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High Tide Inc. – ‘40FR12B/A’ on 5/24/21 – ‘EX-99.185’

On:  Monday, 5/24/21, at 8:03pm ET   ·   As of:  5/25/21   ·   Accession #:  1213900-21-28896   ·   File #:  1-40258

Previous ‘40FR12B’:  ‘40FR12B/A’ on 4/1/21   ·   Next & Latest:  ‘40FR12B/A’ on 5/28/21   ·   3 References:   

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  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 5/25/21  High Tide Inc.                    40FR12B/A             43:7.1M                                   EdgarAgents LLC/FA

Amendment to Registration Statement by a Canadian Issuer   —   Form 40-F   —   § 12(b) – SEA’34

Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 40FR12B/A   Amendment No. 2 to Form 40FR12B                     HTML    118K 
 2: EX-99.167   News Release Dated April 7, 2021                    HTML     19K 
 3: EX-99.168   News Release Dated April 8, 2021                    HTML     20K 
 4: EX-99.169   Qualification Certificate Dated April 8, 2021       HTML     19K 
 5: EX-99.170   Preliminary Short Form Prospectus Dated April 8,    HTML    255K 
                2021                                                             
 6: EX-99.171   Decision Document (Preliminary) Dated April 8,      HTML     14K 
                2021                                                             
 7: EX-99.172   News Release Dated April 8, 2021                    HTML     19K 
 8: EX-99.173   Statement of Executive Compensation (Form           HTML     68K 
                51-102F6V)                                                       
 9: EX-99.174   News Release Dated April 14, 2021                   HTML     19K 
10: EX-99.175   News Release Dated April 14, 2021                   HTML     18K 
11: EX-99.176   News Release Dated April 16, 2021                   HTML     19K 
12: EX-99.177   News Release Dated April 20, 2021                   HTML     19K 
13: EX-99.178   Final Short Form Prospectus Dated April 22, 2021    HTML    286K 
14: EX-99.179   Consent Letter of Issuer's Legal Counsel            HTML     16K 
15: EX-99.180   Auditors' Consent Letter Dated April 22, 2021       HTML     16K 
16: EX-99.181   Auditors' Consent Letter Dated April 22, 2021       HTML     16K 
17: EX-99.182   Auditors' Consent Letter Dated April 22, 2021       HTML     16K 
18: EX-99.183   Decision Document (Final) Dated April 22, 2021      HTML     14K 
19: EX-99.184   News Release Dated April 22, 2021                   HTML     20K 
20: EX-99.185   News Release Dated April 23, 2021                   HTML     19K 
21: EX-99.186   News Release Dated April 26, 2021                   HTML     19K 
22: EX-99.187   News Release Dated April 29, 2021                   HTML     21K 
23: EX-99.188   On Form 13-502F1 (Class 1 and 3B Reporting Issuers  HTML     13K 
                - Participation Fee)                                             
24: EX-99.189   Ab Form 13-501F1 (Class 1 and 3B Reporting Issuers  HTML     13K 
                - Participation Fee)                                             
25: EX-99.190   News Release Dated May 3, 2021                      HTML     32K 
26: EX-99.191   News Release Dated May 10, 2021                     HTML     26K 
27: EX-99.192   Acquisition Agreement Dated as of May 2, 2021       HTML    258K 
28: EX-99.193   News Release Dated May 12, 2021                     HTML     26K 
29: EX-99.194   News Release Dated May 13, 2021                     HTML     21K 
30: EX-99.195   Certificate of Amendment Dated May 13, 2021         HTML     13K 
31: EX-99.196   News Release Dated May 18, 2021                     HTML     21K 
32: EX-99.197   News Release Dated May 18, 2021                     HTML     26K 
33: EX-99.198   News Release Dated May 19, 2021                     HTML     26K 
34: EX-99.199   Confirmation of Notice of Record and Meeting Dates  HTML     19K 
                Dated May 19, 2021                                               
35: EX-99.200   Underwriting Agreement Dated May 20, 2021           HTML    310K 
36: EX-99.201   Prospectus Supplement Dated May 20, 2021 and Short  HTML    676K 
                Form Base Shelf Prospectus Dated April 22, 2021                  
37: EX-99.202   Consent Letter of Underwriters' Legal Counsel       HTML     16K 
                Dated May 20, 2021                                               
38: EX-99.203   Consent Letter of Issuer's Legal Counsel Dated May  HTML     16K 
                20, 2021                                                         
39: EX-99.204   Auditors' Consent Letter Dated May 20, 2021         HTML     17K 
40: EX-99.205   Auditors' Consent Letter Dated May 20, 2021         HTML     17K 
41: EX-99.206   Auditors' Consent Letter Dated May 20, 2021         HTML     17K 
42: EX-99.207   Term Sheet                                          HTML     22K 
43: EX-99.208   Amended & Restated Term Sheet                       HTML     24K 


‘EX-99.185’   —   News Release Dated April 23, 2021


This Exhibit is an HTML Document rendered as filed.  [ Alternative Formats ]



