High Tide closes acquisition of Northern Helm for $7.77 million

• High Tide completed its acquisition of Northern Helm owner J. Supply Holdings, adding four cannabis stores in Ontario for $7.77 million.
• Consideration included $3.06 million of assumed debt at 2%, cash of $1.88 million, shares worth $2.83 million.
• Share component comprised 921,486 common shares priced at $3.07 each, subject to a four-month hold.
• The acquired stores generated annualized revenue of $8.5 million, annualized adjusted EBITDA of $1.7 million for the three months ended March 31, 2026.
• High Tide now operates 228 cannabis retail locations across Canada, including 103 in Ontario.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. High Tide Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202607301341PR_NEWS_USPR_____CA16201) on July 30, 2026, and is solely responsible for the information contained therein.