TORONTO: Halo Labs Inc. ("Halo" or the "Company") (NEO: HALO, OTCQX: AGEEF, Germany: A9KN) is pleased to announce that it has partnered with High Tide Inc.(CSE: HITI, OTCQB: HITIF, FRA: 2LY) to introduce Halo-produced products through High Tide's distribution channels. High Tide has an extensive distribution network throughout Canada, the United States and Europe with an impressive portfolio of subsidiaries.
The first phase of the collaboration will be a roll-out of in-house DabTabsTM to create a revolutionary product where consumers will receive a do-it-yourself ("DIY") kit in which they can prefill DabTabsTMTablets with measured doses of either cannabis or cannabidiol ("CBD"). These unique DIY DabTabsTMkits position Halo and High Tide as industry leaders penetrating the home preparation market. The partnership will generate distribution of this product throughout Canada, USA and Europe, and will be the first of many products that the companies will launch jointly.
Kiran Sidhu, CEO of Halo Labs, commented: "I am truly excited about this partnership that will strengthen Halo's presence within the United States and expand its reach into Canada and Europe. This introduction to international markets is laying the groundwork for the Company to obtain access to the world, while providing Halo branded products directly to the consumer. With Halo being the product producer and High Tide being the hardware provider, the potential is endless."
Raj Grover, President and Chief Executive Officer of High Tide Inc. added: "We are very excited to work with Halo as a leader in cannabis concentrates and other cannabis derivative products, including the innovative DabTabsTM. Our strengths in e-commerce through Grasscity.com and global wholesale distribution network are a great fit for this exclusive partnership with Halo and their portfolio of growth initiatives."
Based in Amsterdam since 2000, Grasscity.com is the world's preeminent and most searchable online retailer of smoking accessories and cannabis lifestyle products with approximately 5.8 million site visits annually.
Halo exclusively licenses DabTabs from ilo™ Vapor whose patent pending devices are reinventing vaping. The synergies between ilo™ Vapor's technology and Halo's allows consumers to enjoy a full-spectrum cannabis experience that is cleaner and simpler than traditional dabbing. This product distributed throughout High Tide's global network will expand Halo's already notable footprint.