---
title: "High Tide Secures Credit Approval for C$40MM of Senior Secured Credit Facilities"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/289767941.md"
description: "High Tide Inc. secured credit approval for C$40 million in new senior secured credit facilities with Bank of Montreal. The deal includes a $25 million revolving facility and a $15 million delayed draw term loan, intended to refinance existing debt and provide working capital. Closing is subject to customary conditions and expected within 30 days."
datetime: "2026-06-15T10:17:07.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/289767941.md)
  - [en](https://longbridge.com/en/news/289767941.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/289767941.md)
---

# High Tide Secures Credit Approval for C$40MM of Senior Secured Credit Facilities

High Tide Inc. (Nasdaq: HITI) (TSXV: HITI) (FSE: 2LYA), headquartered in Calgary, AB, disclosed on June 15, 2026, its commitment to providing tangible benefits in the cannabis sector. The retail-focused company aims to bring substantial value to the industry.

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