High Tide Inc. (CSE: HITI) has been chosen by Aurora to manage the company's new experiential West Edmonton store in Alberta.
High Tide (CSE:HITI) an Alberta-based, retail-focused cannabis corporation enhanced by the manufacturing and wholesale distribution of smoking accessories and cannabis lifestyle products, today announced that it has been selected by Aurora Cannabis Inc. ("Aurora") to manage its flagship retail store at West Edmonton Mall ("WEM") opening to the public on November 27th in Aurora's home city of Edmonton, Alberta.
The Company has signed an agreement with an affiliate of Aurora to provide services including, but not limited to: inventory, marketing, operations, sales, staffing, training, and security, in accordance with both Health Canada and Alberta Gaming, Liquor and Cannabis requirements, over a base term of three years with an option to extend the term, in exchange for service provider fees (the "Agreement").
We are excited to be a part of the growing cannabis retail environment with new store openings changing the industry dynamic.Raj Grover, President and Chief Executive Officer of High Tide.
"We are committed to enabling an unparalleled retail experience in the stores that we support, ensuring best in class execution built on High Tide's customer knowledge, operational know-how and overall retail management expertise," Grover concluded.
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