CALGARY, AB, September 15, 2021 / CNW / – High Tide Inc. (“High Tide” or the “Company”) (TSXV: HITI) (Nasdaq: HITI) (FSE: 2LYA), a retail cannabis company that operates through the manufacture and distribution of Consumer Accessories, announced today that its META Cannabis retail store at 366 Main Street in Selkirk, Manitoba, has started selling recreational adult cannabis products. This opening represents High Tide’s 94th branded retail location in all Canada, and 9. in Manitoba, Sale of recreational cannabis products and consumer accessories. The new store is located on a large trading center anchored by national grocery and pharmacy chains.
High Tide Inc. September 15, 2021 (CNW Group / High Tide Inc.)
“The opening of the new Selkirk Store underscores our commitment to expansion across Europe Canada Prairie Provinces and Ontario“said Raj Grover, President and Chief Executive Officer of High Tide.” Step by step, we are bringing our unique one-stop-shop experience to more and more customers Alberta, Saskatchewan, Manitoba and Ontario. We assume that we will continue to expand our retail portfolio Canada in the coming months and hope that we will reach the milestone of 100 stores, with a focus on Ontario, before the end of this month, “added Mr. Grover.
About High Tide Inc.
High Tide is a retail-focused cannabis company that expands into the manufacture and distribution of consumer accessories. The company is Canada’s largest retailer of recreational cannabis in terms of sales, currently with 94 locations in Ontario, Alberta, Manitoba and Saskatchewan. High Tide’s retail segment includes Banners Canna Cabana, NewLeaf Cannabis, Meta Cannabis Co., and Meta Cannabis Supply Co., with additional locations under development across the country. High Tide has served consumers for over a decade through its established e-commerce platforms like Grasscity.com, Smokecartel.com, Dailyhighclub.com, and Dankstop.com, and more recently in the hemp-derived CBD space through CBDcity.com and FABCBD .com and its wholesale sales division under Valiant Distribution, including licensed entertainment product manufacturer Famous Brandz. High Tide’s strategy as the parent company is to expand and strengthen its integrated value chain while delivering a complete customer experience and maximizing shareholder value. High Tide’s top industrial investors include Tilray Inc. (TSX: TLRY) (Nasdaq: TLRY) and Aurora Cannabis Inc. (TSX: ACB) (Nasdaq: ACB).
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For more information about High Tide Inc. please visit www.hightideinc.com and his profile page on SEDAR at www.sedar.com.
CAUTION ON FORWARD-LOOKING STATEMENTS
Certain statements in this press release contain forward-looking information or forward-looking statements. These information and statements, which are referred to herein as “forward-looking statements” are made as of the date of this press release or the effective date of the information described in this press release. Forward-looking statements relate to future events or future performance and reflect current estimates, predictions, expectations or beliefs about future events. Any statement that expresses predictions, expectations, beliefs, plans, projections, goals, assumptions or future events or performance or involves discussion (in general, forward-looking statements can be replaced by words such as “outlook”, “expects”, “intends”, “Projections”, “Anticipate”, “Plans”, “Projects”, “Estimates”, “Intend,” Assume “,” Needs “,” Strategy “,” Objectives “,” Objectives “or variations thereof, or the indication, that certain acts, events or results “may”, “may”, “could”, “would”, “could”, “could” or “will” be carried out, occur or be achieved, or the negative of these terms or the like Expressions and other similar terminology) are not statements of historical fact and may be forward-looking statements.
Such forward-looking statements are based on assumptions that may prove incorrect, including, but not limited to, High Tide’s ability to execute its business plan and that High Tide has received one or more licenses from Alberta Gaming, Liquor & Cannabis, British Columbia Liquor Distribution Branch, Liquor, Gaming and Cannabis Authority of Manitoba, Alcohol and Gambling Commission of Ontario or the Saskatchewan Liquor and Gaming Authority, which allows it to continue operating Canna Cabana Inc. and KushBar Inc. High Tide believes these assumptions are reasonable under the circumstances. However, there can be no guarantee that any one or more of the government, industry, market, operational, or financial objectives set forth herein will be achieved. The forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause actual results, performance or accomplishments or industry results to differ materially from those expressed or implied in such forward-looking statements.
The forward-looking statements contained herein are current as of the date of this press release. Except as required by law, High Tide has no obligation to notify any person if it becomes aware of inaccuracies or omissions in forward-looking statements, and does not intend or undertake to update or revise any statements that reflect new events or circumstances. All forward-looking statements in this press release are expressly limited by this cautionary notice and, unless otherwise stated, apply as of the date of this press release.
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SOURCE High Tide Inc.
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