High Tide Inc., a retail-focused cannabis corporation enhanced by the manufacturing and distribution of consumption accessories, today announced that as per the recently disclosed listing of holdings available on its website, the Company’s shares have now been included in the ETFMG Alternative Harvest ETF.
“We are very pleased to have our shares included in the ETFMG Alternative Harvest ETF which is the first U.S. and world’s largest ETF to target the global cannabis industry,” said Raj Grover, President and Chief Executive Officer of High Tide. “This is the third new ETF listing for High Tide in the three months since our shares began trading on NASDAQ and once again demonstrates that High Tide’s commitment to operational execution is paying off,” added Mr. Grover.
Grant of Options
The Company also announced that its Board of Directors has approved a grant of 66,666 options to officers, employees, and consultants of the Company pursuant to the Company’s option plan. Each option entitles the holder to acquire one common share of the Company upon vesting.
About High Tide Inc.
High Tide is a retail-focused cannabis company enhanced by the manufacturing and distribution of consumption accessories. The Company is the most profitable Canadian retailer of recreational cannabis as measured by Adjusted EBITDA1, with 91 current locations spanning Ontario, Alberta, Manitoba and Saskatchewan. High Tide’s retail segment features the Canna Cabana, Meta Cannabis Co., Meta Cannabis Supply Co. and NewLeaf Cannabis banners, with additional locations under development across the country. For more information about High Tide Inc., please visit www.hightideinc.com.