<SEC-DOCUMENT>0001279569-22-001187.txt : 20220722
<SEC-HEADER>0001279569-22-001187.hdr.sgml : 20220722
<ACCEPTANCE-DATETIME>20220722150434
ACCESSION NUMBER:		0001279569-22-001187
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		3
CONFORMED PERIOD OF REPORT:	20220722
FILED AS OF DATE:		20220722
DATE AS OF CHANGE:		20220722

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			High Tide Inc.
		CENTRAL INDEX KEY:			0001847409
		STANDARD INDUSTRIAL CLASSIFICATION:	RETAIL-RETAIL STORES, NEC [5990]
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			Z4
		FISCAL YEAR END:			1031

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-40258
		FILM NUMBER:		221099764

	BUSINESS ADDRESS:	
		STREET 1:		#112, 11127 15TH STREET NE
		CITY:			CALGARY, AB
		STATE:			Z4
		ZIP:			T3K 2M4
		BUSINESS PHONE:		855-747-6420

	MAIL ADDRESS:	
		STREET 1:		#112, 11127 15TH STREET NE
		CITY:			CALGARY, AB
		STATE:			Z4
		ZIP:			T3K 2M4
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>hightide6k.htm
<DESCRIPTION>FORM 6-K
<TEXT>
<html>

<head>
    <title>High Tide Inc.: Form 6-K - Filed by newsfilecorp.com</title>
</head>

<body style="font-size:10pt; font-family:'Times New Roman';">
    <a name="page_1"></a>
    <p style="margin-bottom: 0pt; text-align: center; background-color: #ffffff;"></p>

<!-- Field: Rule-Page --><div style="margin-top: 12pt; margin-bottom: 3pt; width: 100%"><div style="font-size: 1pt; border-top: Black 4pt solid; border-bottom: Black 2pt solid">&nbsp;</div></div><!-- Field: /Rule-Page -->

<p style="margin-bottom: 0pt; text-align: center; background-color: #ffffff">&nbsp;</p>

<p style="margin-bottom: 0pt; text-align: center; background-color: #ffffff">&nbsp;</p>

<p style="margin-bottom: 0pt; text-align: center; background-color: #ffffff"><b><font size="5">UNITED STATES</font></b></p>
    <p style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; background-color: #ffffff;"><b><font size="5">SECURITIES AND EXCHANGE COMMISSION</font></b></p>
    <p style="margin-top: 0pt; text-align: center; background-color: #ffffff;"><b>Washington, D.C. 20549</b></p>

    <p style="text-align: center; background-color: #ffffff;"><b><font size="5">FORM 6-K</font></b></p>

    <p style="margin-bottom: 0pt; text-align: center; background-color: #ffffff;"><b>REPORT OF FOREIGN PRIVATE ISSUER</b></p>
    <p style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; background-color: #ffffff;"><b>PURSUANT TO RULE 13a-16 OR 15d-16</b></p>
    <p style="margin-top: 0pt; text-align: center; background-color: #ffffff;"><b>OF THE SECURITIES EXCHANGE ACT OF 1934</b></p>
    <p style="text-align: center; background-color: #ffffff;"><b>For the month of July 2022</b></p>
    <p style="text-align: center; background-color: #ffffff;"><b>Commission File Number: 001-40258</b></p>

    <p style="margin-bottom: 0pt; text-align: center; background-color: #ffffff;"><b><font size="5">HIGH TIDE INC.</font></b></p>
    <p style="margin-top: 0pt; text-align: center; background-color: #ffffff;"><b>(Registrant)</b></p>

    <p style="margin-bottom: 0pt; text-align: center; background-color: #ffffff;"><b>11127 - 15 Street N.E., Unit 112</b></p>
    <p style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; background-color: #ffffff;"><b>Calgary, Alberta</b></p>
    <p style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; background-color: #ffffff;"><b>Canada T3K 2M4 </b></p>
    <p style="margin-top: 0pt; text-align: center; background-color: #ffffff;"><b>(Address of Principal Executive Offices)</b></p>

