WebJan 26, 2024 · Providing High Tide with access to Smoke Cartel’s database of over 1 million email and social contacts. In 2024, Smoke Cartel expects to report approximately US$7.4 Million in revenues 2 and over 16% in EBITDA margin 3, with approximately US$1.0 Million1 in cash currently on hand. WebHigh Tide has entered into a definitive agreement (the "Acquisition Agreement") pursuant to which High Tide will acquire all of the issued and outstanding shares of Smoke Cartel ("SC Shares") for US$8.0 Million (the "Transaction"), implying an approximate value of US$0.309 per SC Share, representing a premium of 33% to Smoke Cartel's last closing share price of …
High Tide Acquires Leading E-commerce Retailer Smoke Cartel
WebMar 24, 2024 · High Tide Inc. (“ High Tide ” or the “ Company “), a retail-focused cannabis corporation enhanced by the manufacturing and distribution of consumption accessories, is pleased to announce that it has completed the acquisition (the “ Acquisition “) of Smoke Cartel Inc. (“ Smoke Cartel “) and now operates both the largest and second largest … WebSmoke Cartel (OTCQB: SMKC) is an online cannabis shop with free shipping, instant returns, and customer support. People can shop for glass water bongs, dab rigs, hand pipes, vaporizers, and other smoking accessories.On January 25th, 2024, Smoke Cartel was acquired by High Tide. rayleigh through the looking glass
Canadian marijuana retailer High Tide buys US online store Smoke Cartel …
WebFeb 4, 2024 · High Tide Inc.’s $8 Million Acquisition Of Smoke Cartel February 4, 2024 Ambrogio Visconti Fox Rothschild LLP advised Smoke Cartel, Inc. on the deal. Smoke Cartel, Inc., a leading e-commerce marketplace for cannabis consumption accessories and hemp derived CBD products,… This content is for members only. Login to Read More Join Now … WebProviding High Tide with access to Smoke Cartel's database of over 1 million email and social contacts. In 2024, Smoke Cartel expects to report approximately US$7.4 Million in revenues 2 and over 16% in EBITDA margin 3 , with approximately US$1.0 Million 1 in cash currently on hand. WebMar 24, 2024 · Now that the transaction has closed, High Tide will move quickly to take advantage of Smoke Cartel's proprietary and licensable drop-shipping technology to … rayleigh theory