HITI

High Tide Inc

High Tide Releases Audited 2022 Financial Results Featuring Record Fourth Quarter Revenue of $108.2 Million and Record Adjusted EBITDA of $5.0 Million

High Tide Releases Audited 2022 Financial Results Featuring Record Fourth Quarter Revenue of $108.2 Million and Record Adjusted EBITDA of $5.0 Million

CALGARY, Alberta--(BUSINESS WIRE)--High Tide Inc. (“High Tide” or the “Company”) (NASDAQ: HITI) (TSXV: HITI) (FSE: 2LYA), a leading retail-focused cannabis company with bricks-and-mortar as well as global e-commerce assets, filed its year-end audited 2022 financial results on January 30, 2023, the highlights of which are included in this ... Read More...
High Tide to Announce Fourth Quarter and Full Fiscal Year 2022 Financial Results

High Tide to Announce Fourth Quarter and Full Fiscal Year 2022 Financial Results

The Company additionally announces the appointment of Omar Yar Khan as Chief Communications and Public Affairs OfficerCALGARY, AB, Jan. 11, 2023 -  High Tide Inc. ("High Tide" or the "Company") (Nasdaq: HITI) (TSXV: HITI) (FSE: 2LYA), a leading retail-focused cannabis company with bricks-and-mortar as well as global e-commerce assets, ann... Read More...
High Tide Recaps Key Milestones of 2022

High Tide Recaps Key Milestones of 2022

The Company closes the year as the top revenue-generating cannabis company in Canada The Company also announces the opening of its 150th Canna Cabana location CALGARY, AB, Dec. 30, 2022 - High Tide Inc. ("High Tide" or the "Company") (Nasdaq: HITI) (TSXV: HITI) (FSE: 2LYA), a leading retail-focused cannabis company with bricks-and-mortar... Read More...
High Tide Opens Two New Canna Cabana Stores in North York, Ontario and Winnipeg, Manitoba

High Tide Opens Two New Canna Cabana Stores in North York, Ontario and Winnipeg, Manitoba

CALGARY, AB, Dec. 22, 2022 - High Tide Inc. ("High Tide" or the "Company") (Nasdaq: HITI) (TSXV: HITI) (FSE: 2LYA), a leading retail-focused cannabis company with bricks-and-mortar as well as global e-commerce assets, announced today that its Canna Cabana retail cannabis store located at 6231 Bathurst Street in North York, Ontario has beg... Read More...
High Tide Enters New Vertical in the United States With Launch of Cannabis Seeds

High Tide Enters New Vertical in the United States With Launch of Cannabis Seeds

The global cannabis seeds market was valued at USD $1.3 billion in 2021 and is projected to reach USD $6.5 billion by 2031 with an expected CAGR of 18.4% from 2022-20231 Over the last 12 months, GrassCity.com generated close to 24 million page views with 3.8 million users Over the last 12 months, GrassCity.com forums, which include a sig... Read More...
High Tide Launches Exclusive Paid Membership Program: “Cabana Elite”

High Tide Launches Exclusive Paid Membership Program: “Cabana Elite”

CALGARY, Alberta--(BUSINESS WIRE)--High Tide Inc. (“High Tide” or the “Company”) (Nasdaq: HITI) (TSXV: HITI) (FSE: 2LYA), a leading retail-focused cannabis company with bricks-and-mortar as well as global e-commerce assets, is pleased to announce the launch of Cabana Elite (“ELITE”), an optional paid membership upgrade for Cabana Club mem... Read More...
High Tide Announces Launch of Its NuLeaf Naturals Multicannabinoid Products in Manitoba

High Tide Announces Launch of Its NuLeaf Naturals Multicannabinoid Products in Manitoba

CALGARY, AB, Oct. 26, 2022 - High Tide Inc. ("High Tide" or the "Company") (Nasdaq: HITI) (TSXV: HITI) (FSE: 2LYA), a leading retail-focused cannabis company with bricks-and-mortar as well as global e-commerce assets, is pleased to announce that its Colorado-based subsidiary, NuLeaf Naturals ("NuLeaf"), has had its Full Spectrum Multicann... Read More...
High Tide Announces Launch of Its NuLeaf Naturals Multicannabinoid Products in Ontario

