High tide closes acquisition of bud heaven, adding two established cannabis retail stores in ontario

This news release constitutes a "designated news release" for the purposes of the company's prospectus supplement dated december 3, 2021 to its short form base shelf prospectus dated april 22, 2021. calgary, ab , june 1, 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 further to its press release dated march 30, 2022, the company has completed its acquisition (the "acquisition") of 100% of the equity interest of livonit foods inc. operating as bud heaven (" bud heaven ") which operates two retail cannabis stores in ontario (the "stores") for cad$2.8 million (the "transaction").
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