CALGARY, AB , March 11, 2025 /PRNewswire/ - High Tide Inc. ("High Tide" or the "Company") (Nasdaq: HITI) (TSXV: HITI) (FSE: 2LYA), the high-impact, retail-forward enterprise built to deliver real-world value across every component of cannabis, announced today that it will release its financial and operational results for the quarter ended January 31, 2025, after financial markets close on Monday, March 17, 2025. High Tide's first fiscal quarter 2025 financial and operational results will be available on SEDAR+, EDGAR, and on the Company's website at https://hightideinc.com/invest.
CALGARY, AB , March 10, 2025 /PRNewswire/ - High Tide Inc. ("High Tide" or the "Company") (Nasdaq: HITI) (TSXV: HITI) (FSE: 2LYA), the high-impact, retail-forward enterprise built to deliver real-world value across every component of cannabis, announced today that its Canna Cabana retail cannabis store located at 99 Balsam Street in Collingwood, ON will begin selling recreational cannabis products and consumption accessories for adult use on March 13, 2025; and that its Canna Cabana retail cannabis store located at 1 Hespeler Road in Cambridge, ON will begin selling recreational cannabis products and consumption accessories for adult use on March 17, 2025. These openings will mark High Tide's 193rd and 194th Canna Cabana branded retail cannabis locations in Canada, and the 78th and 79th in the province of Ontario.
In the most recent trading session, High Tide Inc. (HITI) closed at $2.40, indicating a +1.69% shift from the previous trading day.
High Tide Inc. is a discount cannabis retailer with 192 brick & mortar storefronts in Canada. They were forced to adapt or die in Canada's tough ecosystem and have since emerged as its most dominant player. Their business model uses the collective bargaining power achieved by their scale to negotiate better deals for their customers.
The latest trading day saw High Tide Inc. (HITI) settling at $2.59, representing a +0.39% change from its previous close.
This Marks the Company's Third Time Making This Prestigious List in Four Years CALGARY, AB , Feb. 19, 2025 /PRNewswire/ - High Tide Inc. ("High Tide" or the "Company") (Nasdaq: HITI) (TSXV: HITI) (FSE: 2LYA), the high-impact, retail-forward enterprise built to deliver real-world value across every component of cannabis, announced today that it has been recognized by the TSX Venture Exchange (the "TSXV") as a Top 50 company for the second consecutive year. For 2024, High Tide achieved a ranking of 21 out of 50 and is one of only two cannabis companies to make the list.
New Store Marks High Tide's First Location in Downtown Hamilton CALGARY, AB , Feb. 13, 2025 /PRNewswire/ - High Tide Inc. ("High Tide" or the "Company") (Nasdaq: HITI) (TSXV: HITI) (FSE: 2LYA), the high-impact, retail-forward enterprise built to deliver real-world value across every component of cannabis, announced today that its Canna Cabana retail cannabis store located at 447 Main Street East in Hamilton, ON will begin selling recreational cannabis products and consumption accessories for adult use on February 15, 2025. This opening will mark High Tide's 192nd Canna Cabana branded retail cannabis location in Canada, the 77th in the province of Ontario and the 6th in the City of Hamilton.
High Tide Inc. (HITI) closed the most recent trading day at $2.63, moving -1.87% from the previous trading session.
High Tide, Canada's largest cannabis retailer, is expanding into Germany through a majority acquisition of Purecan, aiming to capitalize on the booming medical cannabis market. President and CEO Raj Grover on strategic focus.
The Company's Q4 again showed solid revenue growth, gaining year-on-year market share in Canadian cannabis retail. Margins were pressured slightly by more aggressive store expansion. The acquisition of a 51% stake in Purecan, a German medical cannabis wholesaler, strategically positions High Tide for expansion in the German market. HITI stock remains undervalued, and I estimate a base scenario upside of 85% to a fair value of $5.1.