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High Tide Extends Maturity Date and Reduces Interest Rate of Convertible Debt with Strategic Partner News provided by Share this article Share this article CALGARY, AB, April 8, 2021 /PRNewswire/ - High Tide Inc. ( High Tide or the Company ) (TSXV: HITI) (OTCQB: HITIF) (FRA: 2LY), a retail-focused cannabis corporation enhanced by the manufacturing and distribution of consumption accessories, announced today that it has reached an agreement with a strategic investor to extend the maturity of its $2,000,000 convertible debenture and reduce the applicable interest rate pursuant to a debenture amendment agreement (the Debenture Amendment Agreement ). The Debenture Amendment Agreement extends the maturity date of the convertible debenture from April 18, 2021, to April 18, 2023, and reduces the applicable interest rate from 10.0% to 7.0%. The conversion price of $0.75 remains unchanged.  The Debenture Amendment Agreement remains subject to approval from the TSX Venture Exchange.

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