High Tide Inc., a Canadian-based retail-focused cannabis company, has purchased 1171882 B.C. Ltd., operating as Jimmy’s Cannabis Shop BC.
High Tide has acquired two retail cannabis stores currently operated by Jimmy’s in British Columbia for $5.3 million. The Cranbrook Street location is situated within a commercial complex that includes a local grocery store as well as a hotel chain. The store in Prince George is located within the largest city in northern British Columbia in a commercial plaza including a pharmacy chain and a discount clothing retailer. The transaction brings High Tide’s nationwide store count to 149, including six in British Columbia.