The Calgary, Alberta-based company opted to purchase all of the Meta Growth’s issued and outstanding shares.
Both parties entered into a definitive arrangement agreement on Thursday, August 20.
Under the transaction terms, META shareholders would obtain 0.824 of a High Tide share for each META Share.
In addition, META shareholders will hold around 45.625% ownership in the combined retail entity.
The newly formed entity would operate 63 retail locations, …