    <p style="background-color: #ffffff; text-align: justify;">Indicate by check mark whether the Registrant files or will file annual reports under cover of Form 20-F or Form 40-F.</p>
    <p style="text-align: center; background-color: #ffffff;">Form 20-F&#160; &#9744;&#160; &#160; &#160; &#160; &#160; &#160; Form 40-F&#160; &#9746;</p>
    <p style="background-color: #ffffff; text-align: justify;">Indicate by check mark if the Registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):&#160; &#9744;</p>
    <p style="background-color: #ffffff; text-align: justify;">Indicate by check mark if the Registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):&#160; &#9744;</p>
    <p style="text-align: center; background-color: #ffffff;">&nbsp;</p>

<p style="text-align: center; background-color: #ffffff"></p>

<!-- Field: Rule-Page --><div style="margin-top: 3pt; margin-bottom: 12pt; width: 100%"><div style="font-size: 1pt; border-top: Black 2pt solid; border-bottom: Black 4pt solid">&nbsp;</div></div><!-- Field: /Rule-Page -->

<p style="text-indent: 28.35pt; text-align: justify; background-color: #ffffff">&nbsp;</p>

<p style="text-indent: 28.35pt; text-align: justify; background-color: #ffffff"></p>

<!-- Field: Page; Sequence: 1 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: 8pt Times New Roman, Times, Serif">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<p style="text-indent: 28.35pt; text-align: justify; background-color: #ffffff">&nbsp;</p>

<p style="text-indent: 28.35pt; text-align: justify; background-color: #ffffff">&nbsp;</p>

<p style="text-indent: 28.35pt; text-align: justify; background-color: #ffffff"></p>

