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High Tide Inc(HITI-X)
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High Tide Applauds Repeal of 6% Fee on Manitoba Cannabis Sales

PR Newswire - Wed May 31, 5:00AM CDT

CALGARY, AB, May 31, 2023 /PRNewswire/ - High Tide Inc. ("High Tide" or the "Company") (Nasdaq: HITI) (TSXV: HITI) (FSE: 2LYA), Canada's largest non-franchised retail cannabis chain which owns 10 Canna Cabana stores in Manitoba, welcomes yesterday's passage of Bill 10 by the Manitoba legislature which will result in the repeal of Manitoba's 6% Social Responsibility Fee on legal cannabis sales retroactive to January 1st, 2022. This will return approximately $181 million in fees paid by legal cannabis retailers over the past two years while ensuring that at least an additional $11 million2 stays with retailers moving forward on an annualized basis. 


Provided Content: Content provided by PR Newswire. The Globe and Mail was not involved, and material was not reviewed prior to publication.