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High Tide" or the " Company") (TSXV: HITI) (OTCQB: HITIF) (FRA: 2LY), a retail-focused cannabis corporation enhanced by the manufacturing and distribution of consumption accessories, is pleased to announce that it has completed the acquisition (the " Acquisition") of Fab Nutrition, LLC, operating as FABCBD (" FABCBD") thus meaningfully increasing its presence within the U.S. e-commerce marketplace for hemp-derived CBD products. The acquisition is just one of a series of recent steps the Company has taken to considerably expand its footprint in the United States market by selling products that...

Risk.net Quant team’s options-based approach avoids pitfalls of historical data dependence Print this page   As analysts warn about euphoria in US markets and the Cape ratio – economist Robert Shiller’s widely watched metric of stock market frothiness – nears all-time highs, investors could do with a reliable way to detect and measure asset bubbles. As a matter of course, buy-siders weigh prices against model-derived reference points of fundamental value. But their reliance on historic data can leave these models open to question – especially when conditions change rapi...

Share this article Share this article Acquisition boosts High Tide's current U.S. revenue run rate by ~60% to over C$40 Million Highly accretive transaction for shareholders, as FABCBD generated 2020 revenue of US$10.8 Million and EBITDA of US$4.3 Million – with each metric having more than doubled in each of the past two years Strong financial profile which generated 74% gross margins and 40% EBITDA margins in 2020 Complementary acquisition adding a fully direct to consumer e-commerce platform, which is in line with High Tide's retail strengths Potential for meaningful synergies and cross...

Pegasus Acquisition Company Europe B.V.: Pegasus Europe successfully raises €500m in a private placement Largest European SPAC to date Pegasus intends to target a high potential business combination partner in the European financial services industry Strong Sponsor alignment with shareholders, committing in excess of €165 million, including unconditional €100 million Forward Purchase Agreement at the time of a business combination from institutional sponsors Tikehau Capital and Financière Agache AMSTERDAM, April 29, 2021 (GLOBE NEWSWIRE) -- Pegasus Acquisition Company Europe B.V. (" P...

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