High Tide Expands into German Medical Cannabis Market with €4.8M Acquisition of Purecan Stake

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 that it is entering the fast growing German medical cannabis market by signing a definitive agreement (the “Acquisition Agreement”) pursuant to which the Company will acquire 51% of Purecan GmbH (“Purecan”), for approximately €4.8Million (the “Transaction”), and will have a future option to acquire the remaining interest in Purecan.