G EAZY PARTNERSHIP WITH HALO LABS – RICH TV LIVE APRIL 19, 2020 – JUST IN TIME FOR 420 WE HAVE SOME HUGE NEWS FOR HALO LABS WHO JUST PARTNERED WITH GLOBAL ICON G EASY
Halo Labs Inc. (“Halo” or the “Company”) (NEO: HALO, OTCQX: AGEEF, Germany: A9KN) and FlowerShop* are excited to announce a new partnership that will bring much-needed employment opportunities to communities during the uncertain times of the COVID-19 global crisis. Halo intends to acquire a membership interest in FlowerShop*, in which G-Eazy is a partner and key member of the company.
Halo has entered into a letter of intent (“LOI”) to acquire a 25% membership interest in Feel Better, LLC, dba FlowerShop* (“FlowerShop*”) for $1.5 million, payable primarily in Halo common shares (the “Acquisition”). Halo and FlowerShop* will also execute a licensing, manufacturing, and distribution agreement for FlowerShop* branded products.
“In the face of COVID-19, the timing to bring FlowerShop* and its mission to the market has never been more vital. Their focus on mental and physical wellness, combined with innovative direct to consumer solutions positively impact people’s needs,” commented Kiran Sidhu, CEO and Co-Founder of Halo.
G-Eazy is an American rapper and producer from Oakland, CA. In addition to the success he has seen in the music industry, with multi-platinum selling hit songs, billions of song streams, and sold-out world tours — he is very active with his investments and philanthropy work in his home state of California and beyond. He comments, “I have seen first hand the power of the plant – witnessing cannabis change my mother’s life in a very positive way. I was instantly drawn to FlowerShop* and its mission to help people feel better – and knew I wanted to take on an active role as a partner. My hope is in the midst of this pandemic – FlowerShop* will be an essential business which stimulates the economy and provides comfort and joy to people through the products we create.”
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