High Tide to Acquire Mississauga Retail Cannabis Store For $600K
Portfolio Pulse from Benzinga Newsdesk
High Tide Inc. (NASDAQ:HITI) announced the acquisition of a retail cannabis store in Mississauga, Ontario for $600,000. The store, currently operating as Cantopia, is located in a busy retail plaza.
June 26, 2024 | 10:01 am
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High Tide Inc. (NASDAQ:HITI) is acquiring a retail cannabis store in Mississauga, Ontario for $600,000. This acquisition is expected to enhance High Tide's retail footprint in a bustling area.
The acquisition of a retail cannabis store in a busy retail plaza is likely to enhance High Tide's market presence and revenue potential. The strategic location near other popular businesses could drive higher foot traffic and sales.
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