“We were the first Canadian cannabis retailer to pursue this prestigious listing on Nasdaq and we believe it will allow us to greatly expand our shareholder base, enhance shareholder value and accelerate our already aggressive M&A initiatives in Canada, Europe, and the United States,” said Raj Grover, President and Chief Executive Officer of High Tide. “We are currently in several discussions with potential acquisition targets in these jurisdictions and look forward to updating the market soon,” added Mr. Grover. The listing of the Company’s common shares on Nasdaq remains subject to the approval of Nasdaq and the satisfaction of all applicable listing and regulatory requirements, including the effectiveness of Form 40-F. High Tide’s common shares will continue to trade on the OTCQB under the ticker symbol HITIF until Nasdaq approval and up listing. High Tide’s common shares will continue to trade on the TSX Venture Exchange (“TSXV“) under the ticker symbol “HITI” post-Nasdaq up listing. There can be no assurance, however, that Nasdaq approval will be received.

Sean Hocking, Cannabis Law Report, 03/22/2021 14:35:00

Open article: https://cannabislaw.report/high-tide-announces-filing-of-form-40-f-with-sec-fulfilling-a-significant-milestone-for-the-nasdaq-listing/