AZ Business Magazine

Virginia 500 Power List Recognizes PRA Group President and CEO

Retrieved on: 
Thursday, September 1, 2022
PRA Group, Education, AZ Business Magazine, CEO, Nasdaq, Insurance, Management, Public relations

NORFOLK, Va., Sept. 1, 2022 /PRNewswire/ -- Kevin Stevenson, president and CEO of PRA Group, Inc. (Nasdaq: PRAA), has been named to Virginia Business Magazine's Virginia 500 Power List for 2022-23.

Key Points: 
  • NORFOLK, Va., Sept. 1, 2022 /PRNewswire/ -- Kevin Stevenson, president and CEO of PRA Group, Inc. (Nasdaq: PRAA), has been named to Virginia Business Magazine's Virginia500Power List for 2022-23.
  • The list recognizes the state's most powerful leaders across the business, education, political and government sectors.
  • The magazine's annual Virginia 500 issue recognizes the state's most powerful leaders across the business, education, political and government sectors.
  • To read the Virginia 500 Power List feature, visit: https://www.virginiabusiness.com/article/finance-insurance-kevin-p-steve...
    As a global leader in acquiring and collecting nonperforming loans, PRA Group returns capital to banks and other creditors to help expand financial services for consumers.

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
CBD, Amazon (company), Person, AB, Tide, NASDAQ, High Tide (band), AZ Business Magazine, Acquisition, TSX Venture Exchange, Companies' Creditors Arrangement Act, CAD, Company, FSE, TSX, Chum (tent), Multimedia, TSX Venture 50, Intention, Cannabis, News, EDGAR, Projection, SEDAR, Forward-looking statement, High Tide, Retail, Risk management, Niagara Square

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
CBD, Amazon (company), Person, AB, Saskatchewan Liquor and Gaming Authority, Tide, Government, NASDAQ, Green Grass and High Tides, AZ Business Magazine, BC Liquor Distribution Branch, Alcohol and Gaming Commission of Ontario, FSE, TSX, Goal, Multimedia, TSX Venture 50, Company, News, EDGAR, Webcast, Terminology, SEDAR, Growth, Industry, Forward-looking statement, High Tide, Management, Broadcasting, Security (finance)

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.

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

Retrieved on: 
Thursday, August 18, 2022
Interest rate, Multimedia, Tide, FSE, AB, Industry, Forward-looking statement, Amazon (company), AZ Business Magazine, Growth, Commercial bank, TSX, Prospectus, Traction, Primary Dealer Credit Facility, Credit, Compliance, EDGAR, EBITDA, Company, Letter, Person, Corporation, Cannabis, Projection, Partnership, CBD, ConnectFirst Credit Union, Intention, Corporate Commercial Bank, Blackpool High Tide Organ, Line of credit, High Tide, News, TSX Venture 50, SEDAR, Bank, Security (finance), Risk management

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
CBD, SEDAR, Projection, TSX Venture Exchange, EDGAR, AB, Companies' Creditors Arrangement Act, Tide, FSE, Multimedia, Acquisition, High Tide, Richard Street, Intention, TSX, CAD, Avenue, Centre Street, Amazon (company), TSX Venture 50, Person, Company, 107th Street–Beverly Hills station, Big Hits (High Tide and Green Grass), Cannabis, AZ Business Magazine, News, Forward-looking statement, Restaurant, Retail, Asphalt, Risk management, Cold, Cold Lake

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.

Intact welcomes Michael Katchen to its Board of Directors

Retrieved on: 
Wednesday, July 20, 2022
TSX, Ernst & Young, Change, Insurance, Business, Canadian Business, CEO, Post, Financial Post, Entrepreneurship, RSA, Solution, Ernst & Young Entrepreneur of the Year Award, IFC, Board, Western University, Intact, Financial Services Trade and Investment Board, Intact Insurance Specialty Solutions, Business Council of Canada (BCC), Toronto Life, P&C, Technology, The Business Council, Company, Board of directors, Intact Financial, AZ Business Magazine, AI, Medicine, Wealthsimple, Industry

TORONTO, July 20, 2022 /CNW/ - Intact Financial Corporation (TSX: IFC) today announced that Michael Katchen, Co-Founder and CEO of Wealthsimple, will be appointed to its Board of Directors effective July 25, 2022.

Key Points: 
  • TORONTO, July 20, 2022 /CNW/ - Intact Financial Corporation (TSX: IFC) today announced that Michael Katchen, Co-Founder and CEO of Wealthsimple, will be appointed to its Board of Directors effective July 25, 2022.
  • "We are pleased to welcome Michael Katchen to the Intact Board of Directors as the company continues to invest in transforming its competitive advantages through digital acceleration and AI," said William Young, Chairman of the Board.
  • "Michael Katchen is a leading entrepreneur and innovator dedicated to reinventing Canada's financial services industry.
  • Michael is passionate about helping people achieve financial freedom by using technology to make great products available to everyone.

