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High Tide Closes Acquisition of Northern Helm, Adding Four Retail Cannabis Stores in Ontario

Newswire.ca - Thu Jul 30, 12:41PM CDT

CALGARY, AB, July 30, 2026 /CNW/ -- High Tide Inc. ("High Tide" or the "Company") (Nasdaq: HITI) (TSXV: HITI) (FSE: 2LYA), the high-impact, retail-forward enterprise built to deliver real-world value across every component of cannabis, announced today, further to its press release dated June 15, 2026, that it has completed the acquisition contemplated by the share purchase agreement dated June 12, 2026 (the "Acquisition Agreement") pursuant to which High Tide acquired 100% of the equity interest of J. Supply Holdings Inc., operating as Northern Helm ("Northern Helm"), resulting in High Tide's acquisition of four retail cannabis stores operated by Northern Helm in Ontario (the "Stores") for $7.77 Million (the "Transaction"). The Stores are located at 2377 Highway 2 in Bowmanville, 225 Gore Road in Kingston, 1414 King St. E in Courtice, and 199 Wentworth St W in Oshawa. With the completion of the Transaction, High Tide now operates 228 cannabis retail store locations across Canada, including 103 in the province of Ontario.

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