Friday, September 22, 2023
Cannabis News Daily
No Result
View All Result
  • Home
  • Cannabis News
  • Medical Marijuana
  • Legalization
  • Cannabis Business
  • Cannabis Laws
  • Cannabis Retail
No Result
View All Result
  • Home
  • Cannabis News
  • Medical Marijuana
  • Legalization
  • Cannabis Business
  • Cannabis Laws
  • Cannabis Retail
No Result
View All Result
Cannabis News Daily
No Result
View All Result
Home Cannabis Laws

High Tide Becomes The First Major Publicly Traded Cannabis Retailer To Trade On NASDAQ – Cannabis & Hemp

cannabisnews by cannabisnews
June 8, 2021
in Cannabis Laws
0
0
SHARES
1
VIEWS
Share on FacebookShare on Twitter



United States:

High Tide Becomes The First Major Publicly Traded Cannabis Retailer To Trade On NASDAQ

08 June 2021


Pryor Cashman LLP


To print this article, all you need is to be registered or login on Mondaq.com.

RELATED POSTS

North Carolina lawmakers took $530000 from marijuana and … – Washington Examiner

Get to know Drake University’s new law school professors – Times-Delphic

Pryor Cashman client High Tide Inc. became the first major
publicly traded cannabis retailer to trade on NASDAQ
yesterday. According to the press release, the listing
positions the company to attract larger M&A opportunities
throughout North America and globally.

Pryor Cashman advised High Tide on U.S. compliance matters
relating to the listing. The team was led by Jeffrey Johnson, chair
of the firm’s Cannabis practice, with assistance from partners
Eric Hellige and Samson Bechhofer.

Also, according to the company’s press release:

High Tide Inc. (“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 the Company’s common shares (the “Common
Shares”) will commence trading today on the Nasdaq Capital
Market (the “Nasdaq”) under the ticker symbol
“HITI”. The Company’s Nasdaq listing is expected to
increase access to investment in High Tide from retail and
institutional investors around the world. Furthermore, with access
to a much larger capital market, the Company expects to improve
liquidity for its Common Shares and, in turn, optimize its cost of
capital.

High Tide continues to retain its listing on the TSX Venture
Exchange (the “TSXV”) under the symbol “HITI”.
The ticker used for the Common Shares traded on the OTC Markets
quotation system under the current symbol “HITID” has
been seamlessly transferred to the new ticker symbol
“HITI”.

Furthermore, as of today, High Tide is the first major
publicly traded cannabis retailer to begin trading on the
Nasdaq.

“The listing of the Common Shares on the Nasdaq
represents a milestone in the retail cannabis industry and
demonstrates the realization of our efforts in turning High Tide
into a first-class cannabis retailer,” said Raj Grover,
President and Chief Executive Officer of High Tide. “High
Tide’s listing on the Nasdaq gives us access to one of the
world’s largest capital markets and is in alignment with our
long-term goals of enhancing shareholder value by increasing
liquidity, optimizing our cost of capital, while furthering High
Tide’s appeal to international and institutional
investors,” added Mr. Grover.

Learn more about the news in the resources below.

Resources

The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.

POPULAR ARTICLES ON: Cannabis & Hemp from United States

Merger Control Comparative Guide

Talwar Thakore & Associates

Merger Control Comparative Guide for the jurisdiction of India, check out our comparative guides section to compare across multiple countries

Trademarks Comparative Guide

Obhan & Associates

Trademarks Comparative Guide for the jurisdiction of India, check out our comparative guides section to compare across multiple countries



Source link

ShareTweetPin
cannabisnews

cannabisnews

Related Posts

North Carolina lawmakers took $530000 from marijuana and … – Washington Examiner

North Carolina lawmakers took $530000 from marijuana and … – Washington Examiner

by cannabisnews
September 2, 2023
0

North Carolina lawmakers took $530000 from marijuana and ...  Washington Examiner Source link

Get to know Drake University’s new law school professors – Times-Delphic

Get to know Drake University’s new law school professors – Times-Delphic

by cannabisnews
September 2, 2023
0

Get to know Drake University’s new law school professors  Times-Delphic Source link

