June 25, 2019 June 25, 2019 MJ Micro Conference MJ Micro Conference Celebrating 10 Years of Business in 2019 Vertically-Integrated Cannabis Enterprise Westin Grand Central, NYC Westin Grand Central, NYC Downstream Growth Initiatives
DISCLAIMER FORWARD-LOOKING STATEMENTS This presentation is strictly confidential and must not be copied, distributed, circulated or disseminated without the express written consent of High Tide Inc. (the “Company”). This presentation does not constitute an “offering memorandum” as such term is defined under Canadian securities legislation and confers no statutory, contractual or other similar rights of rescission or other action or remedy to any recipient under securities legislation in Canada, the United States or other jurisdiction for misrepresentation or otherwise. No securities are being offered for sale hereunder. This document does not provide full disclosure of all material facts relating to the securities offered. Readers must conduct their own analysis and review of the Company and of the information contained in this presentation and must contact their own professional advisors. This presentation contains “forward-looking information”. Forward-looking information includes, without limitation, statements regarding macroeconomic factors, future demand and supply dynamics for cannabis, production and development forecasts and timelines, estimates as to the demand for cannabis and cannabis paraphernalia, future cannabis prices, solutions to past problems, valuations, capital and operating expenditures, ability to obtain financing, future currency exchange rates, government regulation of cannabis, and environmental risks. Similarly, forward-looking information also includes economic analysis of the business of the Company and the results thereof, including, without limitation, cash flow projections, estimated capital and operating costs, and all economic analysis derived from such estimates and forecasts. In general, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “projects”, “forecasts”, “budget”, “estimates”, “schedule”, “intends”, or variations of such words and phrases or state that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”. The forward-looking information is based upon factors and assumptions the Company believes is reasonable based on information currently available to them. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance of the Company to differ from forward-looking information. There can be no assurance that such information will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The Company does not undertake to update any forward-looking information, except as required under applicable securities laws. Financial outlook and future ‐ oriented financial information contained in this presentation about prospective financial performance, financial position or cash flows is based on assumptions about future events, including economic conditions and proposed courses of action, based on management’s assessment of the relevant information currently available. In particular, this presentation contains revenues, gross margins and earnings before interest, taxes, depreciation and amortization for 2018 and 2019. These projections contain forward ‐ looking statements and are based on a number of material assumptions and factors set out above. These projections may also be considered to contain future oriented financial information or a financial outlook. The actual results of the Company’s operations for any period will likely vary from the amounts set forth in these projections, and such variations may be material. See the above for a discussion of the factors that could cause actual results to vary. The future oriented financial information and financial outlooks contained in this presentation have been approved by management as of April 1, 2019. Readers are cautioned that any such financial outlook and future ‐ oriented financial information contained herein should not be used for purposes other than those for which it is disclosed herein. These materials may contain inaccuracies or typographical errors. The Company shall not be responsible for any errors or omissions contained in these materials and do not guarantee the accuracy, completeness or timeliness of the information contained herein. See a description of the readers’ rights under “Statutory Rights of Action for Damages or Rescission” at the end of this presentation.
Management Team Alex Mackay Raj Grover Rahim Kanji , MBA, CPA, CA Nick Kuzyk , MBA Andy Palalas Chief Operating Officer Founder, President & Chief Executive Officer Chief Financial Officer Chief Strategy Officer & SVP Capital Markets Chief Revenue Officer Mr. Grover is the founder of High Tide and its Mr. Kanji joined High Tide in May of 2019 and Mr. Kuzyk joined High Tide in April of 2018 Mr. Mackay joined High Tide in February 2019 Mr. Palalas joined High Tide in April of 2018 after a 21-year career at Shaw as part of the corporate reorganization of subsidiary companies of RGR Canada, has over 18 years of experience in various and brings over 17 years of experience in Communications, one of Canada’s largest Famous Brandz, where he was employed Smoker’s Corner and Canna Cabana, while industries from start-up technology to mergers and acquisitions, investor relations, telecommunications firms. Known as an since 2016. He is responsible for developing also being the co-founder of High Tide’s. enterprise oil and gas. Most recently, he was and business development. From early-stage adaptable leader with a track record of driving distribution channels, sourcing new market Chief Operating Officer at Kudos Inc. and ventures to large cap corporations, Nick has newest subsidiary, Famous Brandz. Raj breakthrough results, Alex has extensive opportunities and overseeing High Tide’s previous to that role he was the Controller at developed a balanced expertise rooted in started Smoker’s Corner in 2009 and RGR operational experience including roles as commercial portfolio. Andy is a business Solium Capital. both quantitative and qualitative learnings Senior Director of Contact Centers and Retail growth and sales professional with a decade Canada in 2011 and has been operating as a Operations, National Director of Field Support of experience in implementing sales programs from the areas of corporate strategy, financial pioneer in the cannabis accessories industry Operations and National Sales Director. for established corporations and start-ups alike. analysis and external communications. ever since. Mr. Kanji’s areas of expertise include financial management, profitability, corporate Key milestones include the achievement of With extensive experience in the loyalty Mr. Kuzyk holds both an HBA and MBA from efficiencies, meeting business goals and Currently, he is a national franchisor and industry-leading customer satisfaction scores, marketing sector, a track record of rapid the Richard Ivey School of Business (Ivey) corporate financial reporting. He has an entrepreneur with 17 years of experience in proven increases to incremental sales and growth in franchise sales and operations as at Western University, is the Treasurer of the additional interest in corporate governance, revenues and the creation and well as ground-level business development building and selling successful companies. Alberta chapter of the Canadian Investor implementation of a suite of new Standard through to overarching marketing strategy, risk management, investor relations and Mr. Grover leads the industry in Operational Practices adopted across a +10K Andy has most recently taken Famous Relations Institute (CIRI) and has also regulatory compliance, as well as managing manufacturing capabilities and has built the employee organization. Brandz from inception to one of the leading completed the CIRI/Ivey Strategic corporate facilities and business processes. largest network of comparable retail stores in manufacturers of smoking accessories Management of Investor Relations Program. Mr. Kanji also has experience with Canada. Mr. Mackay’s achievements have been internationally. international growth and expansion, mergers grounded in exceptional people practices, In his personal life, Mr. Kuzyk spends time and acquisitions and strategy development. including targeted acquisition of top talent and A relentless new business hunter and In his personal time, Raj is passionate about volunteering in the community for the benefit building high-performing teams. Raised in relationship builder, Andy is determined to supporting children’s charities that benefit the of causes about which he is passionate, and Victoria BC, Mr. Mackay completed his degree fulfill High Tide’s vision of becoming the Mr. Kanji holds a B.Com from the University underprivileged and those struggling with at the University of Victoria and moved with largest vertically integrated cannabis has traveled to 47 countries to date. of Alberta and MBA from the Richard Ivey health issues and other life challenges. his family to Calgary in 2012. enterprise in the world. School of Business at Western University. 3
Recommend
More recommend
