High Tide to Acquire 80% of CBD Retailer for $20.6 Million

New Cannabis Ventures
By NCV NewswireMay 3, 2021, 6:38 am281 pts
High Tide Increases U.S. Presence Through Acquisition of Leading CBD E-Commerce Retailer FABCBD Acquisition boosts High Tide’s current U.S. revenue run rate by ~60% to over C$40 Million Highly accretive transaction for shareholders, as FABCBD generated 2020 revenue of US$10.8 Million and EBITDA of US$4.3…

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