TSX Venture 50

High Tide Ranks 21st Out of 448 In Globe and Mail's Annual Ranking of Canada's Top Growing Companies With 1970% Revenue Growth Over Three Years

Retrieved on: 
Friday, September 23, 2022

Canada's Top Growing Companies ranks Canadian companies based on their three-year revenue growth.

Key Points: 
  • Canada's Top Growing Companies ranks Canadian companies based on their three-year revenue growth.
  • "The Globe and Mail, Canada's newspaper of record, has, for the second year in a row, recognized High Tide's exponential growth, ranking us 21st out of 430 on its annual ranking of Canada's Top Growing Companies due to our three-year revenue growth rate of 1,970%.
  • Canada's Top Growing Companies is an editorial ranking that was launched in 2019.
  • It aims to celebrate the boldest entrepreneurial achievement by identifying and bringing the accomplishments of innovative businesses in Canada to the forefront.

High Tide Closes the Second Tranche in Its Acquisition of Choom, Adding Established Retail Store in Niagara Falls, Ontario

Retrieved on: 
Thursday, September 1, 2022

The Store is located at 7555 Montrose Road in Niagara Falls, Ontario, and is situated in Niagara Square, an outlet mall anchored by numerous national big box and discount retailers.

Key Points: 
  • The Store is located at 7555 Montrose Road in Niagara Falls, Ontario, and is situated in Niagara Square, an outlet mall anchored by numerous national big box and discount retailers.
  • The Acquisition was completed pursuant to the terms of a binding agreement dated June 28, 2022 ("Acquisition Agreement").
  • High Tide acquired the Store, including inventory, for CAD$1.1 Million, for approximately $300,000 in cash and by issuing 364,185 common shares of High Tide (each a "High Tide Share") at a deemed price of $2.3375 per High Tide Share.
  • Pursuant to the Acquisition Agreement, 70% of the High Tide Shares issued are subject to a four month hold.

High Tide Provides Timing for Release of Third Quarter 2022 Financial Results and Webcast

Retrieved on: 
Thursday, August 25, 2022

High Tide's third quarter 2022 financial and operational results will be available on SEDAR, EDGAR, and on the Company's website at www.hightideinc.com/invest .

Key Points: 
  • High Tide's third quarter 2022 financial and operational results will be available on SEDAR, EDGAR, and on the Company's website at www.hightideinc.com/invest .
  • Following the release of its third quarter financial and operational results, High Tide will host a webcast with Raj Grover, President and Chief Executive Officer, and Rahim Kanji, Chief Financial Officer, at 5:30 PM Eastern Time on Wednesday, September 14, 2022.
  • The webcast and conference call will discuss High Tide's third quarter 2022 financial and operational results, as well as the Company's plans for the remainder of 2022.
  • Webcast Link for High Tide Earnings Event:
    Participants may pre-register for the webcast by clicking on the link above prior to the beginning of the live webcast.

American Lithium Reports Voting Results at its Annual General and Special Meeting of Shareholders

Retrieved on: 
Monday, August 22, 2022

American Lithium, a member of the TSX Venture 50, is actively engaged in the acquisition, exploration and development of lithium projects within mining-friendly jurisdictions throughout the Americas.

Key Points: 
  • American Lithium, a member of the TSX Venture 50, is actively engaged in the acquisition, exploration and development of lithium projects within mining-friendly jurisdictions throughout the Americas.
  • Both Falchani and Macusani have been through preliminary economic assessments, exhibit strong additional exploration potential and are situated near significant infrastructure.
  • American Lithium undertakes no obligation to update forward-looking statements except as required by applicable securities laws.
  • American Lithium has no assurance that the outcome of these appeals will be in the Companys favour.

High Tide Secures Commitment Letter from Connect First Credit Union for Non-Dilutive Financing

Retrieved on: 
Thursday, August 18, 2022

The terms of the Credit Facility were renegotiated with connectFirst to provide a larger immediately-accessible facility for High Tide, with a smaller total commitment from connectFirst initially - which High Tide expects will grow over time.

Key Points: 
  • The terms of the Credit Facility were renegotiated with connectFirst to provide a larger immediately-accessible facility for High Tide, with a smaller total commitment from connectFirst initially - which High Tide expects will grow over time.
  • Accordingly, we are very excited about this new partnership between High Tide and connectFirst helping to create a more prosperous Alberta - and beyond.
  • Our senior debt offering will provide High Tide the capital to continue to execute their impressive growth trajectory," said Sourav Neogi, Relationship Manager, Corporate & Commercial Banking, Connect First Credit Union.
  • Low Interest Rate: High Tide continues to receive industry leading interest rates that reflect the strength of its business.

