Halo Collective Inc. Announces the Official Launch of Ztrawberriez and 4 Prophets Premium Cannabis Flower
September 14, 2021 at 05:13 pm EDT
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Halo Collective Inc. announced the official launch of Ztrawberriez and 4 Prophets premium cannabis flower, the first two strains stemming from the Company's strategic partnership with DNA Genetics to exclusively develop DNA Genetics brands in the state of Oregon through breeding, growing, phenotyping and processing. The award-winning genetics can be found on the shelves of leading dispensaries throughout Oregon. The two strains of DNA flower, Ztrawberriez, and 4 Prophets, were launched in Oregon on August 9 and co-branded with DNA Genetics. Initial sales have been strong and as anticipated. Halo and DNA Genetics are collaborating on additional strains expected to be launched over the coming quarters. Halo's partnership with DNA Genetics also extends to the 200-hectare Bophelo cultivation campus, operated by Bophelo Bioscience & Wellness Pty. Ltd. ("Bophelo") in the Kingdom of Lesotho in Southern Africa, where the Company is growing multiple high THC premium strains as part of its trusted brands delivery strategy for international medical markets. Bophelo is growing these premium strains under ethical conditions and, over the coming quarters, plans to ramp production volumes from its grow campus situated in the Mafetang Special Economic Zone ('SEZ'). This is to meet the demand for high-quality medical cannabis in rapidly growing international markets such as the U.K. and European Union, where the market is expected to reach $3.8 billion in annual sales by 2025 in Europe alone1. In addition, since Bopehlo achieved Good Agricultural and Collection Practice ("GACP") certification in August 2021 and is in active discussions with distributors to export these strains.
Halo Collective Inc. is a Canada-based vertically integrated cannabis company. The Company is engaged in cultivating, extracting, manufacturing, and distribution of quality cannabis flower, pre-rolls, vape carts, edibles, and concentrates. It offers products under a portfolio of brands, including Hush, Winberry Farms and Exhale, as well as under its retail brand Budega. It also sells its products under license agreement with Papa's Herb, DNA Genetics, and FlowerShop. It owns approximately 55,000 square feet indoor cannabis cultivation, processing, and wholesaling facility in Portland, Oregon. It is also focused on health and wellness categories, including cannabidiol (CBD) and functional supplements such as nootropic nutraceuticals and non-psychotropic mushrooms. It has product offerings in the form of beverages (H2C Beverages), dissolvable strips, capsules (Hushrooms), and topical supplements (Hatshe). It operates in the United States, Canada, Southern Africa and the United Kingdom.