Halo Signs Bulk Extract Supply Agreement With Caliva
Halo Labs Inc. ("Halo" or the "Company") (NEO: HALO, OTCQX: AGEEF, Germany: A9KN) is pleased to announce that it has entered into a bulk supply agreement (the “Agreement”) with NC3 Systems (“Caliva”) to provide bulk distillate, bulk live resin and live resin packaged as finished products. The Agreement specifies pricing and minimum quantities per order by product category of 5 kilograms or more. Timing and frequency of orders is at the discretion of Caliva.
Caliva is the leader in California’s cannabis industry, holding 14 total cannabis licenses, placing products in more than 200 stores state wide and servicing roughly 700,000 total customers throughout the Golden State. As one of the largest indoor cultivation and manufacturing facilities in California, Caliva produces approximately 11,000 pounds of cannabis each year and tens of thousands of more cannabis products.
“We are excited to partner with Caliva. The Company is honored to be selected as a supply partner to Caliva. Halo prides itself in our ability to make high quality live resin and distillate products,” said Kiran Sidhu, CEO and Co-Founder.
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 regarding Halo, see Halo’s disclosure documents on SEDAR at www.sedar.com.
Caliva is the most trusted lifestyle brand in cannabis. San Jose's premier cannabis retailer and cultivation facility opened in July of 2015. In September of 2016, Caliva was ranked the #1 dispensary in the nation by Business Insider. Its facility is one of the most advanced pharmaceutical-grade cannabis cultivation, manufacturing, and dispensing facilities in the United States, and a model for energy efficiency, safe access, and compliance. Caliva products are available for sale at licensed California cannabis retailers.
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