CALGARY, Alberta, June 1, 2022, - PRESS RELEASE - High Tide Inc., a retail-focused cannabis company with bricks-and-mortar as well as global e-commerce assets, is pleased to announce that further to its press release dated March 30, 2022, the company has completed its acquisition of 100% of the equity interest of Livonit Foods Inc. operating as Bud Heaven, which operates two retail cannabis stores in Ontario for CAD$2.8 Million.
The stores are located at 77 Manitoba Street and 125 Muskoka Road Highway 118 West in Bracebridge. The Manitoba Street store is located in the heart of downtown Bracebridge, offering a wide variety of shops and restaurants and serving as a hub for tourist traffic. The Muskoka Road Highway 118 West store is in a retail plaza anchored by a national discount grocery and located adjacent to a provincial liquor store. The stores are the only retail cannabis stores currently operational in Bracebridge.
