Business

High Tide Closes Acquisition of Jimmy's Cannabis Shop BC

High Tide Closes Acquisition of Jimmy's Cannabis Shop BC Canada NewsWire Th...

articleHigh Tide, Inc.December 29, 20224/company/high-tide-inc/news/high-tide-closes-acquisition-of-jimmys-cannabis-shop-bc
High Tide Closes Acquisition of Jimmy's Cannabis Shop BC

About this update from High Tide, Inc.

[{"type":"text","content":"\n \n \n \n High Tide Closes Acquisition of Jimmy's Cannabis Shop BC\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.prngen3{\nPADDING-RIGHT:0.17em; PADDING-LEFT:0.17em; VERTICAL-ALIGN: BOTTOM; FONT-SIZE: 8PT; FONT-FAMILY: ARIAL; COLOR: BLACK; MARGIN:0em; BORDER-TOP:black 0pt initial; BORDER-RIGHT:black 0pt initial; BORDER-BOTTOM:black 0pt initial; BORDER-LEFT:black 0pt initial\n}\n.prnsblb1{\nBORDER-LEFT:black 1pt\n}\n.prnml4{\nMARGIN-TOP:0em; MARGIN-RIGHT:0em; MARGIN-BOTTOM:0em; MARGIN-LEFT:0.33em !IMPORTANT\n}\n.prnvab{\nVERTICAL-ALIGN: BOTTOM\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n.prnbbbs{\nBORDER-BOTTOM:black 0.5pt solid\n}\n.prnsbtb1{\nBORDER-TOP:black 1pt\n}\n.prnpr2{\nPADDING-RIGHT:0.17em\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE; BORDER-TOP:1pt black; BORDER-RIGHT:1pt black; BORDER-BOTTOM:1pt black; BORDER-LEFT:1pt black\n}\n.prnrbrb1{\nBORDER-RIGHT:black 1pt\n}\n.prnpl2{\nPADDING-LEFT:0.17em\n}\n \n \n \n \n \n \n Canada NewsWire\n \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 \n CALGARY, AB\n \n \n ,\n \n \n Dec. 29, 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, announced today that further to its press release dated\n \n September 29, 2022\n \n , the Company has completed its acquisition (the \"\n \n Acquisition\n \n \") of 100% of the equity interest of\n \n 1171882 B\n \n .C. Ltd., operating as Jimmy's Cannabis Shop BC (\"\n \n Jimmy's\n \n \"), resulting in High Tide's acquisition of two retail cannabis stores currently operated by Jimmy's in\n \n British Columbia\n \n (the \"\n \n Stores\n \n \") for\n \n $5.3 Million\n \n (the \"\n \n Transaction\n \n \"). The Stores are located at 1225 Cranbrook Street North, Cranbrook and 1543 Victoria Street,\n \n Prince George\n...

More updates from High Tide, Inc.