Deal Snapshot
High Tide Closes Acquisition of Eight Retail Cannabis Stores in Canada
Friday 05 August 2022

Canada-based retail-focused cannabis company High Tide Inc (NASDAQ: HITI) (TSX Venture: HITI) (FSE:2LYA) has completed its acquisition through Companies' Creditors Arrangement Act Proceedings, of eight operating retail cannabis stores in British Columbia and Alberta for CDN 4.2m (USD 3.26m), the company said.

The company said it plans to complete the acquisition of a ninth store in Niagara, Ontario, pending regulatory approvals.

Date Published: 05/08/2022