Halo Collective stocks variables during the entire month, the price has commenced very well with Can$0.0650 on June 17; afterward, the share has increased to Can$0.0700, which is a high point for this month. The Company’s stock gradually crashed with fluctuation from Can$0.0700 to Can$0.0400 until day by representing 42%.
Halo Collective Inc is pleased to report that they have completed the purchase of certain assets through our wholly-owned subsidiary Halo KushBar Retail Inc. (“Halo KushBar”) on February 14, 2020, and September 1, 2020. Following the terms of the Purchase Agreement, the Company also agreed to issue a convertible bill on the 12-month anniversary of the closure. Moreover, new brand which is called Papa’s Herb has just got a wide channel via Halo Collective towards the abundant Oregon Market.
According to the Purchase Agreement, Halo KushBar has acquired three operating KushBar cannabis retail stores located in the province of Alberta (the”Portfolio”). As a reward for the Portfolio, the Company previously issued 13,461,538 ordinary shares in the Company’s capital in High Tide as a deposit, and at closing issued a convertible bill in High Tide for the principal amount of US $ 1.8 million with a conversion rate of US $ 0.16 per Halo share.
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