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High Tide Inc
Symbol HITI
Shares Issued 665,724,103
Close 2021-04-13 C$ 0.66
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High Tide opens new store in Medicine Hat

2021-04-14 08:04 ET - News Release

Mr. Raj Grover reports

HIGH TIDE OPENS NEW CANNABIS RETAIL STORE IN MEDICINE HAT

High Tide Inc.'s new Canna Cabana retail store, located at 543 3rd St. SE, in Medicine Hat, Alta., has begun selling recreational cannabis products for adult use. The new store represents High Tide's 82nd branded retail location across Canada selling recreational cannabis products and consumption accessories. The new Medicine Hat store is situated within a major commercial plaza near several restaurants and national banks and is within walking distance of the popular Riverside Veterans' Memorial Park.

"In keeping with our retail strategy, the new store will follow our differentiated model, serving as the one-stop shop for all Medicine Hat customers' cannabis and consumption accessory needs at unbeatable prices," said Raj Grover, president and chief executive officer of High Tide. "Driving Canadian organic growth remains an important part of High Tide's business plan even as we execute on our other important initiatives such as finalizing our Nasdaq listing," added Mr. Grover.

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 81 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, Smokecartel and CBDcity, and its wholesale distribution division under Valiant Distribution, including the licensed entertainment product manufacturer, Famous Brandz.

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