High Tide Acquires Boreal Cannabis Company (Two Alberta Retail Stores)
April 1, 2022
High Tide Inc. agreed to acquire 100% of 2080791 Alberta Ltd. (operating as Boreal Cannabis Company) for CAD$2.2 million plus inventory and cash, adding two retail cannabis stores in Slave Lake and St. Paul, Alberta. The acquisition expands High Tide’s brick-and-mortar footprint in northern Alberta and is expected to be accretive to its retail network.
- Buyers
- High Tide Inc.
- Targets
- Boreal Cannabis Company (2080791 Alberta Ltd.)
- Industry
- Retail
- Location
- Alberta, Canada
- Transaction Type
- Buyout
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