and is expected to open in 2022. Given the larger square footage, the Company anticipates, after a ramp-up period, Budega Hollywood to be the Company’s top grossing retail store with up to $15 million in annual sales per year.

Budega Hollywood Dispensary, the Company’s first superstore, passed its Los Angeles Department of Cannabis Regulation (the “DCR”) inspection and is expected to open in 2022. (CNW Group/Halo Collective Inc.)

Budega Hollywood Dispensary, the Company’s first superstore, passed its Los Angeles Department of Cannabis Regulation (the “DCR”) inspection and is expected to open in 2022. (CNW Group/Halo Collective Inc.)

CEO and Director Katie Field commented, “This is a significant milestone towards our third planned Budega opening in the Los Angeles market. It will be the first superstore format for Budega as well. As we complete the build-out of this flagship location, we plan to simultaneously prepare the groundwork for opening, including hiring, training, and back-end infrastructure. We are extremely pleased with the location and design for our flagship dispensary and look forward to welcoming Hollywood locals and tourists alike.”

Budega Hollywood Inspection Approval

On Thursday, August 4, 2022,

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