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.
- Buyers
- High Tide Inc.
- Targets
- Queen of Bud
- Sellers
- Queen of Bud (founder Ashley Newman)
- Industry
- Consumer Products
- Location
- Alberta, Canada
- Transaction Type
- Buyout
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