 Do you want to learn how to trade stocks in cryptocurrency? Join our community of traders. Go to richpicsdaily.com and find the next 10 bagger. Who is your boy Rich from Rich TV Live and I have some big breaking news from Halo Collective. Now Halo Collective is a company that just keeps getting bigger and bigger and bigger and this news just keeps getting better and better and better. So let's break it down right now. In fact, this is probably one of the companies that has more news that I've noticed in the cannabis sector than pretty much anyone else. So and especially considering they're really price cheap, I think they're a very interesting company and I think everyone should put them on their radar and put them on their watches. I think the upside is tremendous. This is the news from Halo Collective. This is the news right here. It looks like this Halo Collective plans to acquire Williams Wonder Farms. This is the news. Halo Collective plans to acquire Williams Wonder Farms. This came out on Friday. There was a correction. So they made an adjustment. Halo Collective Inc. A vertically, I guess this came out on Saturday, a vertically integrated cannabis company entered into an asset purchase agreement effective July 23rd, 2021 pursuant to which its wholly owned subsidiary A&M Inc. will acquire the Williams Wonder Farms cannabis cultivation business in Oregon, including all trademarks, light depth flower licenses issued by the Oregon Liquor Control Commission and subject to OLCC approvals, which is the Oregon Liquor Control Commission, equipment and related operating assets. So that is what they are calling the transaction. This is what some of the strains look like. And I'm going to show you the website for Halo Collective. So the Halo Collective website looks like this HaloCo.com. And the Williams Wonder Farms website is williamswonderfarms.com. So I'd love for you guys to put this on your watch list, put it on your radar. And I'd love to know your opinion. What do you guys think of this news? What do you think of this acquisition? Williams Wonder Farms, let's break down the deal. So the planned acquisition of Williams Wonder Farms will permit Halo to increase Halo's genetics library by offering more exotic strains, increase Halo's totally owned and managed cultivation acreage to 11 acres of outdoor cultivation in Oregon, creating one of the larger cultivation companies in the state. Cultivate fresh, high quality flower year round in greenhouse. In greenhouses, producing light depth flower nine months out of the year provides space for Halo to potentially add two more Tier 2 managed licenses on the Williams site to bring the total to five acres of outdoor and greenhouse cultivation at Williams. Add a wholesale license on site to serve as a hub for flower processing, trimming and other ancillary services for all Halo's southern Oregon farms. Add six more greenhouses for more year round light depth cannabis, increasing overall yearly flower sales, add a line of pre-rolls and concentrates to the excellent Williams Wonder brand, pre-rolls and concentrates made up over 20% of retail sales in the Oregon market in 2020 by adding new SKUs in these categories, Williams Wonder brand itself is poised for growth. Once again, this is the website. I mean, look at that. Beautiful, beautiful, beautiful cannabis. Look at that. Beautiful outdoor grow, as you can see here on their website. We can scale down and learn more about Williams Farms. At Williams Wonder Farms, we love what we do. We believe in what we do and it shows in the way we grow our product. As an organic farm, we use no pesticides or growth hormones ever. Instead, our skill growers use all natural methods to produce the highest quality cannabis from medicinal and recreational use. Sure, it takes longer to slow cure the plants and hand trim the buds. Yes, it costs more to use premium soil and nutrients, but that quite literally is how we roll. Interesting. So very interesting new potential acquisition. A&M Williams Farm LLC and indirect wholly owned subsidiary of Halo will acquire three tier two marijuana production licenses and related operating assets, including vegetative, cloning and other propagation equipment and shipping containers located at least premises in Grant Pass, Oregon. A&M Williams Farm LLC will have a five-year lease on the underlying properties as well as a right, a first refusal to purchase these properties. Per audited year and results 2020 sales of Williams Wonder products in Oregon were just over 2.4 million, resulting in EBITDA of nearly 0.6 million. So 600,000 EBITDA on another 2.4 million acquisition. So just another multimillion dollar acquisition for Halo Collective. I think this is something that everyone has to consider is pretty good news. In the first three months of 2021, unaudited results show sales of over 800,000, a 48% increase on annualized basis, meaning the revenue is also growing for this acquisition. EBITDA during the same period was just over 300,000 upon signing the asset purchase agreement. Halo will assist with the day-to-day operations of the Williams Wonder Farms business under the terms of a services agreement and will purchase 100% of the product cultivated at the premises pursuant to the off-take agreement. The signing of the definitive agreement for Williams Wonder Farms will increase Halo's total harvestable cannabis canopies in Oregon to 11 acres for the season, 3 acres at Williams Wonder Farms, 6 acres at East Evans Creek in Jackson County, one additional acre of pre-purchase cannabis in the Applegate, one acre at Fall Creek's Winbury Farm. Williams Wonder Farm lies on fertile soil near freshwater from the Applegate River with well-established water rights. The Williams Wonder brand is well known and established in the Portland market where more than 70% of Williams sales in Oregon occur. Halo has also entered into consulting services agreement with William Hill, CEO and owner of Williams Wonder Farms to provide transitional and operational services in connection with the Halo acquisition of the business. Halo believes that Williams' knowledge, expertise and success in the Oregon market will help to bolster its plans to expand cultivation and increase flower in the state. Now what is the transactional details of the deal? Upon closing of the transaction, A&M Williams Farms LLC will acquire the OLCC licenses and related