High Tide Announces Launch of Its NuLeaf Naturals Multicannabinoid Products in Ontario

CALGARY, AB, Oct. 18, 2022 - High Tide Inc. ("High Tide" or the "Company") (Nasdaq: HITI) (TSXV: HITI) (FSE: 2LYA), a leading retail-focused cannabis company with bricks-and-mortar as well as global e-commerce assets, is pleased to announce that its Colorado-based subsidiary, NuLeaf Naturals ("NuLeaf"), has had its Full Spectrum Hemp Mult... Read More...
Senior Executive of High Tide Available to Comment Ahead of the Fourth Anniversary of Legalization

Senior Executive of High Tide Available to Comment Ahead of the Fourth Anniversary of Legalization

CALGARY, AB, Oct. 17, 2022 - High Tide Inc. ("High Tide" or the "Company") (Nasdaq: HITI) (TSXV: HITI) (FSE: 2LYA), Canada's largest non-franchised cannabis retailer with bricks-and-mortar as well as global e-commerce assets, is pleased to announce that its senior executive is available for comment ahead of the fourth anniversary of canna... Read More...
High Tide to Acquire Jimmy's Cannabis Shop, Adding Two Established Retail Cannabis Stores in British Columbia

High Tide to Acquire Jimmy’s Cannabis Shop, Adding Two Established Retail Cannabis Stores in British Columbia

Upon Closing, This Transaction Will Bring The Company's Footprint in British Columbia to Five StoresThis news release constitutes a "designated news release" for the purposes of the Company's prospectus supplement dated December 3, 2021 to its short form base shelf prospectus dated April 22, 2021.CALGARY, AB, Sept. 29, 2022 - High Tide In... Read More...
CORRECTING and REPLACING High Tide Ranks 21st Out of 430 In Globe and Mail's Annual Ranking of Canada's Top Growing Companies With 1970% Revenue Growth Over Three Years

CORRECTING and REPLACING High Tide Ranks 21st Out of 430 In Globe and Mail’s Annual Ranking of Canada’s Top Growing Companies With 1970% Revenue Growth Over Three Years

CALGARY, Alberta--(BUSINESS WIRE)--Headline of release should read: High Tide Ranks 21st Out of 430 In Globe and Mail’s Annual Ranking of Canada’s Top Growing Companies With 1970% Revenue Growth Over Three Years (instead of High Tide Ranks 21st Out of 448 In Globe and Mail’s Annual Ranking of Canada’s Top Growing Companies With 1970% Reve... Read More...
High Tide Ranks 21st Out of 430 In Globe and Mail's Annual Ranking of Canada's Top Growing Companies With 1970% Revenue Growth Over Three Years

High Tide Ranks 21st Out of 430 In Globe and Mail’s Annual Ranking of Canada’s Top Growing Companies With 1970% Revenue Growth Over Three Years

Company Marks Second Consecutive Year On This Prestigious ListClick here to watch our accompanying videoCALGARY, AB, Sept. 23, 2022 - High Tide Inc. ("High Tide" or the "Company") (Nasdaq: HITI) ( TSXV: HITI) (FSE: 2LYA), a leading retail-focused cannabis company with bricks-and-mortar as well as global e-commerce assets, is pleased to an... Read More...
High Tide Ranks 21st Out of 448 In Globe and Mail's Annual Ranking of Canada's Top Growing Companies With 1970% Revenue Growth Over Three Years

High Tide Ranks 21st Out of 448 In Globe and Mail’s Annual Ranking of Canada’s Top Growing Companies With 1970% Revenue Growth Over Three Years

