Halo Collective Inc. announced a series of leadership moves in anticipation of its previously announced sale (the “Transaction”) of its international assets to Akanda Corp. The leadership changes include the resignation of Andreas Met, Co-Founder of Halo and Managing Director of Bophelo Bioscience & Wellness Pty. Ltd., and the appointment of multiple local experts to key positions at Akanda in the Kingdom of Lesotho.
Halo has accepted the resignation of Mr. Met, who will leave the Company effective October 31, 2021, to pursue new opportunties. Since co-founding the Company in 2017 along with Chief Executive Officer, Kiran Sidhu, and Chief Financial Officer, Philip van den Berg, Mr. Met has been a key partner in building Halo into a leading multi-country operator. He has been focusing his efforts on Halo’s international assets over the past several months on a transition plan. The operations of Halo in North America will continue to be led by SVP Operations, Joshua Haddox, who joined the Halo in November 2020 following Andreas’ secondment to Africa.
Akanda Chief Executive Officer Tej Virk is assembling a new, local leadership team in Southern Africa, consisting of Gustav Trichardt, who will serve as Facilities Manager, and Greg Beadle, who has been appointed as Commercial Director. Trichardt joins Akanda from MGMC Pharma Group, where he managed a Good Agricultural Practice certified cultivation facility previously owned by Canopy Growth Corp. Beadle joins Akanda from Highlands Investments, the former operations of Canopy Growth Corp. in Lesotho, where he served as Chief Growth Officer directly after his role as Business Development Director at Canopy Growth Corp. in Africa.
“We thank Andreas for his many contributions in developing the Bophelo campus,” commented Virk. “The additions of Gustav and Greg are part of Akanda’s plan to bring in domain experts from my expansive international cannabis network. I am confident they will successfully carry forward the baton to drive Akanda’s commercial and operational scale-up.”
Added Sidhu, “As previously communicated, Akanda is forging its own path and as part of this, Tej is assembling an exceptional team. Gustav is an outstanding local addition to Bophelo, bringing more than 20 years of experience in taking high value developments to completion and has been actively involved in Lesotho’s cannabis industry since legalization in 2018. When Andreas transitioned to Africa to help establish Bophelo late last year, Halo replaced him with Joshua Haddox from Moxie in Los Angeles, who has been in the industry for over ten years. In his role as SVP Operations of Halo, Joshua has helped to automate, streamline, and reduce costs in our operations in Oregon and California. We are grateful for the many contributions Andreas made to Halo, and we wish him the best in his new venture.”
Closing of the Transaction is subject to certain closing conditions, including the receipt of all necessary regulatory approvals, and is expected to occur in October 2021.
About Halo Collective Inc.
Halo is a leading, vertically integrated cannabis company that cultivates, extracts, manufactures, and distributes quality cannabis flower, oils, and concentrates and has sold approximately eleven million grams of oils and concentrates since inception. The Company continues to expand its business and scale efficiently, partnering with trustworthy leaders in the industry who value Halo’s operational expertise in bringing top-tier products to market.
