Halo Collective: RichTV Talks to the CEO Kiran Sidhu
The cannabis industry may have had a pretty tough time over the past year or so but slowly but surely it seems to be making a comeback and it is apparent in the price action in some of the better-known stocks from the sector. One of the companies from the sector that could be tracked by interested investors at this point in time is that of (NEO: HALO) (OTCQX: HCANF) (FRA: A9KN).
The company made a major announcement on Monday as well with regard to key acquisitions. Hence, it is not really a surprise that the company was the subject of the latest video from the popular YouTube investment channel RichTV Live. However, more importantly, the company’s Chief Executive Officer Kiran Sidhu joined in to participate in the discussion with the Rich Tv host.
The discussion with Sidhu is something that potential investors need to take note of. At the start of the discussion, the RichTV host noted that in the period since the last time that the two had chatted, the Halo Collective stock gained as much as 100%. Speaking at the current situation with regards to the company’s business, Sidhu said that things are moving at a pretty quick rate and Halo Collective is looking to get listed on NASDAQ. That is a significant piece of information for investors.
A listing on NASDAQ can propel a company into the big time overnight. It is one of the world’s biggest stock exchanges and attracts billions of dollars every day from hundreds of thousands of investors. Hence, a listing on NASDAQ could open a world of opportunities for Halo Collective. The possibility of being exposed to a larger pool of investors, including institutional investors, can often prove to be a significant boost to the stock.
Hence, this is something that investors need to follow closely over the course of the coming months. Sidhu also spoke about the fact that in the past people had said that Halo Collective did not have the market cap to be considered for an uplisting to the NASDAQ. However, in the interview, he pointed out that the company now does have the market cap that could be deemed acceptable by the exchange.
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