<p style="text-align: center; background-color: #ffffff"><u><b>SIGNATURES</b></u></p>
    <p style="text-align: justify;">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.</p>
    <table style="width: 100%; border-collapse: collapse; font-size: 10pt;" cellspacing="0" cellpadding="0">
        <tr>
            <td style="width: 45.92%; vertical-align: middle; background-color: #ffffff;">
                <p>&#160;</p>
            </td>
            <td style="width: 0.92%; vertical-align: bottom; background-color: #ffffff;">
                <p>&#160;</p>
            </td>
            <td style="width: 3.92%; vertical-align: middle; background-color: #ffffff;">
                <p>&#160;</p>
            </td>
            <td style="vertical-align: bottom; background-color: #ffffff;">
                <p>&#160;</p>
            </td>
            <td style="width: 2.5%; vertical-align: middle; background-color: #ffffff;">
                <p>&#160;</p>
            </td>
            <td style="width: 0.92%; vertical-align: bottom; background-color: #ffffff;">
                <p>&#160;</p>
            </td>
            <td style="width: 44.92%; vertical-align: middle; background-color: #ffffff;">
                <p>&#160;</p>
            </td>
        </tr>
        <tr>
            <td style="vertical-align: top; background-color: #ffffff;">
                <p>&#160;</p>
            </td>
            <td style="vertical-align: bottom; background-color: #ffffff;">
                <p>&#160;</p>
            </td>
            <td style="vertical-align: bottom; background-color: #ffffff;">
                <p>&#160;</p>
            </td>
            <td style="vertical-align: bottom; background-color: #ffffff;">
                <p>&#160;</p>
            </td>
            <td style="vertical-align: bottom; background-color: #ffffff;" colspan="3">
                <p><b>HIGH TIDE INC.</b></p>
            </td>
        </tr>
        <tr>
            <td style="vertical-align: top; background-color: #ffffff;">
                <p>&#160;</p>
            </td>
            <td style="vertical-align: bottom; background-color: #ffffff;">
                <p>&#160;</p>
            </td>
            <td style="vertical-align: bottom; background-color: #ffffff;">
                <p>&#160;</p>
            </td>
            <td style="vertical-align: bottom; background-color: #ffffff;">
                <p>&#160;</p>
            </td>
            <td style="vertical-align: bottom; background-color: #ffffff;" colspan="3">
                <p>(Registrant)</p>
            </td>
        </tr>
        <tr>
            <td style="vertical-align: middle; background-color: #ffffff;">
                <p>&#160;</p>
            </td>
            <td style="vertical-align: middle; background-color: #ffffff;" colspan="2">
                <p>&#160;</p>
            </td>
            <td style="vertical-align: middle; background-color: #ffffff;" colspan="2">
                <p>&#160;</p>
            </td>
            <td style="vertical-align: middle; background-color: #ffffff;" colspan="2">
                <p>&#160;</p>
            </td>
        </tr>
        <tr>
            <td style="vertical-align: top; background-color: #ffffff;">
                <p>Date: July 22, 2022</p>
            </td>
            <td style="vertical-align: bottom; background-color: #ffffff;">
                <p>&#160;</p>
            </td>
            <td style="vertical-align: bottom; background-color: #ffffff;">
                <p>&#160;</p>
            </td>
            <td style="vertical-align: bottom; background-color: #ffffff;">
                <p>&#160;</p>
            </td>
            <td style="vertical-align: bottom; background-color: #ffffff;">
                <p>By</p>
            </td>
            <td style="vertical-align: bottom; background-color: #ffffff;">
                <p>&#160;</p>
            </td>
            <td style="vertical-align: bottom; background-color: #ffffff;">
                <p style="border-bottom: 0.75pt solid #000000;">/s/ Raj Grover</p>
            </td>
        </tr>
        <tr>
            <td style="vertical-align: top; background-color: #ffffff;">
                <p>&#160;</p>
            </td>
            <td style="vertical-align: bottom; background-color: #ffffff;">
                <p>&#160;</p>
            </td>
            <td style="vertical-align: bottom; background-color: #ffffff;">
                <p>&#160;</p>
            </td>
            <td style="vertical-align: bottom; background-color: #ffffff;">
                <p>&#160;</p>
            </td>
            <td style="vertical-align: bottom; background-color: #ffffff;">
                <p>&#160;</p>
            </td>
            <td style="vertical-align: bottom; background-color: #ffffff;">
                <p>&#160;</p>
            </td>
            <td style="vertical-align: bottom; background-color: #ffffff;">
                <p>Raj Grover</p>
            </td>
        </tr>
        <tr>
            <td style="vertical-align: top; background-color: #ffffff;">
                <p>&#160;</p>
            </td>
            <td style="vertical-align: bottom; background-color: #ffffff;">
                <p>&#160;</p>
            </td>
            <td style="vertical-align: bottom; background-color: #ffffff;">
                <p>&#160;</p>
            </td>
            <td style="vertical-align: bottom; background-color: #ffffff;">
                <p>&#160;</p>
            </td>
            <td style="vertical-align: bottom; background-color: #ffffff;">
                <p>&#160;</p>
            </td>
            <td style="vertical-align: bottom; background-color: #ffffff;">
                <p>&#160;</p>
            </td>
            <td style="vertical-align: bottom; background-color: #ffffff;">
                <p>President and Chief Executive Officer</p>
            </td>
        </tr>
        <tr>
            <td style="vertical-align: top; background-color: #ffffff;">
                <p>&#160;</p>
            </td>
            <td style="vertical-align: bottom; background-color: #ffffff;">
                <p>&#160;</p>
            </td>
            <td style="vertical-align: bottom; background-color: #ffffff;">
                <p>&#160;</p>
            </td>
            <td style="vertical-align: bottom; background-color: #ffffff;">
                <p>&#160;</p>
            </td>
            <td style="vertical-align: bottom; background-color: #ffffff;">
                <p>&#160;</p>
            </td>
            <td style="vertical-align: bottom; background-color: #ffffff;">
                <p>&#160;</p>
            </td>
            <td style="vertical-align: bottom; background-color: #ffffff;">
                <p>&#160;</p>
            </td>
        </tr>
    </table>