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

Retrieved on: 
Monday, July 11, 2022
Cannabis, BC Liquor Distribution Branch, Alcohol and Gaming Commission of Ontario, Saskatchewan Liquor and Gaming Authority, CBD, Tide, TSX, News, Industry, United Kingdom, TSX Venture 50, Food, FSE, Blackpool High Tide Organ, TSX Venture Exchange, Amazon (company), Food Standards Agency, Company, Capsule, Goal, Government, Person, Forward-looking statement, AB, High Tide, Multimedia, Compliance, SEDAR, Terminology, AZ Business Magazine, EDGAR, Online shopping, Drug, Security (finance), Amazon

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.

High Tide Opens New Canna Cabana Store in Sherwood Park

Retrieved on: 
Thursday, June 30, 2022
TSX Venture Exchange, SEDAR, Adult, Saskatchewan Liquor and Gaming Authority, High Tide, FSE, BC Liquor Distribution Branch, TSX, CBD, Growth, Company, Goal, Industry, 127th, Terminology, TSX Venture 50, AB, High Tide (band), Person, Tide, Alcohol and Gaming Commission of Ontario, NASDAQ, EDGAR, Government, News, AZ Business Magazine, Multimedia, Forward-looking statement, Retail, Oil, Security (finance)

CALGARY, AB, June 30, 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 Canna Cabana retail cannabis store located at 993 Fir Street in Sherwood Park, Alberta has begun selling recreational cannabis products and consumption accessories for adult use.

Key Points: 
  • CALGARY, AB, June 30, 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 Canna Cabana retail cannabis store located at 993 Fir Street in Sherwood Park, Alberta has begun selling recreational cannabis products and consumption accessories for adult use.
  • The store is High Tide's first location in Sherwood Park, which is a community of over 70,000 people immediately adjacent to Alberta's capital city of Edmonton.
  • Our Canna Cabana locations in Edmonton and other nearby communities have been well-received, and we expect to see similar success in Sherwood Park," said Raj Grover, President and Chief Executive Officer of High Tide.
  • High Tide is a leading retail-focused cannabis company with bricks-and-mortar as well as global e-commerce assets.

Launching the Indigenous-SME Magazine Providing Valuable Insights Vital to Indigenous Small Business Success in Canada

Retrieved on: 
Thursday, June 23, 2022
Aborigine, First Nations, Small business, Knowledge, Growth, AZ Business Magazine, Marketing, Public relations, Metis, SME, Movement, Awareness, Foot, GLOBE, Face, Publishing, Whaling, Fashion, Indigenous

His first project was the Canadian Small Business Magazine he founded before focusing on the Indigenous SME publication efforts.

Key Points: 
  • His first project was the Canadian Small Business Magazine he founded before focusing on the Indigenous SME publication efforts.
  • Darian Kovacs, an Indigenous business leader with 15 years of experience in marketing, communications, and public relations, is the Co-founder and Editor of The Canadian Indigenous SME Magazine.
  • In light of this, Indigenous SME Inc. is pleased to announce the Canadian Indigenous SME Business Magazine launch.
  • Apart from that, the Canadian Indigenous SME Magazine is also going to feature indigenous businesses in Canada, such as Indigenous Business Woman of the month, exclusive content for Indigenous Entrepreneurs, exclusive articles from experts, and interviews with leading Canadian Indigenous business community, as well as feature an Indigenous Small Business of the Day each day.

Think Innovate 2022 Final Agenda Announced, and the Lineup is Nothing Short of Impressive

Retrieved on: 
Thursday, June 23, 2022
Professional Services, Data Management, Technology, Mobile, Wireless, Software, Networks, Consulting, System, Digital, Maryland Department of Commerce, Blockchain, Economic development, Technology, Telephony, PNC Financial Services, CEO, Entrepreneur (magazine), Non-fungible token, ESG Solutions, AZ Business Magazine, TPx Communications, Solution, Hammerjack's, PE, AWS, Commerce, M&T Bank, American City Business Journals, Management, MD, Metaverse

Think Systems, Inc ., a privately-owned national management consulting firm that provides both private and public entities with organizational solutions and strategic hiring, has finalized the agenda for Think Innovate 2022 .

Key Points: 
  • Think Systems, Inc ., a privately-owned national management consulting firm that provides both private and public entities with organizational solutions and strategic hiring, has finalized the agenda for Think Innovate 2022 .
  • More than 34 exhibitors, 40+ speakers, and 100+ C-level executives, business owners, and government professionals have already registered in advance for the October 19-21 conference in Baltimore, MD.
  • Innovate 2022 brings together the best minds in the Mid-Atlantic, connecting hundreds of executives for the purpose of networking, sharing ideas, and future-proof strategies, said Tony Gruebl, founder and CEO of Think.
  • Founded in 2004, Think is a national technology and operations management consulting practice providing services to private and public sectors.