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Bullboard - Stock Discussion Forum High Tide Inc V.HITI

Alternate Symbol(s):  HITI

Consumer Cyclical Healthcare Advertising Agencies Cannabis
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... see more

TSXV:HITI - Post Discussion

High Tide Inc > High Tide Takes 80% Stake In FABCBD For US$20.6 Million
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Post by AwareInvestor on May 10, 2021 9:20am

High Tide Takes 80% Stake In FABCBD For US$20.6 Million

High Tide announced this morning that it has completed the previously announced acquisition of hemp-derived CBD product retailer Fab Nutrition, whom is operating as FABCBD. The agreement saw High Tide purchase an 80% interest in FABCBD for US$20.64 million, along with a three-year option to acquire the remaining 20%.
 
https://thedeepdive.ca/high-tide-takes-80-stake-in-fabcbd-for-us20-6-million/
Comment by Oceanis on May 10, 2021 11:11am
Great news! sucks for dilution but the price there paying these days is a huge saving as to what would have been paid in the glorry days of the green rush.  This CEO can buisness/exiting.  Huge revenues coming in the coming months and years IMO. Stay the course the big players are shaking the trees again. 
High Tide Inc