NEO:HALO - Post Discussion
Post by
Betteryear2 on Nov 04, 2021 10:08am
Enters into Agreement to Acquire Simply Sweet Gummy
Bolsters Halo's Position in Rapidly-Growing Edibles Market, Adding Low-Sugar Offering
/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/
TORONTO, Nov. 4, 2021 /CNW/ - Halo Collective Inc. ("Halo" or the "Company") (NEO: HALO) (OTCQB: HCANF) (Germany: A9KN) today announced that it has entered into a share exchange agreement (the "Share Exchange Agreement") to acquire all of the issued and outstanding shares of Simply Sweet Gummy Ltd. ("Simply Sweet"), a health-conscious, low-sugar cannabis infused alternative confectionery company based in Vancouver, British Columbia (the "Acquisition"). The Acquisition is expected to complement Halo's strategy to introduce higher-margin, proprietary products in one of the fastest growing parts of the cannabis market, cannabis edibles.
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