An anonymous director reports

HALO LABS REPORTS RECORD MONTHLY REVENUE OF APPROXIMATELY US$2.4 MILLION (CDN $3.1 MILLION) IN JANUARY 2019

Halo Labs Inc. achieved record revenue in January, 2019, of approximately $2.4-million (U.S.) ($3.1-million (Canadian)). This figure is estimated, unaudited and approximate.

The significant increase in monthly revenue was primarily driven by the company's California commercial launch of operations in its new cannabis extraction facility in Cathedral City.

The company believes that it utilized approximately 50 per cent of its capacity in its Cathedral City, Calif., extraction facility during January. Utilization increases are occurring weekly with the expectation of being at full capacity by quarter-end.

About Halo Labs Inc.

Halo is a cannabis extraction company that develops and manufactures quality cannabis oils and concentrates, which are the fastest growing segments in the cannabis industry. Halo has expertise in all major cannabis manufacturing processes, leveraging proprietary processes and products, and has produced over 3.0 million grams of oils and concentrates since inception.

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