Canadian-listed Halo Labs has agreed to buy  Lesotho-based medicinal cannabis producer Bophelo Bioscience & Wellness for about $18.4m (R262m) as it looks to expand into global markets. 

“The transaction is expected to strengthen the company’s position in Lesotho, a country quickly becoming the continent’s export gateway to the global cannabis market,” said Halo, a cannabis company listed on Toronto’s NEO Exchange...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email or call 0860 52 52 00. Got a subscription voucher? Redeem it now