Halo Collective Inc. (OTCPK:HCAN.F) signed a definitive agreement to acquire Nature's Best, Inc. for $3.7 million on March 26, 2021. Halo Collective Inc will acquire Nature's Best Resources LLC membership interests in exchange for the issuance of up to 44,047,619 common shares in the capital. A total of 8,928,571 common shares will be issued to Nature's Best, and 35,119,048 common shares will be placed into escrow to be released to the selling member upon the satisfaction of certain predetermined milestones by Nature's Best. A total of 8,928,570 common shares will be released on or before June 1, 2021, provided the selling member has repaid an outstanding $0.25 million owed to Nature's Best. A total of 14,285,715 additional common shares will be released on or before October 1, 2021, provided that specific equipment has been delivered to Nature's Best. The remaining 11,904,762 common shares will be released on or before March 1, 2022 provided that Nature's Best has produced and sold a batch of hash or hash rosin in each of Oregon and California, each measuring at least 100 grams. If any milestone is not satisfied by the date specified for its completion, the corresponding number of common shares will be returned to the company. The common shares are subject to volume transfer restrictions that prohibit the sale of any number of common shares through any stock exchange that would exceed ten percent of the prior trading day's total volume of the common shares. The transaction is subject to certain closing conditions. Halo Collective Inc. (OTCPK:HCAN.F) completed the acquisition of Nature's Best, Inc. on April 20, 2021. In connection with the acquisition, the company has agreed to issue 4% of the aggregate number of common shares issued to the company to an arm's length party as a finder's fee, up to a total of 1,978,609 common shares. Such shares are subject to a statutory hold period of four months and one day.