<p style="text-align: center"><u><b></b></u></p>

<!-- Field: Page; Sequence: 2 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: 8pt Times New Roman, Times, Serif">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<p style="text-align: center"><u><b></b></u></p>

<p style="text-align: center"></p>

<p style="text-align: center"><u><b>EXHIBIT INDEX</b></u></p>
    <table cellspacing="0" cellpadding="0" style="width: 100%; border-collapse: collapse; font-size: 10pt">
        <tr style="background-color: White">
            <td style="border-bottom: #000000 0.75pt solid; vertical-align: bottom; width: 7%"><font style="font-size: 8pt"><b>Exhibit</b></font></td>
            <td style="vertical-align: bottom; width: 5%"><font style="font-size: 8pt">&#160;</font></td>
            <td style="border-bottom: #000000 0.75pt solid; vertical-align: bottom"><font style="font-size: 8pt"><b>Description of Exhibit</b></font></td>
        </tr>
        <tr>
            <td style="vertical-align: middle">
                <p>&#160;</p>
            </td>
            <td style="vertical-align: middle;" colspan="2">
                <p>&#160;</p>
            </td>
        </tr>
        <tr style="background-color: rgb(204,238,255)">
            <td style="vertical-align: top">
                <p><a href="ex991.htm">99.1</a></p>
            </td>
            <td style="vertical-align: bottom">&#160;</td>
            <td style="vertical-align: top">
                <p><a href="ex991.htm">Press Release dated July 22, 2022 - High Tide Announces Closing Of $10 Million Bought Deal Equity Financing, Including Exercise In Full Of Over-Allotment Option</a></p>
            </td>
        </tr>
    </table>
</body>

</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>ex991.htm
<DESCRIPTION>NEWS RELEASE DATED JULY 22, 2022
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="text-align: right; margin: 0"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt"><B>&nbsp;&nbsp;Exhibit
99.1</B></FONT></P>

<P STYLE="margin: 0; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: bold 24pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0"><IMG SRC="logo.jpg" ALT=""></P>
<P STYLE="margin: 0; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt"><B></B></FONT></P>

<P STYLE="margin: 0; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt"><B></B></FONT></P>

<P STYLE="font: bold 24pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0">High Tide Announces Closing Of $10 Million Bought
Deal Equity Financing, Including Exercise In Full Of Over-Allotment Option</P>

<P STYLE="font: 15pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0"><I>/THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION
IN CANADA ONLY AND IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES./</I></P>

<P STYLE="font: 15pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0">CALGARY, AB, July 22, 2022 /CNW/ -&nbsp;High Tide
Inc. (&quot;<B>High Tide</B>&quot; or the &quot;<B>Company</B>&quot;) (Nasdaq: HITI) (TSXV: HITI) (FSE: 2LYA), a leading retail-focused
cannabis company with bricks-and-mortar as well as global e-commerce assets,&nbsp;is pleased to announce the closing of its previously
announced &quot;bought deal&quot; offering (the &quot;<B>Offering</B>&quot;) of units of the Company (the &quot;<B>Units</B>&quot;), including
the exercise in full of the underwriters' over-allotment option. The Offering was led by Echelon Wealth Partners Inc., together with ATB
Capital Markets Inc., Beacon Securities Limited, Roth Canada, Inc. and Eight Capital (collectively, the &quot;<B>Underwriters</B>&quot;).</P>

<P STYLE="font: 15pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0">In connection with the Offering, the Company issued
an aggregate of 4,956,960 Units at a price of $2.32 per Unit, for aggregate gross proceeds of $11,500,147.20. Each Unit is comprised of
one common share of the Company (each, a &quot;<B>Common Share</B>&quot;) and&nbsp;one Common Share purchase warrant (each whole warrant,
a &quot;<B>Warrant</B>&quot;). Each Warrant entitles the holder thereof to acquire one Common Share of the Company for a period of 60
months from closing of the Offering at an exercise price of $2.73 per Warrant.</P>

