High tide closes acquisition of jimmy's cannabis shop bc

Calgary, alberta--( business wire )--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, announced today that further to its press release dated september 29, 2022, the company has completed its acquisition (the “acquisition”) of 100% of the equity interest of 1171882 b.c. ltd., operating as jimmy's cannabis shop bc (“jimmy's”), resulting in high tide's acquisition of two retail cannabis stores currently operated by jimmy's in british columbia (the “stores”) for $5.3 million (the “transaction”). the stores are located at 1225 cranbrook street north, cranbrook and 1543 victoria street, prince george.
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