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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 items, now announced that it has been chosen by Aurora Cannabis Inc. (“Aurora”) to handle its flagship retail shop at West Edmonton Mall (“WEM”) opening to the public on November 27th in Aurora’s residence city of Edmonton, Alberta. The Organization has signed an agreement with an affiliate of Aurora to deliver solutions like, but not restricted to: inventory, promoting, operations, sales, staffing, coaching, and safety, in accordance with each Wellness 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 component of the expanding cannabis retail atmosphere with new shop openings altering the market dynamic,” stated Raj Grover, President and Chief Executive Officer of Higher Tide. “We are committed to enabling an unparalleled retail knowledge in the shops that we assistance, making sure greatest in class execution constructed on Higher Tide’s consumer understanding, operational know-how, and general 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 items. It is a vertically-integrated corporation in the Canadian cannabis market place, with portfolio subsidiaries like RGR Canada Inc., Renowned Brandz Inc., Kush West Distribution Inc., Smoker’s Corner Ltd., Grasscity.com, Canna Cabana Inc. and the majority of KushBar Inc. Higher Tide’s tactic as a parent corporation is to extend and strengthen its integrated worth chain whilst delivering total consumer knowledge and maximizing shareholder worth. Important market investors in Higher Tide incorporate Aphria Inc. (TSX: APHA) (NYSE: APHA) and Aurora Cannabis Inc. (NYSE: ACB) (TSX: ACB).
Representing the core of Higher Tide’s business enterprise, RGR Canada Inc. is a higher-good quality and revolutionary designer, manufacturer and distributor of cannabis accessories. Renowned Brandz Inc. is a dominant manufacturer of licensed life style accessories, by means of partnerships with celebrities and entertainment businesses like Snoop Dogg and Paramount Photos. Renowned Brandz’ items 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 places. Kush West Distribution is in the course of action 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 items with around five.eight million website visits annually. With the deregulation of recreational cannabis for adult use across Canada, Canna Cabana Inc. and its 27 branded shops, is a sizeable retail business enterprise with sophisticated however playful consumer knowledge. KushBar Inc. is a retail cannabis joint venture with three places in Alberta, providing a modern day knowledge that is focused on the expanding consumer bases in Alberta and Ontario.
For additional details about Higher Tide Inc., please visit www.hightideinc.com and its profile web page on SEDAR at www.sedar.com.
Forward-Searching Information and facts
Specific statements in this news release are forward-searching details or forward-searching statements. Such details and statements, referred to herein as “forward-searching statements” are produced as of the date of this news release or as of the date of the powerful date of details described in this news release, as applicable. Forward-searching statements relate to future events or future efficiency and reflect existing estimates, predictions, expectations or beliefs concerning 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-searching 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 particular actions, events or benefits “may”, “can”, “could”, “would”, “might”, or “will” be taken, take place or be accomplished, or the unfavorable of any of these terms or comparable expressions, and other comparable terminology) are not statements of historical truth and may perhaps be forward-searching statements.
Such forward-searching statements are primarily based on assumptions that may perhaps prove to be incorrect, like but not restricted to the capacity of Higher Tide to execute on its business enterprise strategy and that Higher Tide will obtain 1 or many 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. companies. High Tide considers these assumptions to be affordable in the situations. Having said that, there can be no assurance that any 1 or additional of the government, market, market place, operational or economic targets as set out herein will be accomplished. Inherent in the forward-searching statements are recognized and unknown dangers, uncertainties and other components that could result in actual benefits, efficiency or achievements, or market benefits, to differ materially from any benefits, efficiency or achievements expressed or implied by such forward-searching statements.
The forward‐looking statements contained herein are existing as of the date of this news release. Except as essential 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-searching statement, nor does it intend, or assume any obligation, to update or revise these forward-searching statements to reflect new events or situations. Any and all forward-searching statements incorporated in this news release are expressly certified by this cautionary statement, and except as otherwise indicated, are produced as of the date of this news release.
Supply Higher Tide Inc.