High Tide to Acquire Mississauga Retail Cannabis Store [Yahoo! Finance]
High Tide Inc. - Common Shares (HITI)
Company Research
Source: Yahoo! Finance
CALGARY, AB June 26, 2024 /PRNewswire/ - High Tide Inc. (" High Tide " or the "Company ") (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 it has entered into a definitive asset purchase agreement dated June 25, 2024 (the " Purchase Agreement ") pursuant to which High Tide will acquire a retail cannabis store in Mississauga, Ontario , currently operating as Cantopia for (the " Transaction "). The store is located at 6400 Millcreek Drive, Mississauga and is situated in a bustling retail plaza surrounded by several small businesses. It is adjacent to an internationally recognized quick-serve restaurant and is steps away from a national discount retailer and a Canadian discount grocery chain. For the trailing three months ended May 31, 2024 , the store generated annualized revenue of $2.3 Million and annualized Adjusted EBITDA of $0.4 Million . The purchase pri
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News
- High Tide Opens Two New Canna Cabana Stores in Alberta and Saskatchewan [Yahoo! Finance]Yahoo! Finance
- High Tide Opens Two New Canna Cabana Stores in Alberta and Saskatchewan [Yahoo! Finance]Yahoo! Finance
- High Tide Opens Two New Canna Cabana Stores in Alberta and SaskatchewanPR Newswire
- High Tide to Acquire Mississauga Retail Cannabis StorePR Newswire
- High Tide to Open 80th Canna Cabana in Alberta [Yahoo! Finance]Yahoo! Finance
HITI
Sec Filings
- 6/28/24 - Form 6-K
- 6/27/24 - Form 6-K
- 6/21/24 - Form 6-K
- HITI's page on the SEC website