High Tide Closes the First Tranche in Its Acquisition of Choom, Adding Two Established Cannabis Retail Stores in British Columbia and Six in Alberta

Retrieved on: 
Thursday, August 4, 2022

The Stores have the following addresses:

Key Points: 
  • The Stores have the following addresses:
    191 West 2nd Avenue in Vancouver, British Columbia (the "Vancouver West 2nd Store").
  • The Brooks Store is located in the centre of Brooks, close to numerous retail businesses.
  • High Tide acquired the Stores, including inventory, for CAD$4.2 Million, by issuing 1,782,838 common shares of High Tide (each a "High Tide Share") at a deemed price of $2.3375 per High Tide Share.
  • Pursuant to the Acquisition Agreement, 70% of the High Tide Shares issued are subject to a four month hold.

American Lithium intersects up to 2,900 ppm Li in best results to date from thick lithium claystone averaging 1,550 ppm Li over 50.3 m in hole TLC-2206C

Retrieved on: 
Thursday, July 14, 2022

An update on Reverse Circulation (RC") drill program results to date is expected to be released in the coming weeks.

Key Points: 
  • An update on Reverse Circulation (RC") drill program results to date is expected to be released in the coming weeks.
  • TLC-2201C - 50.3 m (165) of 1,247 ppm Li from 40 to 205 downhole; entire hole from 9 to 292 (End of Hole; EOH - 89 m true thickness) is mineralized averaging 883 ppm Li (maximum 2,100 ppm Li 5 sample from 205).
  • TLC-2205C - 51.8 m (170) of 1,221 ppm Li from 145 to 315 downhole; interval 110 to 342 (73.8 m thickness) is mineralized averaging 1009 ppm Li (max.
  • TLC-2202C - 50.3 m (165) of 1,118 ppm Li from 60 to 225 downhole; interval 23 to 260 (72.2 m thickness) is mineralized averaging 999 ppm Li (max.

High Tide Opens First Canna Cabana Location in British Columbia

Retrieved on: 
Wednesday, July 13, 2022

This opening will represent High Tide's 128th branded retail location across Canada, and 1st in British Columbia, selling recreational cannabis products and consumption accessories.

Key Points: 
  • This opening will represent High Tide's 128th branded retail location across Canada, and 1st in British Columbia, selling recreational cannabis products and consumption accessories.
  • The store will be High Tide's first location in the Peace River Region of British Columbia, within which Fort.
  • "Our first organic store opening in British Columbia is a much-awaited and very positive milestone for High Tide.
  • High Tide is a leading retail-focused cannabis company with bricks-and-mortar as well as global e-commerce assets.

American Lithium launches Pre-Feasibility work at Falchani, with initiation of EIA with SRK

Retrieved on: 
Monday, July 11, 2022

(American Lithium or the Company) (TSX-V:LI | OTCQB:LIACF | Frankfurt:5LA1) is pleased to announce that it has commenced the environmental work required for a pre-feasibility study on the Falchani Lithium project with the initiation of an Environmental Impact Assessment (EIA) with SRK Peru (SRK).

Key Points: 
  • (American Lithium or the Company) (TSX-V:LI | OTCQB:LIACF | Frankfurt:5LA1) is pleased to announce that it has commenced the environmental work required for a pre-feasibility study on the Falchani Lithium project with the initiation of an Environmental Impact Assessment (EIA) with SRK Peru (SRK).
  • The SRK led EIA will provide all environmental work needed to complete a pre-feasibility study on the Falchani Project, including enabling any additional drilling required.
  • Simon Clarke, CEO of American Lithium stated, We are very pleased to be able to commence the next phase of work at Falchani and specifically to formally begin pre-feasibility work with the launch of environmental and hydrological work with SRK and EDASI.
  • American Lithium has no assurance that the outcome of these appeals will be in the Companys favour.

High Tide Subsidiary Blessed CBD Launches Sales of Hemp-derived CBD Products on Amazon UK

Retrieved on: 
Monday, July 11, 2022

CALGARY, AB, July 11, 2022 /PRNewswire/ - High Tide Inc. ("High Tide" or the "Company") (Nasdaq: HITI) (TSXV: HITI) (FSE: 2LYA), a leading retail-focused cannabis company with bricks-and-mortar as well as global e-commerce assets, announced today that its subsidiary, Blessed CBD ("Blessed"), has begun sales of its premium hemp-derived CBD products on Amazon in the United Kingdom ("Amazon UK").

Key Points: 
  • CALGARY, AB, July 11, 2022 /PRNewswire/ - High Tide Inc. ("High Tide" or the "Company") (Nasdaq: HITI) (TSXV: HITI) (FSE: 2LYA), a leading retail-focused cannabis company with bricks-and-mortar as well as global e-commerce assets, announced today that its subsidiary, Blessed CBD ("Blessed"), has begun sales of its premium hemp-derived CBD products on Amazon in the United Kingdom ("Amazon UK").
  • A range of Blessed CBD products, including gummies, capsules, and balms are now available on Amazon UK, and the remaining Blessed CBD products will be listed in the coming days.
  • As with all other CBD retailers who are listed on Amazon UK, Blessed was invited by Amazon themselves to join the platform as a seller of CBD.
  • "The listing of Blessed CBD products on Amazon UK represents a fantastic growth opportunity for Blessed and High Tide.