High Tide Cannabis To Acquire Six Dispensaries In Saskatchewan For $2.31M In Stock And Cash

High Tide Inc. (TSXV: HITI) (NASDAQ: HITI) will acquire six retail stores in Regina, Saskatchewan in a CA$2.9 million ($2.31 million) stock and cash deal.

The retail-focused cannabis company reported Tuesday it has reached an agreement with the shareholders of 102105699 Saskatchewan Ltd. (the “corporation), under which High Tide will buy all the shares of the corporation.

The news comes on the heels of the company’s acquisition of Daily High Club, an online cannabis accessories retailer, for $10 million, through which it has strengthened its presence in the U.S.

Via the newest transaction, the Calgary, Alberta-headquartered …

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