High tide welcomes biden administration move to reschedule cannabis

Calgary, ab , april 30, 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, welcomes today's confirmation by the united states department of justice that the attorney general has proposed the reclassification of cannabis to a schedule iii substance, something that will initiate a formal rule making process as prescribed by congress in the controlled substances act. "today's news marks a historic moment for cannabis reforms in the united states, and we commend the biden administration for taking this important step," said raj grover, founder and chief executive officer of high tide.
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