<P STYLE="font: 15pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0">The TSX Venture Exchange (&quot;<B>TSXV</B>&quot;)
has conditionally approved the listing of the Common Shares and the Common Shares issuable upon the exercise of the Warrants. Listing
will be subject to the Company fulfilling all the listing requirements of the TSXV.</P>

<P STYLE="font: 15pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0">The net proceeds of the Offering will be used for
constructing and opening new retail cannabis store locations, the repayment of debt and for general corporate and working capital purposes.</P>

<P STYLE="font: 15pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0">Garfinkle Biderman LLP acted as legal advisors to
the Company in connection with the Offering. Stikeman Elliott LLP acted as legal advisors to the Underwriters in connection with the Offering.</P>

<P STYLE="font: 15pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0">No securities regulatory authority has either approved
or disapproved of the contents of this news release. This news release shall not constitute an offer to sell or the solicitation of an
offer to buy, nor shall there be any sale of the securities, in the United States or any other jurisdiction in which such offer, solicitation
or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. The securities being
offered have not been, nor will they be, registered under the United States <I>Securities Act of 1933</I>, as amended, and such securities
may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons absent registration or an applicable
exemption from U.S. registration requirements and applicable U.S. state securities laws.</P>

<P STYLE="font: 15pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0"><B>RELATED PARTY TRANSACTION </B></P>

<P STYLE="font: 15pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0">Certain insiders of the Company (the &quot;<B>Participating
Insiders</B>&quot;) participated in the Offering and acquired an aggregate of 130,800 Units pursuant to the Offering. The participation
of the Participating Insiders in the Offering constitutes a &quot;related party transaction&quot;, as such term is defined in Multilateral
Instrument 61-101 &ndash; <I>Protection of Minority Shareholders in Special Transactions</I> (&quot;<B>MI 61-101</B>&quot;) and would
require the Company to receive minority shareholder approval for and obtain a formal valuation for the subject matter of, the transaction
in accordance with MI 61-101, prior to the completion of such transaction. However, in completing the Offering, the Company has relied
on exemptions from the formal valuation and minority shareholder approval requirements of MI 61-101, in each case on the basis that the
fair market value of the Participating Insiders' participation in the Offering does not exceed 25% of the market capitalization of the
Company, as determined in accordance with MI 61-101. The Company did not file a material change report more than 21 days before the closing
date of the Offering (the &quot;<B>Closing Date</B>&quot;) due to the limited time between the launch date of the Offering and the Closing
Date.</P>

<P STYLE="font: 15pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0"><B>ABOUT HIGH TIDE</B></P>

<P STYLE="font: 15pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0">High Tide is a leading retail-focused cannabis company
with bricks-and-mortar as well as global e-commerce assets. The Company is the largest Canadian retailer of recreational cannabis as measured
by revenue, with 128 current locations spanning Ontario, Alberta, British Columbia, Manitoba, and Saskatchewan. The Company is also North
America's first cannabis discount club retailer, under the Canna Cabana banner, which is the single-largest cannabis retail brand in Canada
with additional locations under development across the country. High Tide's portfolio also includes retail kiosk and smart locker technology
&ndash; Fastendr&trade;. High Tide has been serving consumers for over a decade through its established e-commerce platforms including
Grasscity.com, Smokecartel.com, Dailyhighclub.com, and Dankstop.com and more recently in the hemp-derived CBD space through Nuleafnaturals.com,
FABCBD.com, BlessedCBD.co.uk,, BlessedCBD.de, and Amazon UK, as well as its wholesale distribution division under Valiant Distribution,
including the licensed entertainment product manufacturer Famous Brandz. High Tide was featured in the third annual Report on Business
Magazine's ranking of Canada's Top Growing Companies in 2021 and was named as one of the top 10 performing diversified industries stocks
in the 2022 TSX Venture 50&trade;. High Tide's strategy as a parent company is to extend and strengthen its integrated value chain, while
providing a complete customer experience and maximizing shareholder value.</P>

<P STYLE="font: 15pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0">For more information about High Tide Inc., please
visit www.hightideinc.com, its profile page on SEDAR at www.sedar.com, and its profile page on EDGAR at www.sec.gov.</P>