Company Marks Second Consecutive Year On This Prestigious ListClick here to watch our accompanying videoCALGARY, AB, Sept. 23, 2022 -High Tide Inc. ("High Tide" or the "Company") ( Nasdaq: HITI) (TSXV: HITI) (FSE: 2LYA), a leading retail-focused cannabis company with bricks-and-mortar as well as global e-commerce assets, is pleased to ann... Read More...
High Tide Closes $19 Million Non-Dilutive Credit Facility with connectFirst Credit Union

High Tide Closes $19 Million Non-Dilutive Credit Facility with connectFirst Credit Union

This news release constitutes a "designated news release" for the purposes of the Company's prospectus supplement dated December 3, 2021, to its short form base shelf prospectus dated April 22, 2021CALGARY, AB, Sept. 19, 2022 - High Tide Inc. ("High Tide" or the "Company") (Nasdaq: HITI) ( TSXV: HITI) (FSE: 2LYA), a leading retail-focused... Read More...
CORRECTING and REPLACING High Tide Reports Third Quarter 2022 Financial Results Featuring a 98% Increase in Revenue and Tenth Straight Quarter of Positive Adjusted EBITDA

CORRECTING and REPLACING High Tide Reports Third Quarter 2022 Financial Results Featuring a 98% Increase in Revenue and Tenth Straight Quarter of Positive Adjusted EBITDA

CALGARY, Alberta--(BUSINESS WIRE)--In the financial table Selected financial information for the three and nine months ended July 31, 2022, Loss per share (Basic), Three months ended July 31, 2022 should read: (0.04) instead of (0.05); Loss per share (Basic), Three months ended July 31 Change should read: 33% instead of 67%. The update... Read More...
High Tide Reports Third Quarter 2022 Financial Results Featuring a 98% Increase in Revenue and Tenth Straight Quarter of Positive Adjusted EBITDA

High Tide Reports Third Quarter 2022 Financial Results Featuring a 98% Increase in Revenue and Tenth Straight Quarter of Positive Adjusted EBITDA

CALGARY, Alberta--(BUSINESS WIRE)--Calgary, AB, September 14, 2022 / CNW / − High Tide Inc. (“High Tide” or the “Company”) (NASDAQ: HITI) (TSXV: HITI) (FSE: 2LYA), a leading retail-focused cannabis company with bricks-and-mortar as well as global e-commerce assets, filed its financial results for the third fiscal quarter of 2022 ended Jul... Read More...
High Tide Closes the Second Tranche in Its Acquisition of Choom, Adding Established Retail Store in Niagara Falls, Ontario

High Tide Closes the Second Tranche in Its Acquisition of Choom, Adding Established Retail Store in Niagara Falls, Ontario

Closing Completes High Tide's Nine Store Acquisition of Choom This news release constitutes a "designated news release" for the purposes of the Company's prospectus supplement dated December 3, 2021 to its short form base shelf prospectus dated April 22, 2021. CALGARY, AB, Sept. 1, 2022 - High Tide Inc. ("High Tide" or the "Company") (NAS... Read More...
High Tide Provides Timing for Release of Third Quarter 2022 Financial Results and Webcast

High Tide Provides Timing for Release of Third Quarter 2022 Financial Results and Webcast

The Company Additionally Reports its Cabana Club Loyalty Program has Surpassed 700,000 MembersCALGARY, AB, Aug. 25, 2022 - High Tide Inc. ("High Tide" or the "Company") (NASDAQ: HITI) (TSXV: HITI) (FSE: 2LYA), a leading retail-focused cannabis company with bricks-and-mortar as well as global e-commerce assets, announced today that it will... Read More...
High Tide Secures Commitment Letter from Connect First Credit Union for Non-Dilutive Financing

High Tide Secures Commitment Letter from Connect First Credit Union for Non-Dilutive Financing

This news release constitutes a "designated news release" for the purposes of the Company'sprospectus supplement dated December 3, 2021 to its short form base shelf prospectus datedApril 22, 2021CALGARY, AB, Aug. 18, 2022 - High Tide Inc. ("High Tide" or the "Company") (Nasdaq: HITI) (TSXV: HITI) (FSE: 2LYA), a leading retail-focused cann... Read More...
High Tide Closes the First Tranche in Its Acquisition of Choom, Adding Two Established Cannabis Retail Stores in British Columbia and Six in Alberta

