High tide takes control of three kushbar locations in alberta

Calgary, ab , july 28, 2022 /prnewswire/ - 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 it has seized the shares of halo kushbar retail inc. ("kushbar"), which owns three operating cannabis retail stores in alberta (the "kushbar stores"). as previously disclosed on july 15, 2021, high tide sold the kushbar stores to halo collective inc. (formerly halo labs inc.) ("halo"), for $5.7 million, of which $3.9 million was already satisfied.
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