'Game changer': Biden moves to reclassify marijuana under federal … – San Francisco Chronicle

'Game changer': Biden moves to reclassify marijuana under federal … – San Francisco Chronicle

by cannabisnews
September 2, 2023
0

'Game changer': Biden moves to reclassify marijuana under federal ...  San Francisco Chronicle Source link

New Poll Finds Most Ohio Voters Support Marijuana Legalization – Forbes

New Poll Finds Most Ohio Voters Support Marijuana Legalization – Forbes

by cannabisnews
September 1, 2023
0

New Poll Finds Most Ohio Voters Support Marijuana Legalization  Forbes Source link

Alternatives to Bankruptcy for Cannabis Companies (Part 2) | Husch … – JD Supra

Alternatives to Bankruptcy for Cannabis Companies (Part 2) | Husch … – JD Supra

by cannabisnews
September 1, 2023
0

Alternatives to Bankruptcy for Cannabis Companies (Part 2) | Husch ...  JD Supra Source link

Next Post
Hudson Valley School Placed on ‘Lockdown’ After Drugs Found

Hudson Valley School Placed on 'Lockdown' After Drugs Found

Jushi Opens Its 13th Pennsylvania Medical Cannabis Dispensary – New Cannabis Ventures

Jushi Opens Its 13th Pennsylvania Medical Cannabis Dispensary – New Cannabis Ventures

RECOMMENDED

Cannabis panel rejects Curaleaf's bid to continue selling … – New Jersey Monitor

Marijuana legalization | NC congressman introduces 'Stop Pot Act' to curb recreational weed use – WTVD-TV

September 4, 2023
Cannabis panel rejects Curaleaf's bid to continue selling … – New Jersey Monitor

Medical marijuana companies slam Hochul over NY's legal weed rollout mess: 'Abused authority' – New York Post

September 3, 2023
  • 22M Fans
  • 129 Followers
  • 194k Subscribers
  • 647 Followers
  • 23.8k Followers

MOST VIEWED

  • US Hemp and Cannabis Industry Leaders to Participate with Government at Event Celebrating New Legalization In Costa Rica

    US Hemp and Cannabis Industry Leaders to Participate with Government at Event Celebrating New Legalization In Costa Rica

    0 shares
    Share 0 Tweet 0
  • Oklahoma Cannabis Pioneer Joins Forces with Budding Cannabis Brand Ganja Goat Guru

    1 shares
    Share 0 Tweet 0
  • New Jersey Begins Accepting Recreational Cannabis License Applications: When Will Dispensaries Open?

    0 shares
    Share 0 Tweet 0
  • Federal Marijuana Legalization Bill May Receive House Floor Vote Next Week, Sources Say

    0 shares
    Share 0 Tweet 0
  • Legalizing recreational marijuana in Florida

    0 shares
    Share 0 Tweet 0

Recent News

Cannabis panel rejects Curaleaf's bid to continue selling … – New Jersey Monitor

Marijuana legalization | NC congressman introduces 'Stop Pot Act' to curb recreational weed use – WTVD-TV

September 4, 2023
Cannabis panel rejects Curaleaf's bid to continue selling … – New Jersey Monitor

Medical marijuana companies slam Hochul over NY's legal weed rollout mess: 'Abused authority' – New York Post

September 3, 2023
Cannabis panel rejects Curaleaf's bid to continue selling … – New Jersey Monitor

Flashpoint: Michigan marijuana businesses blooming, UAW contract … – WDIV ClickOnDetroit

September 3, 2023

CATEGORY

  • Cannabis Business
  • Cannabis Laws
  • Cannabis News
  • Cannabis Retail
  • Legalization
  • Medical Marijuana

Contact Us

  • Privacy & Policy
  • About Us
  • Contact Us

© 2021 Copyright Cannabis News Daily

No Result
View All Result
  • Home
  • Cannabis News
  • Medical Marijuana
  • Legalization
  • Cannabis Business
  • Cannabis Laws
  • Cannabis Retail

© 2021 Copyright Cannabis News Daily