Halo Labs Inc. ('Halo' or the 'Company') (NEO: HALO, OTCQX: AGEEF, Germany: A9KN) is pleased to announce Bophelo Bioscience & Wellness ('Bophelo') has formally commenced the certification process required to achieve European Good Agricultural and Collection Practices ('EU GACP') accreditation for cannabis grown at the Company's 205-hectare cultivation site at Bophelo in Lesotho, Africa.

Obtaining EU GACP certification would allow Halo to export medicinal cannabis and CannabisBased Products for Medicinal use ('CBPMs') to the United Kingdom as well as countries in the European Union. According to Prohibition Partners, the CBPM market in the UK is comprised of 1.4 million consumers who use CBPMs for health treatments with an additional 4.7 million recreational cannabis users. This translate to a medical cannabis market that is predicted to be worth roughly $1.3 billion by 2024. To achieve EU GACP accreditation, Halo has engaged Pharmaconsulta Limited ('Pharmaconsulta'), an independent firm based out of Malta in Europe, that specializes in pharmaceutical regulatory affairs. Pharmaconsulta will implement a comprehensive quality control program to ensure that cannabis grown at Bophelo may be exported to various legal international markets.

The firm will ensure the following milestones are completed

About Halo

Halo is a global cannabis extraction company that develops and manufactures quality cannabis oils and concentrates, which are the fastest growing segments in the cannabis industry. Halo is a global leader in cannabis oil and concentrates, having produced over 4.5 million grams of oils and concentrates since inception. The Company has expertise across all major cannabis manufacturing processes, leveraging a variety of proprietary processes and products. The forward-thinking company is led by a strong management team with deep industry knowledge and blue-chip experience. The Company is currently operating in California and Oregon, as well as in Nevada with our partner Just Quality, LLC, and in Lesotho with the 205-hectare Bophelo cultivation zone.

About Pharmaconsulta

Pharmaconsulta is an independent consultancy firm based in Malta (EU) specializing in pharmaceutical regulatory affairs. Besides offering consultancy services, they also offer contract manufacture, laboratory analysis and QP batch release through approved suppliers that are all GMP audited and certified. Pharmaconsulta provides specialist advice and assistance with particular emphasis on EU GMP/GDP/GLP guidelines. The services offered include, but are not limited to, EU market penetration, local representation and distribution, contract Responsible/Qualified Person (RP)/(QP) provision, licensing support, dossier submission review, Patient Information Leaflet (PIL) and Summary of Product Characteristics (SPC) origination and printing, advertising review, pharmacovigilance, Standard Operating Procedures creation (SOP) warehousing and logistics, regulatory solutions and strategic planning.

Cautionary Note Regarding Forward-Looking Information and Statements

This press release contains certain 'forward-looking information' within the meaning of applicable Canadian securities legislation and may also contain statements that may constitute 'forward-looking statements' within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Such forward-looking information and forward-looking statements are not representative of historical facts or information or current condition, but instead represent only Halo's beliefs regarding future events, plans or objectives, many of which, by their nature, are inherently uncertain and outside of Halo's control. Generally, such forward-looking information or forward-looking statements can be identified by the use of forward-looking terminology such as 'plans', 'expects' or 'does not expect', 'is expected', 'budget', 'scheduled', 'estimates', 'forecasts', 'intends', 'anticipates' or 'does not anticipate', or 'believes', or variations of such words and phrases or may contain statements that certain actions, events or results 'may', 'could', 'would', 'might' or 'will be taken', 'will continue', 'will occur' or 'will be achieved'. The forward-looking information and forwardlooking statements contained herein may include, but is not limited to, statements regarding the partnership with Pharmaconsulta Limited to obtain EU GACP certificates in Lesotho, Africa. By identifying such information and statements in this manner, Halo is alerting the reader that such information and statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results to be materially different from those expressed or implied by such information and statements. In addition, in connection with the forward-looking information and forward-looking statements contained in this press release, Halo has made certain assumptions. Although Halo believes that the assumptions and factors used in preparing, and the expectations contained in, the forward-looking information and statements are reasonable, undue reliance should not be placed on such information and statements, and no assurance or guarantee can be given that such forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information and statements. The forward-looking information and forwardlooking statements contained in this press release are made as of the date of this press release, and Halo does not undertake to update any forward-looking information and/or forward-looking statements that are contained or referenced herein, except in accordance with applicable securities laws. All subsequent written and oral forward-looking information and statements attributable to Halo or persons acting on its behalf is expressly qualified in its entirety by this notice.

Contact:

Email: info@halocanna.com

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