High Tide Inc. (HITI) Closes Acquisition of Crossroads Cannabis

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High Tide acquired the Stores for common shares of High Tide (each a “High Tide Share”) valued at CAD$1.9 Million (the “Share Consideration”), on the basis of a deemed price of CAD$5.0313 per High Tide Share, being equal to the volume weighted average price per High Tide Share on the TSX Venture Exchange (“TSXV”) for the 10 consecutive trading days preceding closing of the Acquisition. High Tide Closes Acquisition of Crossroads Cannabis, Adding Three Established Retail Cannabis Stores in Ontario High Tide Inc. (“High Tide” or the “Company”) (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 March 3, 2022, the Company has completed its acquisition (the “Acquisition”) of three operating cannabis stores in Ontario (the “Stores”) operating under the name Crossroads Cannabis (“Crossroads”), for CAD$1.9 Million (the “Transaction”). ABOUT HIGH TIDE High Tide is a leading retail-focused cannabis company with bricks-and-mortar as well as global e-commerce assets. High Tide and its management believe that the FOFI has been prepared on a reasonably basis, reflecting management’s best estimates and judgments. View original content to download multimedia:https://www.prnewswire.com/news-releases/high-tide-closes-acquisition-of-crossroads-cannabis-adding-three-established-retail-cannabis-stores-in-ontario-301533782.html SOURCE High Tide Inc.

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High Tide Closes Acquisition of Crossroads Cannabis, Adding Three Established Retail Cannabis Stores in Ontario

High Tide Inc. (“High Tide” or the “Company”) (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 March 3, 2022, the Company has completed its acquisition (the “Acquisition”) of three operating cannabis stores in Ontario (the “Stores”) operating under the name Crossroads Cannabis (“Crossroads”), for CAD$1.9 Million (the “Transaction”). The Stores are located in Stratford,...

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