High Tide Enters JV With Positive Intent Events To Establish Solid Position In Canada's Nascent Cannabis Hospitality Sector
Portfolio Pulse from Benzinga Newsdesk
High Tide has entered a joint venture with Positive Intent Events to establish a strong presence in Canada's emerging cannabis hospitality sector. This move comes after Alberta's decision to permit licensed cannabis pop-up stores at adults-only festivals and events.
September 10, 2024 | 10:06 am
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POSITIVE IMPACT
High Tide's joint venture with Positive Intent Events positions the company to capitalize on Alberta's new regulations allowing cannabis pop-up stores at festivals. This strategic move could enhance High Tide's market presence in the cannabis hospitality sector.
The joint venture with Positive Intent Events allows High Tide to enter the cannabis hospitality sector, a new market opportunity following Alberta's regulatory changes. This could lead to increased revenue and market share for High Tide.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90