Reported 29 days ago
High Tide Inc. (HITI), a Canadian cannabis retailer, has successfully secured $30 million in convertible debt financing from Cronos Group to support its expansion efforts. With 202 stores already in Canada and plans to exceed 300 locations, the company is leveraging this funding for acquisitions and organic growth. High Tide also operates a strong loyalty program, and is exploring international opportunities, including a potential acquisition in Germany, amidst an expanding market.
Source: YAHOO