High Tide Acquires Bud Room Inc. to Own Fastendr Retail Kiosk and Smart Locker Technology

January 5, 2022

High Tide Inc. entered into a definitive agreement to acquire 100% of the equity of Bud Room Inc. for CAD$3.6 million, including assignments of Bud Room’s shareholder loans. The deal also transfers ownership of Fastendr’s customized automated retail kiosk and smart locker technology and Bud Room’s Ottawa cannabis store location.

Buyers
High Tide Inc.
Targets
Bud Room Inc.
Industry
Retail
Location
Ontario, Canada
Transaction Type
Buyout

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