Halo Collective Inc (HCANF)

[imhereforthehaul]

NEWS OUT, guess I'll wait to pick up more after the dilution of more shares.

("Halo KushBar"), has completed the purchase of certain KushBar retail cannabis assets from High Tide Inc.

Under the terms of the Purchase Agreement, the Company has also agreed to issue a convertible promissory note on the 12-month anniversary of closing (the "Earnout Note" and together with the Initial Note, the "Halo Notes") in the principal amount of $400,000 with a conversion rate of $0.16 per Halo Share, provided that certain revenue thresholds are met. If the Portfolio produces aggregate revenue less than the set threshold for the prior 12 months, then the principal amount of the Earnout Note will be reduced dollar for dollar.