<P STYLE="font: 15pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0"><I>Neither the TSXV nor its Regulation Services Provider
(as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.</I></P>

<P STYLE="font: 15pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0"><B>FORWARD-LOOKING INFORMATION</B></P>

<P STYLE="font: 15pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0"><I>Certain information in this news release constitutes
forward-looking statements under applicable securities laws. Any statements that are contained in this news release that are not statements
of historical fact may be deemed to be forward-looking statements. Forward-looking statements are often identified by terms such as &quot;may&quot;,
&quot;should&quot;, &quot;anticipate&quot;, &quot;expect&quot;, &quot;potential&quot;, &quot;believe&quot;, &quot;intend&quot; or the
negative of these terms and similar expressions. Forward-looking statements in this news release include statements relating to: the anticipated
use of proceeds from the Offering; the receipt of regulatory approvals, including the approval of the TSXV; the Company's business objectives
and milestones and the anticipated timing of, and costs in connection with, the execution or achievement of such objectives and milestones;
the development of the Company's business and future activities following the date hereof; the performance of the Company's business and
the operations and activities of the Company; the Company adding the number of additional cannabis retail store locations the Company
proposes to add to the Company's business; the Company will complete the development of its cannabis retail stores; and High Tide's plans
to extend and strengthen its integrated value chain, while providing a complete customer experience and maximizing shareholder value.</I></P>

<P STYLE="font: 15pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0"><I>Forward-looking information in this news release
are based on certain assumptions and expected future events, namely: that High Tide will obtain all requisite approvals on the terms and
within the timelines anticipated by High Tide; the use of proceeds from the Offering will be utilized as outlined herein; High Tide's
financial condition and development plans do not change as a result of unforeseen events; there will continue to be a demand, and market
opportunity, for High Tide's product offerings; current and future economic conditions will neither affect the business and operations
of High Tide nor High Tide's ability to capitalize on anticipated business opportunities); current and future members of management will
abide by the Company's business objectives and strategies from time to time established by the Company; the Company will retain and supplement
its board of directors and management, or otherwise engage consultants and advisors having knowledge of the industries (or segments thereof)
within which the Company may from time to time participate; the Company will have sufficient working capital and the ability to obtain
the financing required in order to develop and continue its business and operations; the Company will continue to attract, develop, motivate
and retain highly qualified and skilled consultants and/or employees, as the case may be; no adverse changes will be made to the regulatory
framework governing cannabis, taxes and all other applicable matters in the jurisdictions in which the Company conducts business and any
other jurisdiction in which the Company may conduct business in the future; the Company will be able to generate cash flow from operations,
including, where applicable, distribution and sale of cannabis and cannabis products; the Company will be able to execute on its business
strategy as anticipated; the Company will be able to meet the requirements necessary to obtain and/or maintain authorizations required
to conduct the business; general economic, financial, market, regulatory, and political conditions, including the impact of the COVID-19
pandemic, will not negatively affect the Company or its business; the Company will be able to successfully compete in the cannabis industry;
cannabis prices will not decline materially; the Company will be able to effectively manage anticipated and unanticipated costs; the Company
will be able to conduct its operations in a safe, efficient and effective manner; general market conditions will be favourable with respect
to the Company's future plans and goals; the Company will reach the anticipated sales from continuing operations for the financial year
of the Company ending October 31, 2022; the Company will continue to grow its online retail portfolio through further strategic and accretive
acquisitions; the Company will add the additional cannabis retail store locations to the Company's business and remain on a positive growth
trajectory; and the Company will complete the development of its cannabis retail stores.</I></P>