High Tide Closes the First Tranche in Its Acquisition of Choom, Adding Two Established Cannabis Retail Stores in British Columbia and Six in Alberta

This news release constitutes a "designated news release" for the purposes of the Company's prospectus supplement dated December 3, 2021 to its short form base shelf prospectus dated April 22, 2021.CALGARY, AB, Aug. 4, 2022 - High Tide Inc. ("High Tide" or the "Company") (Nasdaq: HITI) (TSXV: HITI) (FSE: 2LYA), a leading retail-focused ca... Read More...
High Tide Welcomes Health Canada's Steps to Create Regulatory Pathway Regarding the Use of Non-Prescription CBD Products

High Tide Welcomes Health Canada’s Steps to Create Regulatory Pathway Regarding the Use of Non-Prescription CBD Products

Company's Existing International CBD Brand Portfolio Positions it Well to Service Canadian Wellness Market CALGARY, AB, July 29, 2022 - High Tide Inc. ("High Tide" or the "Company") (Nasdaq: HITI) (TSXV: HITI) (FSE: 2LYA) a leading retail-focused cannabis company with bricks-and-mortar as well as global e-commerce assets, welcomes the dec... Read More...
High Tide Announces Closing Of $10 Million Bought Deal Equity Financing, Including Exercise In Full Of Over-Allotment Option

High Tide Announces Closing Of $10 Million Bought Deal Equity Financing, Including Exercise In Full Of Over-Allotment Option

/THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES./ CALGARY, AB, July 22, 2022 - High Tide Inc. ("High Tide" or the "Company") (Nasdaq: HITI) (TSXV: HITI) (FSE: 2LYA), a leading retail-focused cannabis company with br... Read More...
High Tide Subsidiary Blessed CBD Launches Sales of Hemp-derived CBD Products on Amazon UK

High Tide Subsidiary Blessed CBD Launches Sales of Hemp-derived CBD Products on Amazon UK

As with all other CBD retailers who are listed on Amazon UK, Blessed was invited by Amazon themselves to join the platform as a seller of CBD. Retailers that sell CBD through Amazon UK are required to have received Novel Foods Authorization from the United Kingdom's Food Standards Agency as well as pass compliance checks conducted by Ama... Read More...
High Tide Secures CAD$5 Million Subordinated Debt Financing to Power Continued Growth

High Tide Secures CAD$5 Million Subordinated Debt Financing to Power Continued Growth

"Our first of its kind discount club model is clearly working, as evidenced by rapid same store sales growth, and has now defined us as the clear leader in the Canadian cannabis retail landscape as it continues to gain popularity in communities large and small. We want to continue building on this momentum by setting up additional Canna ... Read More...
High Tide Announces Cabana Cannabis Co. Branded White Label Products to Launch in Ontario This Fall

High Tide Announces Cabana Cannabis Co. Branded White Label Products to Launch in Ontario This Fall

All products in the OCS' Fall Product Call, including the above Cabana Cannabis Co. SKUs are expected to become available for retail sales in the months of October or November, 2022. "I am very pleased to announce that we have a confirmed timeline to begin sales of Cabana Cannabis Co. products in Ontario, which is Canada's largest provinc... Read More...
High Tide Reports Second Quarter 2022 Financial Results Featuring a 98% Increase in Revenue and Ninth Straight Quarter of Positive Adjusted EBITDA

High Tide Reports Second Quarter 2022 Financial Results Featuring a 98% Increase in Revenue and Ninth Straight Quarter of Positive Adjusted EBITDA

Second Quarter 2022 – Financial Highlights: Revenue increased to $81.0 million in the second quarter of 2022 compared to $40.9 million in the same quarter last year. Sequentially, revenue increased by 12% compared to the previous quarter. This represents the second-highest quarterly revenue figure generated by a Canadian cannabis compa... Read More...