High Tide Inc V.HITI

Alternate Symbol(s): HITI

High Tide Inc. is a retail-focused cannabis company. Its segments include Bricks-and-mortar and E-commerce. Bricks-and-mortar operations includes the Canadian bricks-and-mortar locations, inclusive of the Canadian warehouse which supports the distribution of accessories and other items to the Canadian stores. Its E-commerce operations include the Company’s United States and international subsidiaries, inclusive of the United States warehouse which supports the distribution of accessories and other items to the United Sates and international subsidiaries. Bricks-and-mortar sales are conducted under the Company’s Canna Cabana brand, CBD product sales are conducted online under the FABCBD, Blessed CBD and NuLeaf brands, and online sales through e-commerce platforms are conducted under the Company’s Grasscity, Smoke Cartel, Daily High Club and Dankstop brands. Its brand Queen of Bud sells products across Canada both direct to consumers and through third-party licensed cannabis stores.

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High Tide Inc > I have a question

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Comment by todumbtothinkon Feb 06, 2021 10:49am

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Post# 32492728

RE:RE:I have a question

Typically, Canadian issuers can use the U.S.-Canadian Multijurisdictional Disclosure System to get a Nasdaq listing.(MJDS)

The main advantages of MJDS are that Canadian prospectus requirements apply, there is no required SEC Review, and you benefit from simplified ongoing periodic reporting.

This means your main regulator remains in Canada.

https://www.osler.com/osler/media/Osler/reports/cross-border/Raising-Capital-in-the-United-States-A-guide-to-using-MJDS-for-the-US-Public-Offerings-and-Periodic-Reporting.pdf

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