<P STYLE="font: 15pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0"><I>These statements involve known and unknown risks,
uncertainties and other factors, which may cause actual results, performance or achievements to differ materially from those expressed
or implied by such statements, including but not limited to: High Tide's inability to utilize the use of proceeds on the terms and within
the timelines anticipated or at all; High Tide's inability to obtain the required regulatory approvals on the proposed terms and timeline
or at all; the risks associated with the cannabis and CBD industries in general; the inability of High Tide to obtain requisite approvals
for its operations; the inability of High Tide to pursue more retail acquisitions in the future; the Company's inability to attract and
retain qualified members of management to grow the Company's business and its operations; unanticipated changes in economic and market
conditions (including changes resulting from the COVID-19 pandemic) or in applicable laws; the impact of the publications of inaccurate
or unfavourable research by securities analysts or other third parties; the Company's failure to complete future acquisitions or enter
into strategic business relationships; interruptions or shortages in the supply of cannabis from time to time available to support the
Company's operations from time to time; unanticipated changes in the cannabis industry in the jurisdictions within which the Company may
from time to time conduct its business and operations, including the Company's inability to respond or adapt to such changes; the Company's
inability to secure or maintain favourable lease arrangements or the required authorizations necessary to conduct the business and operations
and meet its targets; the Company's inability to secure desirable retail cannabis store locations on favourable terms; risks relating
to projections of the Company's operations; the Company's inability to effectively manage unanticipated costs and expenses, including
costs and expenses associated with product recalls and judicial or administrative proceedings against the Company; risk that the Company
will not reach the anticipated sales from continuing operations for the financial year of the Company ending October 31, 2022; risk that
the Company will be unable to continue to integrate and expand its CBD brands; risk that the Company will be unable to grow its online
retail portfolio through further strategic and accretive acquisitions; risk that the Company will be unable to add additional cannabis
retail store locations to the Company's business and/or remain on a positive growth trajectory; and risks that the Company will be unable
to complete the development of any or all of its cannabis retail stores.</I></P>

<P STYLE="font: 15pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0"><I>Readers are cautioned that the foregoing list is
not exhaustive. Readers are further cautioned not to place undue reliance on forward looking statements, as there can be no assurance
that the plans, intentions or expectations upon which they are placed will occur. Such information, although considered reasonable by
management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. </I></P>

<P STYLE="font: 15pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0"><I>Forward-looking statements contained in this press
release are expressly qualified by this cautionary statement and reflect the Company's expectations as of the date hereof and are subject
to change thereafter. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of
new information, estimates or opinions, future events or results or otherwise or to explain any material difference between subsequent
actual events and such forward-looking information, except as required by applicable law.</I></P>

<P STYLE="font: 15pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0">SOURCE High Tide Inc.</P>

<P STYLE="font: 15pt Arial, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 15pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0">View original content to download multimedia: http://www.newswire.ca/en/releases/archive/July2022/22/c6291.html</P>

<P STYLE="font: 15pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0">%CIK: 0001847409</P>

<P STYLE="font: 15pt Arial, Helvetica, Sans-Serif; margin: 0"><B>For further information: </B>Vahan Ajamian, Capital Markets Advisor,
vahan@hightideinc.com,Tel: 1 (403) 265-4207</P>

<P STYLE="font: 15pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0">CO: High Tide Inc.</P>

<P STYLE="font: 15pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0">CNW 10:04e 22-JUL-22</P>

</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>3
<FILENAME>logo.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 logo.jpg
M_]C_X  02D9)1@ ! 0$ 8 !@  #_VP!#  @&!@<&!0@'!P<)"0@*#!0-# L+
M#!D2$P\4'1H?'AT:'!P@)"XG("(L(QP<*#<I+# Q-#0T'R<Y/3@R/"XS-#+_
MVP!# 0D)"0P+#!@-#1@R(1PA,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R
M,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C+_P  1"  D ) # 2(  A$! Q$!_\0
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M31=3L0FK(PDNXT53\C\##'G_  I6-[GH$T\4"JTTB1@L%!9@,D]!4IX%<?\
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MCSQQQ>:\BK'_ 'R<#VYKFM/TVQ;QAK:-96Q1;>T(7REX_P!;[5/XU4#PA>#
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84 %%%% !1110 4444 %%%% !1110!__9

end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
