CALGARY – Cannabis retailer High Tide Inc. has signed a deal to buy two stores in Alberta for $2.2 million in shares.<\/p>\n
The company says it will acquire the company operating as Boreal Cannabis Company, which has a store in Slave Lake, Alta., and another in St. Paul, Alta.<\/p>\n
The announcement follows two deals by High Tide in March.<\/p>\n
High Tide said Wednesday it will buy Livonit Foods Inc., which operates two stores in Ontario under the Bud Heaven banner, for $2.8 million in shares.<\/p>\n
The company also signed a deal on March 3 to buy four retail cannabis stores in Ontario operating under the Crossroads Cannabis banner for $2.5 million in shares.<\/p>\n
High Tide says once the deals close it will have at least 121 stores.<\/p>\n
This report by The Canadian Press was first published April 1, 2022.<\/p>\n
Companies in this story: (TSXV:HITI)<\/p>\n
<\/p>\n","protected":false},"excerpt":{"rendered":"
CALGARY – Cannabis retailer High Tide Inc. has signed a deal to buy two stores in Alberta for $2.2 million in shares. The company says it will acquire the company operating as Boreal Cannabis Company, which has a store in Slave Lake, Alta., and another in St. Paul, Alta. The announcement follows two deals by […]<\/p>\n","protected":false},"author":362,"featured_media":1275,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"guid":"","source":"The Canadian Press","byline":"The Canadian Press","published":"2022-04-01T08:39:47","updated":"2022-04-02T22:00:00","_infotelid":"IT89908","_prepressid":"89908","_multisite_post_sync":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[379,2,391,381],"tags":[],"region":[309,310,311,312],"class_list":["post-146","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-featured3","category-in420","category-nonit","category-topnews","region-kamloops","region-kelowna","region-penticton","region-vernon"],"blocksy_meta":[],"jetpack_featured_media_url":"https:\/\/staging.infonews.ca\/in420\/wp-content\/uploads\/sites\/3\/MediaItemID89908-6595.jpg","post_modified":"2022-04-02T22:00:00","post_modified_gmt":"2022-04-03T05:00:00","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/staging.infonews.ca\/in420\/wp-json\/wp\/v2\/posts\/146","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/staging.infonews.ca\/in420\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/staging.infonews.ca\/in420\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/staging.infonews.ca\/in420\/wp-json\/wp\/v2\/users\/362"}],"replies":[{"embeddable":true,"href":"https:\/\/staging.infonews.ca\/in420\/wp-json\/wp\/v2\/comments?post=146"}],"version-history":[{"count":3,"href":"https:\/\/staging.infonews.ca\/in420\/wp-json\/wp\/v2\/posts\/146\/revisions"}],"predecessor-version":[{"id":3619,"href":"https:\/\/staging.infonews.ca\/in420\/wp-json\/wp\/v2\/posts\/146\/revisions\/3619"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/staging.infonews.ca\/in420\/wp-json\/wp\/v2\/media\/1275"}],"wp:attachment":[{"href":"https:\/\/staging.infonews.ca\/in420\/wp-json\/wp\/v2\/media?parent=146"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/staging.infonews.ca\/in420\/wp-json\/wp\/v2\/categories?post=146"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/staging.infonews.ca\/in420\/wp-json\/wp\/v2\/tags?post=146"},{"taxonomy":"region","embeddable":true,"href":"https:\/\/staging.infonews.ca\/in420\/wp-json\/wp\/v2\/region?post=146"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}