High Tide (HITI) has entered into a definitive agreement under which wholly-owned subsidiary High Tide USA Inc. will acquire all of the issued and outstanding shares of DS Distribution Inc., operating as DankStop.com, for $3.85 million. High Tide is a retail-focused cannabis company bolstered by the manufacture and distribution of consumer accessories. By acquiring this leading online consumption accessories retailer, High Tide continues its fast expansion into the United States and gets closer to its goal of dominating the consumer accessories and merchandise e-commerce marketplace. High Tide will gain access to DankStop's over 200,000 email followers and further strengthen its online presence by accessing DankStop's nearly 335,000 Instagram followers.
https://www.tipranks.com/news/high-tide-acquires-dankstop-for-3-85m?utm_source=advfn.com&utm_medium=referral
High Tide (NASDAQ:HITI)
Historical Stock Chart
From Aug 2021 to Sep 2021 Click Here for more High Tide Charts.
High Tide (NASDAQ:HITI)
Historical Stock Chart
From Sep 2020 to Sep 2021 Click Here for more High Tide Charts.