High Tide Closes Acquisition of Canadian Retailer Crossroads Cannabis.
MANews-(C)2009-2022
Canada-based retail-focused cannabis company High Tide Inc. (NASDAQ: HITI) (TSX Venture: HITI) (FSE:2LYA) has closed the acquisition of four operating retail cannabis stores in Ontario under the name Crossroads Cannabis for CDN 2.5m (USD 1.97m), the company said.
The Stores are located in Stratford, Woodstock, Hanover and Markdale. The Stratford store is located in a retail plaza anchored by a national discount grocery chain.
The Woodstock store is located in a shopping centre anchored by a large national home improvement store.
The Hanover store is located in a power centre with numerous anchors including national grocery and big box retail chains. The Markdale store is well-located immediately beside the provincial liquor retailer.
For the three months ended December 31, 2021...
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