High Tide

High Tide, Inc. engages in the manufacture and retail of cannabis smoking accessories and lifestyle products. It operates through the following segments: Wholesale, Retail and Corporate. The Retail segment represents by brands, including Canna Cabana, NewLeaf Cannabis, Meta Cannabis Co, KushBar, Grasscity, Smoke Cartel, and CBDcity. The Wholesale segment represents by brands, including Valiant Distribution and Famous Brandz. The Corporate segment manages the executive management and financing needs of the business. The company was founded by Harkirat Grover in 2009 and is headquartered in Calgary, Canada.

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High Tide, Inc. is a retail-focused cannabis company, which engages in the manufacture and distribution of consumption accessories. It operates through the following segments: Retail, Wholesale, and Corporate. Its brands are Canna Cabana, Fastendr, Grasscity, Smoke Cartel, Daily High Club, DankStop, NuLeaf Naturals, FAB CBD, Blessed CBD, Valiant Distribution, and Famous Brandz. The company was founded by Harkirat Grover in 2009 and is headquartered in Calgary, Canada.

High Tide Inc. (NASDAQ:HITI ) Q2 2023 Earnings Conference Call June 15, 2023 11:30 AM ET Company Participants Ashley Wilde - Specialist, Communications and Public Affairs of High Tide Inc. Raj Grover - Founder, President and Chief Executive Officer Sergio Patino - Interim Chief Financial Officer Conference Call Participants Scott Fortune - ROTH Capital Partners Andrew Partheniou - Stifel Nicolaus Canada Inc. Matt Bottomley - Canaccord Genuity Corp. Andrew Semple - Echelon Capital Markets Frederico Gomes - ATB Capital Markets Inc. Operator Good morning. My name is Nadia, and I'll be your conference operator today.

High Tide Inc. (HITI) Q2 2023 Earnings Call Transcript

High Tide Inc. (HITI) came out with a quarterly loss of $0.01 per share versus the Zacks Consensus Estimate of a loss of $0.04. This compares to loss of $0.11 per share a year ago.

High Tide Inc. (HITI) Reports Q2 Loss, Tops Revenue Estimates

The Company Achieved Significant Sequential Improvement in Cost Reduction in Line With Its Goal to Achieve Positive Free Cash Flow by the End of This Calendar Year 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 . 13th Straight Quarter of Positive Adjusted EBITDA, Representing a 174% Increase Year-Over-Year and 20% Sequentially, Driven by Significant Cost Reductions in General and Administrative Expenses High Tide Reaches 9.5% of Canadian Cannabis Retail Market Share Outside of Quebec 1 , Up From 9% in the Previous Quarter Same-Store Sales Increased by 30% Year-Over-Year and 1% Sequentially.

High Tide Reports Third Consecutive Quarter of Record Revenue and Adjusted EBITDA of $118.1 Million and $6.6 Million, Respectively

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CALGARY, AB , May 23, 2023 /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 April 30, 2023, after financial markets close on Wednesday, June 14, 2023. High Tide's second quarter 2022 financial and operational results will be available on SEDAR, EDGAR, and on the Company's website at https://hightideinc.com/invest.

High Tide to Announce Second Quarter 2023 Financial Results and Acquisition of Remaining Interest of FABCBD

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The New Location is the Second Canna Cabana to Open in a Mall, Nationally CALGARY, AB , May 4, 2023 /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 Unit 370, 11801 100 St, Grande Prairie, AB, will begin selling recreational cannabis products and consumption accessories for adult use tomorrow, May 5. This opening marks High Tide's 153rd Canna Cabana branded retail cannabis location in Canada and its 77th store in Alberta.

High Tide Opens Canna Cabana Location in Grande Prairie, Alberta

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TORONTO, ON / ACCESSWIRE / April 27, 2023 / High Tide Resources Corp. ("High Tide" or the "Company") (CSE:HTRC) is pleased to announce, at the request of The Canadian Institute of Mining, Metallurgy and Petroleum (CIM) and the Society for Mining, Metallurgy and Exploration (SME), Minnesota Chapter, the Company will present the Labrador West Iron Project during the 9th North American Iron Ore Symposium in Montreal, Quebec. High Tide's presentation will take place Monday, May 1, 2023 at 3:30 pm in room 516C in the Palais des congrès de Montréal.

