Benzinga | Jul 13, 2021 06:11AM EDT

High Tide Inc. Acquires 102105699 Saskatchewan Ltd. For C$2.9M

High Tide Inc. ("High Tide" or the "Company") (TSXV:HITI) (NASDAQ:HITI) (FRA: 2LYA), a retail-focused cannabis corporation enhanced by the manufacturing and distribution of consumption accessories, is pleased to announce that it has entered into a share purchase agreement (the "Agreement") with the shareholders of 102105699 Saskatchewan Ltd. (the "Corporation"), pursuant to which High Tide will acquire all issued and outstanding shares of the Corporation for C$2,900,000 (the "Transaction"). As a result of the Transaction, High Tide will acquire a portfolio of six (6) retail cannabis locations in Regina, Saskatchewan, out of which one is operational and five are in various stages of construction and development and are all expected to be operational by the end of 2021.