High Tide Acquires Queen of Bud Brand

March 15, 2024

High Tide Inc. has entered into a definitive agreement to acquire all intellectual property and related assets of the Canadian cannabis brand Queen of Bud for CA$1,000,000 (CA$100,000 cash and the remainder in High Tide common shares). Queen of Bud's founder Ashley Newman will remain involved as Global Brand Ambassador as High Tide integrates the brand into its in-house portfolio to expand its consumer product and ancillary offerings domestically and internationally.

Targets
Queen of Bud
Sellers
Queen of Bud (founder Ashley Newman)
Location
Alberta, Canada
Transaction Type
Buyout

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