Business
High Tide Closes Acquisition of Bud Heaven, Adding Two Established Cannabis Retail Stores in Ontario
High Tide Closes Acquisition of Bud Heaven, Adding Two Established Cannabis Retail Stores...
About this update from High Tide, Inc.
[{"type":"text","content":"\n \n \n \n High Tide Closes Acquisition of Bud Heaven, Adding Two Established Cannabis Retail Stores in Ontario\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.prngen2{\nPADDING-RIGHT:0.17em; PADDING-LEFT:0.17em; VERTICAL-ALIGN: BOTTOM; TEXT-ALIGN: RIGHT; BORDER-TOP:black 0pt initial; BORDER-RIGHT:black 0pt initial; BORDER-BOTTOM:black 0pt initial; BORDER-LEFT:black 0pt initial\n}\n.prngen3{\nPADDING-RIGHT:0.17em; PADDING-LEFT:0.17em; BORDER-TOP:black 0pt initial; BORDER-RIGHT:black 0pt initial; BORDER-BOTTOM:black 0pt initial; BORDER-LEFT:black 0pt initial\n}\n.prnml4{\nMARGIN-TOP:0em; MARGIN-RIGHT:0em; MARGIN-BOTTOM:0em; MARGIN-LEFT:0.33em !IMPORTANT\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE; BORDER-TOP:1pt black; BORDER-RIGHT:1pt black; BORDER-BOTTOM:1pt black; BORDER-LEFT:1pt black\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n This news release constitutes a \"designated news release\" for the purposes of the Company's prospectus supplement dated\n \n December 3, 2021\n \n to its short form base shelf prospectus dated\n \n April 22, 2021\n \n .\n \n \n \n \n \n CALGARY, AB\n \n \n ,\n \n \n June 1, 2022\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), a leading retail-focused cannabis company with bricks-and-mortar as well as global e-commerce assets, is pleased to announce that further to its press release dated\n \n March 30, 2022\n \n , the Company has completed its acquisition (the \"\n \n Acquisition\n \n \") of 100% of the equity interest of Livonit Foods Inc. operating as\n \n Bud Heaven\n \n (\"\n \n \n Bud Heaven\n \n \n \") which operates two retail cannabis stores in\n \n Ontario\n \n (the \"\n \n Stores\n \n \") for\n \n CAD$2.8 Million\n \n (the \"\n \n Transaction\n \n \"). The Stores are located at 77 Manitoba Street, and 125 Muskoka Road Highway 118 West, in\n \n Bracebridge\n \n . The Manitoba Street store is located in the heart of\n \n Downtown Bracebridge\n \n , which has been voted among the \"10 most historic downtowns in\n \n Ontario\n \n \",\n \n \n 1\n \...