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CALGARY, Nov. 27, 2019 /CNW/ – Higher Tide Inc. (“High Tide” or the “Company”) (CSE:HITI) (OTCQB:HITIF) (Frankfurt: 2LY), an Alberta-primarily based, retail-focused cannabis corporation enhanced by the manufacturing and wholesale distribution of smoking accessories and cannabis life-style goods, right now announced that it has been chosen by Aurora Cannabis Inc. (“Aurora”) to handle its flagship retail retailer at West Edmonton Mall (“WEM”) opening to the public on November 27th in Aurora’s household city of Edmonton, Alberta. The Business has signed an agreement with an affiliate of Aurora to deliver solutions which includes, but not restricted to: inventory, marketing and advertising, operations, sales, staffing, instruction, and safety, in accordance with each Overall health Canada and Alberta Gaming, Liquor and Cannabis needs, more than a base term of 3 years with an choice to extend the term, in exchange for service provider costs (the “Agreement”).
“We are excited to be a aspect of the developing cannabis retail atmosphere with new retailer openings altering the market dynamic,” stated Raj Grover, President and Chief Executive Officer of Higher Tide. “We are committed to enabling an unparalleled retail expertise in the retailers that we help, guaranteeing very best in class execution constructed on Higher Tide’s consumer know-how, operational know-how, and all round retail management knowledge.”
About Higher Tide Inc.
Higher Tide Inc. (CSE:HITI) (OTCQB:HITIF) (Frankfurt: 2LY) is an Alberta-primarily based, retail-focused cannabis corporation enhanced by the manufacturing and wholesale distribution of smoking accessories and cannabis life-style goods. It is a vertically-integrated firm in the Canadian cannabis market place, with portfolio subsidiaries which includes RGR Canada Inc., Well-known Brandz Inc., Kush West Distribution Inc., Smoker’s Corner Ltd., Grasscity.com, Canna Cabana Inc. and the majority of KushBar Inc. Higher Tide’s approach as a parent firm is to extend and strengthen its integrated worth chain whilst offering full consumer expertise and maximizing shareholder worth. Essential market investors in Higher Tide consist of Aphria Inc. (TSX: APHA) (NYSE: APHA) and Aurora Cannabis Inc. (NYSE: ACB) (TSX: ACB).
Representing the core of Higher Tide’s small business, RGR Canada Inc. is a higher-high quality and revolutionary designer, manufacturer and distributor of cannabis accessories. Well-known Brandz Inc. is a dominant manufacturer of licensed life-style accessories, by means of partnerships with celebrities and entertainment firms which includes Snoop Dogg and Paramount Photos. Well-known Brandz’ goods are sold to wholesalers and retailers about the globe. Founded in 2009 and authorized by the Canadian Franchise Association, Smoker’s Corner Ltd. is among Canada’s largest counter-culture chains with 12 areas. Kush West Distribution is in the method of becoming a cannabis wholesaler in the province of Saskatchewan. Primarily based in Amsterdam since 2000, Grasscity.com is the world’s preeminent and most searchable on the internet retailer of smoking accessories and cannabis life-style goods with roughly five.eight million web-site visits annually. With the deregulation of recreational cannabis for adult use across Canada, Canna Cabana Inc. and its 27 branded retailers, is a sizeable retail small business with sophisticated but playful consumer expertise. KushBar Inc. is a retail cannabis joint venture with three areas in Alberta, supplying a contemporary expertise that is focused on the developing consumer bases in Alberta and Ontario.
For additional info about Higher Tide Inc., please visit www.hightideinc.com and its profile web page on SEDAR at www.sedar.com.
Specific statements in this news release are forward-hunting info or forward-hunting statements. Such info and statements, referred to herein as “forward-hunting statements” are created as of the date of this news release or as of the date of the helpful date of info described in this news release, as applicable. Forward-hunting statements relate to future events or future efficiency and reflect present estimates, predictions, expectations or beliefs with regards to future events. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or efficiency (typically, forward-hunting statements can be identified by use of words such as “outlook”, “expects”, “intend”, “forecasts”, “anticipates”, “plans”, “projects”, “estimates”, “envisages, “assumes”, “needs”, “strategy”, “goals”, “objectives”, or variations thereof, or stating that specific actions, events or outcomes “may”, “can”, “could”, “would”, “might”, or “will” be taken, happen or be accomplished, or the adverse of any of these terms or related expressions, and other related terminology) are not statements of historical truth and might be forward-hunting statements.
Such forward-hunting statements are primarily based on assumptions that might prove to be incorrect, which includes but not restricted to the capacity of Higher Tide to execute on its small business program and that Higher Tide will acquire a single or a number of licenses from Alberta Gaming, Liquor & Cannabis, British Columbia’s Liquor Distribution Branch, Liquor, Gaming and Cannabis Authority of Manitoba, Alcohol and Gaming Commission of Ontario or the Saskatchewan Liquor and Gaming Authority permitting it to carry on its Canna Cabana Inc. and KushBar Inc. organizations. High Tide considers these assumptions to be affordable in the situations. Even so, there can be no assurance that any a single or additional of the government, market, market place, operational or economic targets as set out herein will be accomplished. Inherent in the forward-hunting statements are recognized and unknown dangers, uncertainties and other elements that could trigger actual outcomes, efficiency or achievements, or market outcomes, to differ materially from any outcomes, efficiency or achievements expressed or implied by such forward-hunting statements.
The forward‐looking statements contained herein are present as of the date of this news release. Except as needed by law, Higher Tide does not have any obligation to advise any individual if it becomes conscious of any inaccuracy in or omission from any forward-hunting statement, nor does it intend, or assume any obligation, to update or revise these forward-hunting statements to reflect new events or situations. Any and all forward-hunting statements integrated in this news release are expressly certified by this cautionary statement, and except as otherwise indicated, are created as of the date of this news release.
Supply Higher Tide Inc.