![]() In connection with the Closing, Harrison Baum, Chief Executive Officer of Daily High Club, has joined the High Tide team as Director of Digital Marketing to oversee all social media initiatives for High Tide globally. Pursuant to the terms of the acquisition, the total consideration to Daily High Club shareholders for all the issued and outstanding securities of Daily High Club is: (i) 839,820 common shares of High Tide (“ High Tide Shares”) valued at US$6.75 Million (the “ Share Consideration”) on the basis of a deemed price per High Tide Share of CAD$9.92, being equal to the volume weighted average price per High Tide Share on the TSX Venture Exchange for the 10 consecutive trading days preceding the closing of the Transaction (“ Closing”) and (ii) US$3.25 million in cash (collectively with the Share Consideration, the “ Consideration”). subsidiary of the Company (“ Subco”), has acquired 100% of the issued and outstanding shares of Daily High Club. The Acquisition was completed pursuant to the terms of the merger agreement (the “ Acquisition Agreement”) previously announced by the Company on June 25, 2021, pursuant to which High Tide USA Inc., a Nevada corporation and a wholly-owned U.S. (“ High Tide” or the “ Company”) (TSXV: HITI) (Nasdaq: HITI) (FRA: 2LYA), a retail-focused cannabis corporation enhanced by the manufacturing and distribution of consumption accessories, is pleased to announce that it has completed the acquisition of DHC Supply LLC (the “ Acquisition”) operating as Daily High Club (“ Daily High Club”). exceeds CAD$50 million.Ĭalgary, AB, J/ CNW / − High Tide Inc. Pro forma for the acquisition, High Tide’s revenue run rate in the U.S.Transaction is immediately accretive as Daily High Club generated US$9.4 million in net revenue and US$1.2 million in EBITDA during the 12 months ended April 2021.With over one million accessories sold under the Daily High Club name, High Tide adds a company to its portfolio with proven brand equity.High Tide bolsters its online presence, by gaining access to Daily High Club’s almost 800,000 followers on Instagram and over 75,000 followers on TikTok.High Tide gains access to Daily High Club’s over 15,000 subscription box members who are ideal customers for High Tide to potentially launch cannabis subscription boxes in the event of U.S. ![]() High Tide adds another top e-commerce platform to its portfolio which will now include 3 out of the top 5 most popular e-commerce platforms for consumption accessories globally totaling 91 million site visits in 2020, including 23 million associated with Daily High Club alone.E-commerce Marketplace for Consumption Accessories ![]() Plus, you can access a list of library events on our homepage through the City of Abilene’s events calendar and on our Facebook page.Acquisition Cements High Tide’s Position as Leader Within U.S. Library staff would encourage your to view our events calendar regularly and take advantage of all the free programs we have to offer for all ages. ![]() You will then see a chronological list of events by day.Īlthough the mobile-friendly calendar link is not available on the homepage a link is included in our Events Tab menu option as another way of getting to this secondary calendar. When you choose the link, you’ll be asked to select a branch location of events you’d like to see, or you can choose the final option to view the events across all locations. However, we are able to provide you with a secondary link to a mobile-friendly version of our events calendar that can be viewed on your smartphones.įeel free to access the mobile-friendly calendar via the link above, and bookmark it on your mobile-devices for easy access in the future. The link provided on our homepage is to view our events calendar on a PC screen and is not able to be resized to a mobile-friendly view. If you have tried to access the Abilene Public Library’s event calendar, you might have noticed you have not been able to view library events from the primary link. Now that we have the Internet in the palm of our hands, thanks to the affordability, accessibility, and availability of smartphones, more of us are searching online via mobile devices. ![]()
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