Halo Labs Inc. announced that former Chief Strategy Officer, Katharyn M. Field, has been promoted to President of Halo effective February 12, 2020. Ms. Field has been a critical member of the Halo team since April 2019. Halo also expects Louisa Mojela to be appointed to Chair of the Board upon the closing of Halo’s proposed acquisition of Bophelo Bioscience. Ms. Field is a strategy consultant and executive with a career spanning both the private and public sectors. Ms. Field’s resume includes notable companies and institutions such as The White House, The Brookings Institution, and Bain & Company. In 2014 she entered the cannabis industry and led the procurement, build out, and sale of one of five original vertically integrated state licenses in Florida. Subsequently, Ms. Field operated a strategy consulting practicefocused on cannabis and also spent time at MariMed in 2018 as Executive Vice President of Corporate Development. Additionally, Halo expects to appoint Ms. Mojela to Chair of Halo’s board of directors, replacing Fred Leigh who will remain as an independent director. Ms. Mojela successfully founded and listed Women Investment Portfolio Holding Limited on the Johannesburg Stock Exchange that has grown to be worth over USD 250 million. She has led capital raises and held directorships at companies such as Sasol Mining (NYSE: SSL), Ixia Coal, South African Airways, Ericsson SA, Adcorp, and Sun International amongst others. With Ms. Field and Ms. Mojela serving in senior leadership capacities at Halo, the Company will have one of the most diverse leadership teams in the cannabis industry. As a whole, the cannabis industry is largely lacking diversity in leadership positions. According to Marijuana Business Daily, less than 30% of executives in the Cannabis industry are women and less than 20% are minorities. Studies conducted by McKinsey & Company also show that companies with diverse executive teams are 21% more likely to experience above-average profits. In a growing corporate climate where diversity is becoming more critical, Halo is leading the forefront in the cannabis industry.
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.
HALO COLLECTIVE INC. 