Halo Labs Reports Q2 2019 Financial Results - Seite 4

ABOUT HALO

Halo is a cannabis extraction company that develops and manufactures quality cannabis oils and concentrates, which are a growing segment in the cannabis industry. Halo is a global leader in cannabis oil and concentrates, having produced over 4 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 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 Bophelo strategic partnership.

For further information see Halo’s unaudited consolidated interim financial statements for the three and six months ended June 30, 2019 and 2018 related management’s discussion and analysis on the Company’s SEDAR profile at www.sedar.com.

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 forward-looking statements contained herein include, but is not limited to, the Company's primary business objectives for the current year; the completion of the proposed acquisition of Bophelo Biosciences & Wellness (Pty) Ltd., increasing distribution of Gilt and Hush branded products, manufacturing and sales of Dab Tabs Dablets, completion of the Debt Settlement, completion of the transaction involving issuance of Compensation Shares, roll-out of the XES Sensual, the supply and distribution for sale of the Shatterizer, the expectation to provide updates on new distributor agreements; expected increases to the Company's margin and the timing thereof; the expectation that DabTabs Go will be available under the Company’s Gilt brand and available throughout California, Nevada, and Oregon in the Fall of 2019; the projected growth rate of the CBD market; the expected size of the CBD market in 2022; and the location, completion and production of a hemp processing facility.