Business
High Tide Announces Purchases of Shares by Insiders
High Tide Announces Purchases of Shares by Insiders Canada NewsWire CALGARY...
About this update from High Tide, Inc.
[{"type":"text","content":"\n \n \n \n High Tide Announces Purchases of Shares by Insiders\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n CALGARY, AB\n \n \n ,\n \n \n Nov. 22, 2023\n \n \n /CNW/ - High Tide Inc. (\"\n \n High Tide\n \n \" or the \"\n \n Company\n \n \") (NASDAQ: HITI) (TSXV: HITI) (FSE: 2LYA), the high impact, retail-forward enterprise built to deliver real-world value across every component of cannabis, announced today that certain officers, directors, and consultants led by the Company's President and Chief Executive Officer, in the aggregate, acquired 125,917 common shares in the capital of High Tide (\"\n \n Common Shares\n \n \") on the open market\n \n between November 20 and November 21\n \n at an average price of\n \n $1.88\n \n per Common Share. The purchase of Common Shares by certain officers, directors, and consultants reflects confidence in the intrinsic value of the stock and the near-term and long-term growth prospects of the Company. With these purchases, insiders and certain consultants, in the aggregate, now own or control 7,289,391 Common Shares, representing approximately 9.37% of the Company's issued and outstanding Common Shares as of\n \n November 21\n \n , 2023.  These purchases are over and above those disclosed in the Company's news release dated\n \n March 30, 2023\n \n , where certain officers, directors, and consultants acquired 258,921 Common Shares at an average price of\n \n $1.59\n \n per Common Share.\n \n \n \n \n \n \n \n \n \n \n ABOUT HIGH TIDE\n \n \n \n High Tide, Inc. is the leading community-grown, retail-forward cannabis enterprise engineered to unleash the full value of the world's most powerful plant. High Tide (HITI) is uniquely-built around the cannabis consumer, with wholly-diversified and fully-integrated operations across all components of cannabis, including:\n \n \n \n Bricks & Mortar Retail\n \n : Canna Cabana™ is the largest non-franchised cannabis retail chain in\n \n Canada\n \n , with 156 current locations spanning\n \n British Columbia\n \n ,\n \n Alberta\n \...