Merger of cannabis retailers High Tide, Meta to create largest legal pot shop network in Canada

  • The merger will create 63-store network across Ontario, Alberta, Manitoba and Saskatchewan.
  • It will become the single largest Canadian cannabis retailer with about $133 million in annualized revenue.
  • The merger likely to deliver annual cost and operational synergies between $8 million and $9 million within 12 months of closing of the deal.
  • High Tide will be listed on the TSX Venture Exchange after the merger is complete.

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