CALGARY,
AB, July 10, 2024 /CNW/ - 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,
announced today the voting results from its annual general and
special meeting of shareholders of the Company held on Tuesday, July 9, 2024 (the "Meeting").
Each nominee listed in the Company's management information
circular dated May 27, 2024, was
elected as a director of the Company.
Each of the following five nominees proposed by management was
elected as a director of the Company. The results of such vote were
as follows:
Nominee
|
Votes
For:
|
Votes
Withheld:
|
Number
|
%
|
Number
|
%
|
Harkirat ("Raj")
Grover
|
12,024,728
|
98.48
|
185,538
|
1.52
|
Nitin
Kaushal
|
11,873,159
|
97.24
|
337,112
|
2.76
|
Arthur Kwan
|
11,807,143
|
96.70
|
403,128
|
3.30
|
Christian
Sinclair
|
12,033,188
|
98.55
|
177,083
|
1.45
|
Andrea
Elliott
|
12,162,395
|
99.61
|
47,876
|
0.39
|
In addition, at the Meeting, shareholders approved (i) fixing
the board of directors (the "Board") at five; and (ii)
reappointing Ernst & Young LLP as the Company's auditor for the
ensuing year and authorizing the board to fix their compensation.
The results of such votes were as follows:
Resolution
|
Votes
For:
|
Votes
Withheld:
|
Votes
Against:
|
Number
|
%
|
Number
|
%
|
Number
|
%
|
Fixing the Board at
Five
|
12,142,902
|
99.52
|
0
|
0
|
58,164
|
0.48
|
Reappointment of
Ernst
& Young LLP as the
Auditors
|
12,191,996
|
99.93
|
9,075
|
0.07
|
0
|
0
|
ABOUT HIGH TIDE
High Tide, Inc. is the leading community-grown, retail-forward
cannabis enterprise engineered to unleash the full value of the
world's most powerful plant and is the second-largest cannabis
retailer globally by store count1. High Tide (HITI) is
uniquely-built around the cannabis consumer, with
wholly-diversified and fully-integrated operations across all
components of cannabis, including:
__________________________________
1 As reported by ATB Capital Markets based on store
counts as of February 8, 2024
|
Bricks & Mortar Retail: Canna Cabana™ is the largest
cannabis retail chain in Canada,
with 176 current locations spanning British Columbia, Alberta, Saskatchewan, Manitoba and Ontario and growing. In 2021, Canna Cabana
became the first cannabis discount club retailer in the world.
Retail Innovation: Fastendr™ is a unique and fully
automated technology that employs retail kiosks to facilitate a
better buying experience through browsing, ordering and pickup.
E-commerce Platforms: High Tide operates a suite of
leading accessory sites across the world, including Grasscity.com,
Smokecartel.com, Dailyhighclub.com, and Dankstop.com.
Brands: High Tide's industry-leading and consumer-facing
brand roster includes Queen of Bud, Cabana Cannabis Co, Daily High
Club, Vodka Glass, Puff Puff Pass, Dopezilla, Atomik, Silipipe,
Evolution and more.
CBD: High Tide continues to cultivate the possibilities
of consumer CBD through Nuleafnaturals.com, FABCBD.com,
blessedcbd.de and blessedcbd.co.uk.
Wholesale Distribution: High Tide keeps that cannabis
category stocked with wholesale solutions via Valiant™.
Licensing: High Tide continues to push cannabis culture
forward through fresh partnerships and license agreements under the
Famous Brandz™ name.
High Tide consistently moves ahead of the currents, having been
named one of Canada's Top Growing
Companies in 2021, 2022 and 2023 by the Globe and Mail's Report on
Business Magazine, and was named as one of the top 10 performing
diversified industries stocks in both the 2022 and 2024 TSX Venture
50. High Tide was also ranked number one in the retail category on
the Financial Times list of Americas' Fastest Growing Companies for
2023. To discover the full impact of High Tide, visit
www.hightideinc.com. For investment performance, don't miss the
High Tide profile pages on SEDAR+ and EDGAR.
Neither the TSX Venture Exchange 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.
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SOURCE High Tide Inc.