CALGARY, Alberta--(BUSINESS WIRE)--High Tide Inc. (“High Tide” or the “Company”) (Nasdaq: HITI) (TSXV: HITI) (FSE: 2LYA), a leading retail-focused cannabis company with bricks-and-mortar as well as global e-commerce assets, is pleased to announce that its Colorado-based subsidiary, NuLeaf Naturals (“NuLeaf”), has had its Full Spectrum Hemp Multicannabinoid oil and plant-based softgels with delta-9 tetrahydrocannabinol (“Delta 9”), cannabichromene (“CBC”), cannabidiol (“CBD”), cannabigerol (“CBG”) and cannabinol (“CBN”) listed for sale in Ontario. This listing comes after NuLeaf received approval from the Ontario Cannabis Store (“OCS”) to list these additional products in the OCS’s Fall Product call of 2022. The oil will be available in 1800 ml containers at a concentration of 12 mg for each of the listed five cannabinoids, while the plant-based softgels will be available in packages of 120, each softgel containing 3 mg of each of the five listed cannabinoids. “I am thrilled to finally share that the highly anticipated NuLeaf Naturals Multicannabinoid products are now available for all licensed cannabis retailers to stock in Ontario, Canada’s largest province, and should be available to consumers in the coming days at our Canna Cabana store network and through other licensed cannabis retailers. For some time now Canadian CBD customers have been reaching out to our team in the US asking when these products will become available north of the border; well, that wait is now over. While we are starting in Ontario, we look forward to launching these trail-blazing Multicannabinoid product lines in other Canadian provinces in the near future. I am pleased to announce that as of today NuLeaf has become High Tide’s first U.S.-based CBD subsidiary to have its products available for order in Canada through the OCS,” said Raj Grover, President and Chief Executive Officer of High Tide. “Since its founding in 2014, NuLeaf has been committed to creating the world’s highest quality cannabinoid products in their most pure and potent form. These Multicannabinoid oils and softgels contain a unique combination of five cannabinoids that is unparalleled in Canada. This one-of-a-kind product formulation sets NuLeaf apart from its competition and will help us continue to chip away at the illicit market share of CBD sales in Ontario and other Canadian provinces as these product launches continue.” added Mr. Grover. About NuLeaf Naturals Founded in 2014 in Denver, Colorado, NuLeaf Naturals is one of America’s leading cannabinoid companies. Since inception, NuLeaf has been committed to creating the world’s highest quality cannabinoid products in their most pure and potent form. NuLeaf’s products are produced at a cGMP-certified facility enabling them to manufacture groundbreaking cannabinoid formulations while reaching beyond the highest levels of regulatory compliance. Their cannabinoid products are sold direct-to-consumer from their website and are also available at bricks-and-mortar stores across the U.S. NuLeaf is committed to creating safe, consistent, and effective products and has proudly received over 25,000 verified 5-star customer reviews through its e-commerce platform. For more information about NuLeaf, please visit www.nuleafnaturals.com. ABOUT HIGH TIDE High Tide is a leading retail-focused cannabis company with bricks-and-mortar as well as global e-commerce assets. The Company is the largest non-franchised recreational cannabis retail chain in Canada as measure by revenue, with 140 current locations spanning British Columbia, Alberta, Saskatchewan, Manitoba and Ontario. The Company is also North America’s first cannabis discount club retailer, under the Canna Cabana banner, which is the single-largest cannabis retail brand in Canada, with additional locations under development across the country. High Tide’s portfolio also includes retail kiosks and smart locker technology – Fastendr™. High Tide has been serving consumers for over a decade through its established e-commerce platforms, including Grasscity.com, Smokecartel.com, Dailyhighclub.com, and Dankstop.com and more recently in the hemp-derived CBD space through Nuleafnaturals.com, FABCBD.com, BlessedCBD.co.uk, BlessedCBD.de, and Amazon United Kingdom, as well as its wholesale distribution division under Valiant Distribution, including the licensed entertainment product manufacturer Famous Brandz. High Tide was featured in the annual Report on Business Magazine’s ranking of Canada’s Top Growing Companies in both 2021 and 2022 and was named as one of the top 10 performing diversified industries stocks in the 2022 TSX Venture 50™. High Tide’s strategy as a parent company is to extend and strengthen its integrated value chain while providing a complete customer experience and maximizing shareholder value. For more information about High Tide, please visit www.hightideinc.com and its profile pages on SEDAR at www.sedar.com and EDGAR at www.sec.gov. Neither the TSX Venture Exchange (the “TSXV”) nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release. CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. These statements relate to future events or future performance. The use of any of the words “could”, “intend”, “expect”, “believe”, “will”, “projected”, “estimated” and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Company’s current belief or assumptions as to the outcome and timing of such future events. The forward-looking information and forward-looking statements contained herein include, but are not limited to, statements regarding: the Company’s business objectives and milestones and the anticipated timing of, and costs in connection with, the execution or achievement of such objectives and milestones (including, without limitation, proposed acquisitions); the Company’s future growth prospects and intentions to pursue one or more viable business opportunities; the development of the Company’s business and future activities following the date hereof; expectations relating to market size and anticipated growth in the jurisdictions within which the Company and NuLeaf may from time to time operate or contemplate future operations; expectations with respect to economic, business, regulatory and/or competitive factors related to the Company and NuLeaf or the cannabis industry generally; the market for the Company and NuLeaf’s current and proposed product offerings, as well as the Company and NuLeaf’s ability to capture market share; the Company’s strategic investments and
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