Fidest – Agenzia giornalistica/press agency

Quotidiano di informazione – Anno 32 n° 312

Halo Provides an Update on Bophelo Bioscience

Posted by fidest press agency su sabato, 26 settembre 2020

Toronto, Ontario – Halo Labs Inc. (“Halo” or the “Company”) is pleased to provide an update in respect of recent developments for Bophelo Bioscience; Wellness (Pty) Ltd. (“Bophelo”) in Lesotho, an indirect wholly-owned subsidiary of Halo. Bophelo intends to operate one of the largest-cannabis cultivation sites in the world, and is expected to cultivate and distribute high-quality cannabis, derived from exclusive, proprietary genetics under license from OG DNA Genetics (“DNA”). The Company is also pursuing a similar license arrangement with Terphogz, cultivator of the Zkittlez cannabis strains. As previously announced, Bophelo has entered into an offtake agreement with Medcan Ltd. (“Medcan”), located in Malta, that it intends to leverage upon the receipt of a Good Agricultural and Collection Practices (“GACP“) certification. The Company is pleased to announce that Andreas Met, Chief Operating Officer and Co-Founder of Halo, will be leading Halo’s international business operations, and is planning to relocate to Lesotho by the end of 2020. Mr. Met will be tasked with three priorities:Expanding Bophelo’s operation to deliver the highest-quality product at scale.Establishing Halo’s international distribution base, first in Malta in partnership with Medcan.Selling to a broad base of potential countries in the EU, including the UK.


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