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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.


TSXV:HITI - Post by User

Post by Hoffyj693on Feb 10, 2021 7:43am
124 Views
Post# 32522420

More Great News another new store #70 open's

More Great News another new store #70 open's High Tide's Calgary store begins selling adult-use pot 2021-02-10 07:32 ET - News Release Mr. Raj Grover reports HIGH TIDE OPENS 70TH NATIONWIDE CANNABIS STORE IN CALGARY High Tide Inc.'s Canna Cabana retail store located at unit No. 130, 11130 11 St. NE, in Calgary's Country Hills neighbourhood, has begun selling recreational cannabis products for adult use. This opening represents High Tide's 70th retail location across Canada selling recreational cannabis products and consumption accessories. "The new store is part of our strategic plan to build scale and drive revenue growth by selectively opening new locations in neighbourhoods that aren't over saturated with existing cannabis retail options," said Raj Grover, President and Chief Executive Officer of High Tide. "As with all stores operating under the High Tide umbrella, this new location will follow our exclusive one-stop shop approach that allows consumers to purchase all of their cannabis and accessory needs under one roof," added Mr. Grover. The new Country Hills store continues to expand High Tide's strong foothold in southern Alberta, one of Canada's fastest growing population centres. About High Tide Inc. High Tide is a retail-focused cannabis company enhanced by the manufacturing and distribution of consumption accessories. The Company is the largest Canadian retailer of recreational cannabis as measured by revenue, with 70 current locations spanning Ontario, Alberta, Manitoba and Saskatchewan. High Tide's retail segment features the Canna Cabana, KushBar, Meta Cannabis Co., Meta Cannabis Supply Co. and NewLeaf Cannabis banners, with additional locations under development across the country. High Tide has been serving consumers for over a decade through its numerous consumption accessory businesses including e-commerce platforms Grasscity.com and CBDcity.com, and its wholesale distribution division under Valiant Distribution, including the licensed entertainment product manufacturer Famous Brandz. High Tide's strategy as a parent company is to extend and strengthen its integrated value chain, while providing a complete customer experience and maximizing shareholder value. Key industry investors in High Tide include Aphria Inc. (TSX:APHA) (NYSE:APHA) and Aurora Cannabis Inc. (NYSE:ACB) (TSX:ACB). We seek Safe Harbor. 2021 Canjex Publishing Ltd. All rights reserved.
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