Canada: High Tea Cannabis Co. Announces Updates on Six Locations

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ABOUT HIGH TEA CANNABIS CO.  High Tea Cannabis Co, (“High Tea”) is a legal cannabis retailer that aspires to provide a safe and uplifting experience through dedicated curation, innovative social concepts, and adaptive customer service. The company opened three stores and sold another three to a market-leading cannabis retailer BRAMPTON, Ontario, June 09, 2021 (GLOBE NEWSWIRE) — Legal cannabis retailer, High Tea Cannabis Co. (“High Tea”), announces the sale of their Niagara, Kingsville, and London all while opening three locations in St. In the past month, High Tea has quickly expanded, opening three locations on back-to-back weeks. Using the proceeds from this sale, High Tea will strengthen its current position to accelerate future growth. High Tea’s flagship store was established in Brampton, Ontario in February 2021 and has opened three additional locations since.

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The company opened three stores and sold another three to a market-leading cannabis retailer

BRAMPTON, Ontario, June 09, 2021 (GLOBE NEWSWIRE) — Legal cannabis retailer, High Tea Cannabis Co. (“High Tea”), announces the sale of their Niagara, Kingsville, and London all while opening three locations in St. Thomas, Windsor, and Scarborough.

The locations were sold to a market-leading retailer for consideration of $400,000, including cash and stock. All locations have received Retail Store Authorizations (RSAs) from the AGCO and will open to the public under the new retailer’s banner upon receiving approval from the AGCO.

The cash...

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