High Tide Resources to Present at CIM's Iron Ore Symposium in Montreal on Monday, May 1, 2023

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The Company Also Reports Over $2 Million in Retail Sales on '4/20' Representing a 64% Increase From the Previous Week 1 CALGARY, AB , April 25, 2023 /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 Cabana Club loyalty program has surpassed the significant milestone of 1 million members. This figure represents over 110% growth from the 473,161 members of the Cabana Club on '4/20' in 2022.

High Tide Announces Its Cabana Club Loyalty Program Has Surpassed 1 Million Members

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CALGARY, AB , April 21, 2023 /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, celebrates Earth Day tomorrow, through its continued commitment of recycling plastic from cannabis packaging in conjunction with its packaging recycling partner, [Re] Waste. Cannabis packaging is unique, as cannabis is a highly regulated product and is packaged in single-use plastic, which is difficult to recycle within the existing municipal programs.

High Tide Celebrates Earth Day With Announcement of Contribution Towards Recycling Over 20,000 Pounds of Plastic Waste Through Partnership With [Re] Waste

CALGARY, AB , April 20, 2023 /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, said today that its Canna Cabana retail cannabis store located at 10573 114th Street NW in Edmonton, Alberta, will begin selling recreational cannabis products and consumption accessories for adult use today at 4:20 PM MDT. This opening marks High Tide's 152nd Canna Cabana retail cannabis location in Canada and its 76th store in Alberta.

High Tide Celebrates its 76th Store Opening in Alberta on the '420' Holiday

Canada's Largest Non-Franchised Cannabis Retailer Announces That It Has Begun Identifying Potential Store Locations Within Ontario's Third Largest City CALGARY, AB , April 19, 2023 /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, applauds Mississauga's City Council's decision today to permit legal cannabis retail stores to operate within the city. The Company is pleased to see the third-largest city in Ontario and the seventh-largest in Canada opt-in to legal cannabis sales, thus protecting public health from the negative impact of illicit market sales.

High Tide Applauds Mississauga Decision to Allow Legal Cannabis Stores

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TORONTO, ON / ACCESSWIRE / April 12, 2023 / High Tide Resources Corp. ("High Tide" or the "Company") (CSE:HTRC) is pleased to announce the appointment of Michael T. Zurowski P.

High Tide Resources Announces the Appointment of Michael T. Zurowski to the Role of Executive Vice President

Presentation on Wednesday, April 5, 2023, at 3:00 PM EDT CALGARY, AB , April 3, 2023 /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, said today that it will be presenting virtually at the upcoming Sequire Cannabis & Psychedelics Conference on Wednesday, April 5th, at 3:00 PM EDT. Vahan Ajamian, High Tide's Capital Markets Advisor, will be giving the presentation.

High Tide to Present at Sequire Cannabis & Psychedelics Investor Conference on April 5, 2023

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TORONTO, ON / ACCESSWIRE / March 29, 2023 / High Tide Resources Corp. ("High Tide" or the "Company") (CSE:HTRC) is pleased to report that it has participated in a hyperspectral scanning program in partnership with College of the North Atlantic (CNA) with funding provided by the National Research Council's (NRC) Industrial Research Assistance Program. High Tide is actively advancing its Labrador West Iron Project located in the southern Labrador Trough, home to four operating iron ore mines, and less than 20 kilometres northeast of IOC/Rio Tinto's Carol Lake Mine complex in Labrador City, NL.

High Tide Resources Employs Hyperspectral Scan Technology on Labrador West Iron Project Drill Core

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The Company Also Ranks 31st Out of 500 Companies Across All Categories CALGARY, AB , March 28, 2023 /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 awarded the top spot in the retail category and was ranked 31st out of 500 companies across all categories on the Financial Times list of Americas' Fastest Growing Companies for 2023. This prestigious award is presented by Financial Times and Statista Inc., the world-leading statistics portal and industry ranking provider.

High Tide Claims Top Spot in Financial Times List of Fastest Growing Retailers in the Americas for 2023

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