Exhibit 99.185

 

 

FOR IMMEDIATE RELEASE

 

High Tide Reports Approximately $775,000 in Retail Sales on 4/20

 

CALGARY, April 23, 2021 /CNW/ - High Tide Inc. (“High Tide” or the “Company”) (TSXV: HITI) (OTCQB: HITIF) (FRA:2LY), a retail-focused cannabis corporation enhanced by the manufacturing and distribution of consumption accessories, today announced approximately (CAD) $775,000 in total retail gross revenues (“Total Sales”) across all platforms on April 20, 2021 (4/20), representing an 80% increase from the previous Tuesday. The Company’s Canadian bricks and mortar stores reported a 51% increase, while sales across its three e-commerce platforms, grasscity.com, smokecartel.com and cbdcity.com reported an increase of 201% percent over the previous Tuesday.

 

“We at High Tide have never forgotten our humble beginnings and the customers who have helped us grow from one small smoke shop into an international cannabis company operating 84 retail stores across Canada and two of the world’s leading e-commerce platforms for consumption accessories,” said Raj Grover, President and Chief Executive Officer. “Our commitment to cannabis culture and the cannabis community is deeply rooted in everything we do as a company. I’m thrilled to see that our loyal customers have once again delivered a record breaking 4/20 sales figure despite pandemic related restrictions in many jurisdictions,” added Mr. Grover.

 

About High Tide Inc.

 

High Tide is a retail-focused cannabis company enhanced by the manufacturing and distribution of consumption accessories. The Company is the largest Canadian retailer of recreational cannabis as measured by revenue, with 84 branded retail locations spanning Ontario, Alberta, Manitoba and Saskatchewan. High Tide’s retail segment features the Canna Cabana, KushBar, Meta Cannabis Co., Meta Cannabis Supply Co. and NewLeaf Cannabis banners, with additional locations under development across the country. High Tide has been serving consumers for over a decade through its numerous consumption accessory businesses including e-commerce platforms Grasscity.com, Smokecartel.com and CBDcity.com, and its wholesale distribution division under Valiant Distribution, including the licensed entertainment product manufacturer Famous Brandz. High Tide’s strategy as a parent company is to extend and strengthen its integrated value chain, while providing a complete customer experience and maximizing shareholder value. Key industry investors in High Tide include Aphria Inc. (TSX:APHA) (NYSE:APHA) and Aurora Cannabis Inc. (NYSE:ACB) (TSX:ACB).

 

Neither the TSX Venture Exchange (the “TSXV”) nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.

 

 C: 

 

 

 

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS

 

Certain statements in this news release are forward-looking information or forward-looking statements. Such information and statements, referred to herein as “forward-looking statements” are made as of the date of this news release or as of the date of the effective date of information described in this news release, as applicable. Forward-looking statements relate to future events or future performance and reflect current estimates, predictions, expectations or beliefs regarding future events. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (generally, forward-looking 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 certain actions, events or results “may”, “can”, “could”, “would”, “might”, or “will” be taken, occur or be achieved, or the negative of any of these terms or similar expressions, and other similar terminology) are not statements of historical fact and may be forward-looking statements.

 

Such forward-looking statements are based on assumptions that may prove to be incorrect, including but not limited to the ability of High Tide to execute on its business plan and that High Tide will receive one or multiple 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. businesses. High Tide considers these assumptions to be reasonable in the circumstances. However, there can be no assurance that any one or more of the government, industry, market, operational or financial targets as set out herein will be achieved. Inherent in the forward-looking statements are known and unknown risks, uncertainties and other factors that could cause actual results, performance or achievements, or industry results, to differ materially from any results, performance or achievements expressed or implied by such forward-looking statements.

 

The forward-looking statements contained herein are current as of the date of this news release. Except as required by law, High Tide does not have any obligation to advise any person if it becomes aware of any inaccuracy in or omission from any forward-looking statement, nor does it intend, or assume any obligation, to update or revise these forward-looking statements to reflect new events or circumstances. Any and all forward-looking statements included in this news release are expressly qualified by this cautionary statement, and except as otherwise indicated, are made as of the date of this news release.

 

CONTACT INFORMATION

 

Omar Khan

Senior Vice President, Corporate and Public Affairs

omar@hightideinc.com

Tel. 1 (647) 985-4401

 

 

 

 

 


Dates Referenced Herein

This ‘40FR12B/A’ Filing    Date    Other Filings
Filed as of:5/25/21None on these Dates
Filed on:5/24/21
4/23/21
4/20/21
 List all Filings 


1 Subsequent Filing that References this Filing

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 5/28/21  High Tide Inc.                    40FR12B/A              4:664K                                   EdgarAgents LLC/FA


2 Previous Filings that this Filing References

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 4/01/21  High Tide Inc.                    40FR12B/A             14:3.5M                                   EdgarAgents LLC/FA
 3/22/21  High Tide Inc.                    40FR12B     3/19/21  155:68M                                    EdgarAgents LLC/FA
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