AGEEF - Halo Labs to acquire Cannafeels
Halo Labs (AGEEF) to acquire Cannafeels in exchange for common shares of Halo.The company will acquire 100% of Cannafeels’ outstanding common shares for a purchase price of ~$6.5M, to be satisfied by the issuance of 93M Halo common shares.Acquisition is expected to close on or before October 15, 2020."Halo looks forward to supplying select European cannabis markets, beginning in Malta and the UK. With our Bophelo operation in Lesotho, we expect to meet the demand from those patients looking to obtain medicine on the private market, and those waiting to receive it from the National Health Service in the UK. Educating patients through Cannafeels, we can supplement the knowledge of medical specialists, demystifying the plant.” says Andreas Met, Co-Founder and COO.
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Halo Labs to acquire Cannafeels