High Tide Announces Expansion into Ontario with Cannabis Retail Lottery Winner
CALGARY, Feb. 4, 2019 /CNW/ – High Tide Inc. (“High Tide” or the “Company”) (CSE:HITI) (Frankfurt:2LY) today announced that the Company has entered into a letter of intent (“LOI”) with a winner of one of the 25 opportunities to apply for a licence to operate a cannabis retail store (the “Winner”) as a result of the Alcohol and Gaming Commission of Ontario’s (the “AGCO”) Expression of Interest Application Lottery conducted on January 11, 2019 (the “Lottery”). The terms of the LOI include, but are not limited to, the acquisition of a minority interest in the Winner and the option to acquire a greater interest in the future. High Tide is greatly looking forward to leveraging its decade of relevant experience
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