High Tide Announces Addition to the Horizons Marijuana Life Sciences Index ETF (TSX: HMMJ ) and Results of Annual General Meeting
High Tide Inc.(CVE: HITI) (OTCMKTS: HITIF), a retail-focused cannabis corporation enhanced by the manufacturing and distribution of consumption accessories, today announced that as per the recently disclosed listing of holdings available on its website, the Company’s shares have now been included in Horizons Marijuana Life Sciences Index ETF (TSX: HMMJ).
We are very pleased to have our shares included in the Horizons Marijuana Life Sciences Index ETF. This is yet more recognition of High Tide’s continued execution which has now resulted in another high profile institution acquiring our shares since we listed them on the Nasdaq. This inclusion represents the second new ETF listing for High Tide since our shares began trading on the Nasdaq two months ago.
Raj Grover, President and Chief Executive Officer of High Tide
Voting Results from Annual General and Special Meeting of Shareholders
The Company also released voting results from its Annual General and Special Meeting of Shareholders held virtually on Thursday, July 29, 2021 (the “Meeting”). All nominees included in its Notice of Annual General and Special Meeting of Shareholders and Management Information Circular dated June 14, 2021 (the “Circular”), were elected as directors of High Tide.
The results of the votes were as follows:
| Nominee | Votes For: | Votes Withheld: | ||
| Number | % | Number | % | |
| Harkirat (“Raj”) Grover | 6,700,845 | 99.92 | 5,474 | 0.08 |
| Nitin Kaushal | 6,701,438 | 99.93 | 4,906 | 0.07 |
| Arthur Kwan | 6,690,168 | 99.76 | 16,176 | 0.24 |
| Christian Sinclair | 6,702,172 | 99.94 | 4,172 | 0.06 |
| Andrea Elliott | 6,701,438 | 99.93 | 4,906 | 0.07 |
All other resolutions included in the Circular were successfully approved by shareholders at the Meeting, including but not limited to the appointment of Ernst & Young LLP as the Company’s auditor, fixing the number of directors at five and to consider the passing of other resolutions if deemed advisable, with or without variation.
Grant of Restricted Share Units
The Company also announced that its Board of Directors has approved a grant of 35,000 restricted share units (“RSUs”) to an officer of the Company pursuant to the Company’s restricted share unit plan. Each RSU entitles the holder to acquire one common share of the Company upon vesting.
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