High tide secures non-dilutive credit facility with atb financial

Calgary, ab, oct. 18, 2021 /prnewswire/ - high tide inc. ("high tide" or the "company") (tsxv: hiti) (nasdaq: hiti) (fse: 2lya), a leading retail-focused cannabis company with bricks and mortar as well as global e-commerce assets, announced today that it has entered into a credit agreement to establish a revolving credit facility with atb financial ("atb") in an amount of up to $25 million (comprised of an initial $10 million limit and $15 million accordion, the "facility"), with an expected interest rate of less than 6% per annum. "we are extremely pleased to finalize this facility today.
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