operating assets from the two entities doing business at Williams Farms. Williams Farms LLC and Set Ventures LLC, the Williams Wonder Entities, the consideration payable by Halo for the acquisition of the assets from Williams Wonder Entities is approximately U.S. $3.8 million. U.S. $1 million will be paid in cash. Very nice. U.S. $1.8 million will be delivered in the form of non-negotiable promissory note secured by a fixed charge over assets under the asset purchase agreement. And the balance will be paid in $25,813,261 common shares of Halo issued at closing. In addition, half of the Halo shares planned to be issued, $12,906,630 will be placed in escrow to serve as a source for any potential indemnification claims against the selling parties. The closing of the transaction is subject to the approval of the NeoExchange Inc. and the OLCC, as well as the satisfaction of other customary closing conditions. The closing is expected to occur in the fourth quarter of 2021. With this acquisition, we now will add significant cultivation capacity in southern Oregon while acquiring a great brand known for its high-quality products, as well as a top-tier outdoor and greenhouse genetics library, said Kieran Sudu, CEO and co-founder of Halo. We are honored to bring William Hill, a pioneer in Oregon, cannabis business and market, into the Halo family. As a result, Halo plans to significantly expand William's product offerings. When I decided to sell my business, I knew Halo would be a great fit because it's a company that shares our values and commitment to quality and local sourcing. I'm very excited and look forward to working with Halo to further expand the William's wonder brand, said William Earl II, owner of Williams. Some huge news. What do you think of this news? And there's some information about Williams Wonder Farms. And once again, this is the website, williamswonderfarms.com. Says here, strains are friendly, knowledgeable staff is happy to help you find the strain to meet your needs. We offer several strains, all organically grown and sustained to ensure the best quality buds. So you could see some of the strains look like this. Lemon diesel, raspberry kush, pineapple express. So you can see some of the different brands. Bubblegum, cherry pie kush, OG kush, some notable names there, nine pound hammer, fire og and animal cookies, grape ape, super skunk and green crack, gorilla glue, white, agent orange, black widow and granddaddy purple. So you could see some of the strains that these guys have. So some well known strains there. This is what some of the shops, one of the shops looks like. Pretty cool. That's a lot of strains on the shelf there. And you can see the location. So multiple locations. We partner with the best cannabis distributors in the state to be sure our products maintain the high standards we expect from farm to consumer. Click an area below to view dispensaries near you. So you can see multiple locations, multiple dispensaries. So I think this is a great acquisition. Another great acquisition for Halo Collective. What do you guys think of this news? Once again, the website for Halo Collective is haloco.com. You can scroll down and see global positioning and reach. Halo Collective is built for long term success, cultivation, manufacturing, distribution and retail. They got their hands involved with everything. And you can see Halo Collective is a company with a global reach in Malta, Lesotho in Africa, England, Canada and in the United States. So this is a company that is literally growing globally still at only four cents. So something's got to give. But this is a company that I think everyone needs to be aware of because they continue to grow. About Williams Wonder Farms. Williams Wonder Farms, Oregon's premier cannabis farm is located in a beautiful Apple Gate Valley in southern Oregon. Williams Wonder Farms adheres to 100% natural growing practices to sustainability, cultivate the highest quality products for medical and recreational use. As a family owned business, Williams strongly believes in supporting the local economy. That's why whenever possible, Williams uses local supplies that are sourced from a network of exceptional Oregon vendors. Our rich organic soil and all other natural amendments comes from Oregon businesses that Williams knows, admires and trusts. Williams staff is comprised of close friends and family members who share its commitment to quality. They're good, honest peeps. The kind you like to have a beer with or better yet, some of our products. Love to know what you guys think of this news. Now remember, Rich TV Live is strictly for information education purposes. Please, do your due diligence, do your research before you invest in anything that we talk about here in Rich TV Live. Invest in the best, the best is blessed. We have a trading club. We'd love for you to be a part of our trading club to get access to these early stage, undervalued, underappreciated, under exposed companies. First, we'll break down the fundamentals and explain to you why we think companies have a chance to be winners. I love the business of Halo Collective. They are acquiring their growth. Yes, the stock is only at four cents. There's a lot of shares out. It's not perfect. That's why it's at four cents, but I believe it's a company that everyone should be aware of because they are consistently acquiring their growth and getting bigger and bigger and bigger in an early stage cannabis sector that is only going to get bigger over time. Love to know what you guys think about this news. Love to know what you think about Halo Collective. Do you agree with this acquisition? Do you like this acquisition? Is this a company you own? Is this a stock you're interested in buying? Love to get your feedback. This is the website of the new acquisition, Williams Wonder Farms. This acquisition will be completed in Q4, so it is not complete. This is just the beginning, but I believe based on their track record that this will most likely get completed in Q4 and then they will be booked on their balance sheet. So thank you guys for watching. If you're not winning, you're not watching. We bring you the winners and we bring them to you first. What do you think of this news? Halo Labs, another acquisition, Williams Wonder Farms, and we're bringing it to you first. Thank you for watching. This is your boy Rich from Rich to Be Loud, NMO.