High Tide Appoints Two New Directors

*CALGARY, AB* – High Tide Inc. appointed two new directors as part of a
planned board of directors renewal process.

Nitin Kaushal and Andrea Elliott resigned from the board, effective March
2. Kaushal had served since 2018 and Elliott since 2021.

In their places, the board appointed Kathleen Skerrett and Menashe
Kestenbaum.

Skerrett is a partner at Gardiner Robers LLP, where she practices in the
areas of securities law, corporate governance, and capital markets
transactions. She has experience advising public companies on M&A
transactions, regulatory compliance, and continuous disclosure obligations.
Her focus has been on advising emerging and mid-cap issuers listed on the
TSX Venture Exchange, the CSE, and NASDAQ on complex transactional and
governance matters, including MI 61-101 compliance, takeover bid
regulations, and cross-border securities issues. Skerrett has been
recognized by Best Lawyers Canada and Chambers for her securities law
knowledge. She holds a law degree and B.Comm from University of Toronto and
is a member of the Law Society of Ontario.

Kestenbaum is a technology entrepreneur, public company executive, and
venture capital investor. He started off in the gaming industry, leading
Enthusiast Gaming from its beginnings as a basement startup in 2015,
through an IPO, to an all-time high of a $1.4B market cap in 2021. He is
also a general partner at LeverageVC, a venture capital fund focused on
early-stage technology investments. He currently serves as CEO of Glimmer.

The company also appointed David Wallach, CCIM, and Filip Ernest to its
advisory board.

In addition, the company granted an aggregate of 123,558 restricted stock
units and 25,000 options to directors, advisory board members, and
consultants. Each RSU entitles the holder to acquire one common share of
the company at $3.43 upon vesting.