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High Tide gets C$40 million credit approval from Bank of Montreal

Mon, 15 Jun 2026 06:15:40 -0400

High Tide Inc. (NASDAQ: HITI) announced it secured credit approval for C$40 million in senior secured credit facilities from Bank of Montreal. The cannabis retailer said closing remains subject to customary conditions.

The loan agreement includes two facilities. A C$25 million revolving facility with three-year maturity will refinance the company's existing connectFirst loan and provide working capital. High Tide expects the connectFirst balance to be slightly over C$6 million at closing, leaving approximately C$19 million available on the revolving facility.

A C$15 million delayed draw term loan will refinance the company's existing C$15 million second-lien debentures. The new facilities will replace High

High Tide gets C$40 million credit approval from Bank of Montreal

Mon, 15 Jun 2026 06:15:40 -0400

A C$15 million delayed draw term loan will refinance the company's existing C$15 million second-lien debentures. The new facilities will replace High

High Tide Secures Credit Approval for C$40MM of Senior Secured Credit Facilities

Mon, 15 Jun 2026 06:15:00 -0400

CALGARY, AB, June 15, 2026 /PRNewswire/ - High Tide Inc. ("High Tide" or the "Company") (Nasdaq: HITI) (TSXV: HITI) (FSE: 2LYA), the high-impact, retail-forward enterprise built to deliver real-world value across every component of cannabis, today announced that, further to its press release dated May 5, 2026, it has secured credit approval for a loan agreement (the "Loan Agreement") with Bank of Montreal ("BMO") in respect of new senior secured credit facilities in the principal amount of C$40 million (the "New Credit Facilities"). Closing of the New Credit Facilities remains subject

High Tide Secures Credit Approval for C$40MM of Senior Secured Credit Facilities

Mon, 15 Jun 2026 06:15:00 -0400

High Tide Secures Credit Approval for C$40MM of Senior Secured Credit Facilities

Mon, 15 Jun 2026 06:15:00 -0400

High Tide Secures Credit Approval for C$40MM of Senior Secured Credit Facilities

Mon, 15 Jun 2026 06:15:00 -0400

High Tide Secures Credit Approval for C$40MM of Senior Secured Credit Facilities

Mon, 15 Jun 2026 06:15:00 -0400

High Tide Secures Credit Approval for C$40MM of Senior Secured Credit Facilities

Mon, 15 Jun 2026 06:15:00 -0400

High Tide Secures Credit Approval for C$40MM of Senior Secured Credit Facilities

Mon, 15 Jun 2026 06:15:00 -0400

High Tide Secures Credit Approval for C$40MM of Senior Secured Credit Facilities

Mon, 15 Jun 2026 06:15:00 -0400

High Tide to acquire four Ontario cannabis stores for $7.74 million

Mon, 15 Jun 2026 06:00:31 -0400

High Tide Inc. (NASDAQ: HITI) (TSXV: HITI) announced it entered into a definitive agreement to acquire 100% of J. Supply Holdings Inc., operating as Northern Helm, for $7.74 million. The transaction includes four retail cannabis stores in Ontario located in Bowmanville, Kingston, Courtice, and Oshawa.

The acquisition will bring High Tide's total store count to 228 Canna Cabana locations across Canada and 103 in Ontario. The purchase price represents 4.5 times the annualized adjusted EBITDA of the stores for the three months ended March 31, 2026.

The consideration structure includes approximately $3.2 million in assumed debt with a 2% interest rate, $1.83

High Tide to acquire four Ontario cannabis stores for $7.74 million

Mon, 15 Jun 2026 06:00:31 -0400

The consideration structure includes approximately $3.2 million in assumed debt with a 2% interest rate, $1.83

High Tide to acquire four Ontario cannabis stores for $7.74 million

Mon, 15 Jun 2026 06:00:31 -0400

The consideration structure includes approximately $3.2 million in assumed debt with a 2% interest rate, $1.83

High Tide to acquire four Ontario cannabis stores for $7.74 million

Mon, 15 Jun 2026 06:00:31 -0400

The consideration structure includes approximately $3.2 million in assumed debt with a 2% interest rate, $1.83

High Tide to acquire four Ontario cannabis stores for $7.74 million

Mon, 15 Jun 2026 06:00:31 -0400

The consideration structure includes approximately $3.2 million in assumed debt with a 2% interest rate, $1.83

High Tide to Acquire Northern Helm, Adding Four Established Retail Cannabis Stores in Ontario