Mr. Alson Niu reports

HALO COLLECTIVE ANNOUNCES CHANGE TO BOARD OF DIRECTORS

Alson Niu has been appointed to the Halo Collective Inc. board of directors. Mr. Niu will replace Anmol Sidhu, who has resigned as a director of the corporation due to personal reasons.

The board would like to thank Mr. Sidhu for his contributions and wishes him all the best in his future endeavours.

Effective May 2, 2023, Mr. Niu will join the board as an independent director. Mr. Niu is multidisciplined business professional with experience in the private equity and investment sectors. As the managing partner of Conquest Capital, he has led successful companies that have resulted in increased efficiency and productivity. His expertise can help guide companies in their financial planning and growth strategies, resulting in overall brand growth and increased market share. Mr. Niu also serves as an adviser for Evolve Branding, specializing in branding and on-line marketing.

About Halo Collective Inc.

Halo is focused on the United States West Coast, where it has vertically integrated operations covering the entire value chain from seed to sale. Halo cultivates, extracts, manufactures and distributes quality cannabis flower, prerolls, vape carts, edibles and concentrates. Halo sells these products under a portfolio of brands, including Hush, Winberry Farms, its retail brand, Budega, and licence agreements with FlowerShop. In addition, Halo has opened two dispensaries in Los Angeles under the Budega brand in North Hollywood and Hollywood, with plans to open one more in Hollywood in 2023.

In the non-THC (tetrahydrocannabinol) sector, Halo is expanding into health and wellness categories, including CBD (cannabidiol) and functional supplements such as nootropic nutraceuticals and non-psychotropic mushrooms. Halo, through a series of acquisitions, has product offerings in the form of beverages (H2C Beverages), dissolvable strips (Dissolve Medical), capsules (Hushrooms) and topical supplements (Hatshe), with proposed national distribution via a strategic agreement with SwayEnergy Corp.

Halo has successfully acquired and integrated a variety of companies that were subsequently reorganized to create Akanda Corp., an international medical cannabis and wellness company, of which Halo is the largest shareholder. Halo has also acquired a range of software development assets, including CannPOS, Cannalift and CannaFeels, and a discrete sublingual dosing technology, Accudab. Halo intends to reorganize these entities (including their intellectual property and patent applications) into a subsidiary called Halo Tek Inc. and to complete the distribution of the shares of Halo Tek to shareholders on record at a date to be determined.

We seek Safe Harbor.