Halo To Acquire Cannabis Processing Technology Company, Announces CA$2.25M Private Placement Deal

Cannabis extraction company Halo Labs Inc. (NEO: HALO) (OTCQX: AGEEF) declared Tuesday it intends to acquire a cannabis processing technology company, 1275111 B.C. Ltd.

Under the deal, the company will obtain all of 1275111’s issued and outstanding shares in exchange for its 147,475,343 common shares.

The closing of the deal is subject to NEO Exchange Inc.’s approval.

Halo said it would utilize particular 1275111’s patent-pending intellectual property concerning cannabinoid filtration …

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