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High Tide to Announce Second Quarter 2023 Financial Results and Acquisition of Remaining Interest of FABCBD

/PRNewswire/ - High Tide Inc. ("High Tide" or the "Company") (Nasdaq: HITI) (TSXV: HITI) (FSE: 2LYA), the high-impact, retail-forward enterprise built to...

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EV Nickel Inc. Files Final Prospectus for Initial Public Offering

THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.TORONTO, ON / ACCESSWIRE / November 22, 2021 / EV Nickel Inc. ("EV Nickel" or the "Company")

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Magen Ventures I Inc. Announces Closing of Initial Public Offering

Magen Ventures I Inc. Announces Closing of Initial Public Offering
finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.

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Silo Wellness

Silo Wellness
benzinga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benzinga.com Daily Mail and Mail on Sunday newspapers.

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High Tide Expands US Reach With 80% Stake In FABCBD

High Tide Inc. (TSXV:HITI) (OTCQB: HITIF) (FRA: 2LY) said Monday that it will acquire 80% of
Fab Nutrition, LLC. (operating as FABCBD) for $20.64 million in stock and cash.
FABCBD, an online retailer of hemp-derived CBD products headquartered in Milwaukee, Wisconsin, launched in 2017.
High Tide said it is considered the most profitable Canadian retailer of adult-use cannabis on an adjusted EBITDA basis. Key investors in High Tide include giant Canadian cannabis companies such as
Aphria Inc. (TSX:APHA) (NYSE: APHA) and
Aurora Cannabis Inc. (NYSE: ACB) (TSX:ACB).
The High Tide-FABCBD Deal
High Tide signed an agreement to obtain 80% interest in FABCBD for $20.64 million consisting of $8.08 million in shares of High Tide and $12.56 million in cash.

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