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High Tide to Acquire Jimmy’s Cannabis Shop, Adding Two Established Retail Cannabis Stores in British Columbia – PR Newswire

Upon Closing, This Transaction Will Bring The Company’s Footprint in British Columbia to Five Stores

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…….

Upon Closing, This Transmovement Will Convey The agency’s Footprint in British Columbia To 5 Stores

This information launch recurrents a “designated information launch” for The wants of the Company’s prospectus complement dated December 3, 2021 to its brief type base shelf prospectus dated April 22, 2021.

CALGARY, AB, Sept. 29, 2022 /PRNewswire/ – Extreme Tide Inc. (“Extreme Tide” or the “Company“) ( Nasdaq: HITI) (TSXV: HITI) (FSE: 2LYA), A quantity one retail-focused hashish agency with bricks-and-mortar As properly as to worldwide e-commerce belongings, is joyful to announce that It is taking but anfullly different step to increase its bricks-and-mortar retail hashish operations, by Getting into Proper into a definitive settlement (the “Acquisition Agreement“) pursuant to which Extreme Tide will buy 100% of the equity curiosity of 1171882 B.C. Ltd., working as Jimmy’s Cannabis Store BC (“Jimmy’s“), As properly as to tasks of the vfinishors’ sharemaintainer loans, Ensuing in Extreme Tide’s acquisition of two of the 5 retail hashish retailers presently operated by Jimmy’s in British Columbia (the “Stores“) for $5.3 Million (the “Transmovement“). The Stores are located at 1225 Cranbrook Road North, Cranbrook and 1543 Victoria Road, Prince George.

Extreme Tide Inc. September 29, 2022 (CNW Group/Extreme Tide Inc.)

The Cranbrook retailer is located shut to The backside camp of the Kootenay Rockies and is inside A quick drive of award-worthwhile golf packages and nature trails. …….

Source: https://www.prnewswire.com/news-releases/high-tide-to-acquire-jimmys-cannabis-shop-adding-two-established-retail-cannabis-stores-in-british-columbia-301636358.html