Canadian cannabis firm Higher Tide was lately listed on the Frankfurt Stock Exchange. This is largely due to the firm getting Grasscity.com.
Nowadays the Canadian cannabis firm Higher Tide announced that they had been lately listed on the Frankfurt Stock Exchange (FSE). The firm is at present getting listed beneath the securities identification code “WKN: A2PBPS” and the ticker symbol “2LY”. Higher Tide is also at present listed on the Canadian Securities Exchange as HITI. The FSE is the biggest stock exchange in Germany and the tenth biggest in the planet.
The sudden interest in Higher Tide by European investors comes just after the firm lately bought Grasscity.com, adding client primarily based smoking accessory retail to their currently impressive repertoire of brands. Raj Grover, president and CEO of Higher Tide had this to say, “High Tide’s listing on the FSE enables European and other international investors to participate in our six operating enterprises and the achievement of our development initiatives.” Investors may perhaps also pick out to invest in Grasscity.com, which is listed on the FSE as effectively.
There is no doubt that the acquisition of Grasscity has had a massive effect on Higher Tide’s sudden prominence with European investors. “Since lately finishing our acquisition of Amsterdam-primarily based Grasscity, the world’s premier on the internet shop for smoking accessories and cannabis way of life merchandise, interest from European investors has elevated. For that reason, listing on the FSE enables us to diversify our increasing retail and institutional investor base,” Grover stated. Higher Tide bought Grasscity at the finish of final year.
The world’s greatest on the internet headshop now joins brands such as RGR Canada, Renowned Brandz, which produces some of your favored glass brands such as Cheech and Chong, Snoop Dogg and the Trailer Park Boys line. If you had been ever going to invest in Higher Tide and/or Grasscity now would be the excellent time!
For a lot more details on this improvement, you can study the official press release right here.