TORONTO: Halo Labs Inc. has entered into a definitive share purchase agreement to acquire all of the issued and outstanding shares of Canmart Ltd. in exchange for up to 72.463 common shares of Halo. Canmart is a licensed importer and distributor of cannabis-based products for medicinal use (CBPMs) in the United Kingdom. Issuance of certain…
TORONTO: Halo Labs’ wholly owned subsidiary PSG Coastal Holdings together with Green Matter Holding founded a real estate holding company on August 18, 2020 each with 50% ownership. The newly created company, Lake County Natural Health LLC (LCNH), completed the purchase of the Bar X Ranch in Lake County, California from an unrelated party. Halo’s…
TORONTO: Halo Labs Inc. has entered into a definitive agreement dated effective August 5, 2020 with Ukiah Ventures Inc., pursuant to which Halo will acquire all the issued and outstanding shares of Ukiah in exchange for securities of the Halo. Prior to the Transaction, the Company holds a 14.7% equity stake in Ukiah as a…
TORONTO: Halo Labs Inc. has closed its previously announced acquisition of Bophelo Bioscience & Wellness (Pty) Ltd., a news release said. Halo now controls 100% of the issued and outstanding shares of Bophelo. Concurrently with closing, Ms. Louisa Mojela was appointed as a director and Chairman of Halo’s board of directors and Mr. Philip Van…
TORONTO: Halo Labs announced an update on the Company’s edibles product launch and expansion plan in California and Oregon to capitalize on segment growth. According to BDS Analytics, edibles spending in the US and Canada is forecast to grow to more than $4.1 billion by 2022. In California, ingestibles generated $44 million in sales in…
TORONTO–(BUSINESS WIRE)–Halo Labs Inc. has entered into a binding Letter of Intent (LOI) to acquire all of the common shares of Canmart Limited in the United Kingdom (UK). The total transaction size of the Canmart acquisition is anticipated to be C$6 million, payable in Halo common shares and at a deemed price of C$0.35 per…