High tide to acquire crossroads cannabis, adding four 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, march 3, 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 is taking yet another step to expand its bricks-and-mortar retail cannabis operations, by entering into a definitive agreement (the "acquisition agreement") pursuant to which high tide will acquire four operating retail cannabis stores in ontario (the "stores") under the name crossroads cannabis ("crossroads"), for cad$2.5 million (the "transaction").
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