An anonymous director reports
HIGH TIDE ISSUES STATEMENT RELATED TO FRAUDULENT USE OF GRASSCITY WEBSITE
It has recently come to High Tide Inc.'s attention that a company registered in China has fraudulently copied the website associated with its wholly owned subsidiary, Grasscity. High Tide is taking this issue seriously and is exploring all appropriate legal actions. In the meantime, it urges its loyal customers to be vigilant and ensure that they only visit High Tide's legitimate e-commerce platforms Grasscity and CBDcity when making purchases related to consumption accessories and hemp-derived CBD (cannabidiol) products.
About High Tide Inc.
High Tide is a retail-focused cannabis company enhanced by the manufacturing and distribution of consumption accessories. The company is the largest Canadian retailer of recreational cannabis as measured by revenue, with 73 branded retail locations spanning Ontario, Alberta, Manitoba and Saskatchewan. High Tide's retail segment features the Canna Cabana, KushBar, Meta Cannabis Co., Meta Cannabis Supply Co. and NewLeaf Cannabis banners, with additional locations under development across the country. High Tide has been serving consumers for over a decade through its numerous consumption accessory businesses including e-commerce platforms Grasscity and CBDcity, and its wholesale distribution division under Valiant Distribution, including the licensed entertainment product manufacturer Famous Brandz. High Tide's strategy as a parent company is to extend and strengthen its integrated value chain, while providing a complete customer experience and maximizing shareholder value. Key industry investors in High Tide include Aphria Inc. and Aurora Cannabis Inc.
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