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High Tide Inc.

TSXV:HITILive AI agent

High Tide, Inc.

Investor website: https://hightideinc.com/

About

High Tide, Inc. is the leading community-grown, retail-forward cannabis enterprise engineered to unleash the full value of the world’s most powerful plant. Its wholly owned subsidiary, Canna Cabana, is the second-largest cannabis retail brand globally. High Tide operates across all components of cannabis, including retail, consumption accessories, CBD, wholesale distribution, and licensing, and has been recognized as one of Canada’s Top Growing Companies for four consecutive years.

Verified company data

Cash position
$34.5 million
Shares outstanding
4214979
Projects
["High Tide to Open First Canna Cabana in Kingston, Ontario\n\nOctober 24, 2024\n\nCALGARY, AB, October 24, 2024 /CNW/ – 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 97 Bath Road, Kingston, Ontario, will begin selling recreational cannabis products and consumption accessories for adult use as of 4:20 PM on October 31st, 2024. This opening will mark High Tide’s 186th Canna Cabana branded retail cannabis location in Canada, the 72nd in the province of Ontario and the first in Kingston.\n\nKingston is home to three major Canadian post-secondary institutions: Queen’s University, the Royal Military College of Canada and St. Lawrence College. Two hours from Toronto, Kingston is situated on the banks of Lake Ontario and is a city steeped in Canadian history. This Canna Cabana opens in a robust power centre, surrounded by anchor tenants such as a major pharmacy chain, a Canadian pet retailer, and a prominent Canadian home improvement and auto repair chain. A short drive from the Queen’s University campus, it is a destination shopping centre for students and residents, with a population density of over 50,000 within a three-kilometer radius.\n\n“After 6 years of legalization, we are still expanding into markets where our Canna Cabana brand doesn’t yet have presence. This presents an excellent opportunity for the growth of our ELITE & Cabana Club community. Expanding into Kingston, a city with over 30,000 post-secondary students, fits this strategy well, as does the fact that this new store is located within a major power centre next to well-established Canadian retail giants,” said Raj Grover, Founder and Chief Executive Officer of High Tide.\n\n\"Our focus on quality organic growth remains a key part of our sustainable business strategy to ensure we are creating lasting value for shareholders. I look forward to announcing the launch of several more Cabanas to close out this calendar year\", added Mr. Grover.","High Tide to Acquire Northern Helm, Adding Four Established Retail Cannabis Stores in Ontario\n\nJune 15, 2026\n\nCALGARY, AB, June 15, 2026 /CNW/ – 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 is taking yet another step to expand its bricks-and-mortar retail cannabis operations, by entering into a definitive agreement (the \"Acquisition Agreement\") pursuant to which High Tide will acquire 100% of the equity interest of J. Supply Holdings Inc., operating as Northern Helm (\"Northern Helm\"), resulting in High Tide's acquisition of four of the six retail cannabis stores currently operated by Northern Helm in Ontario (the \"Stores\") for $7.74 Million (the \"Transaction\"). The Stores are located at 2377 Highway 2 in Bowmanville, 225 Gore Road in Kingston, 1414 King St. E in Courtice, and 199 Wentworth St W in Oshawa. These acquisitions will bring High Tide’s total store count to 228 Canna Cabana locations across Canada and 103 in the province of Ontario.\n\n“This acquisition highlights exactly how we intend to continue creating shareholder value: acquiring strong cash-flowing assets at reasonable multiples, integrating them into our proven operating platform, and compounding earnings over time. Surpassing 100 stores in Ontario will be a significant achievement, but we view it as another step toward our long-term objective of building a 350-plus store network that remains unmatched in scale, efficiency, and customer loyalty,” said Raj Grover, Founder and Chief Executive Officer of High Tide."]
Leadership
Raj Grover (Founder and Chief Executive Officer, Founder of High Tide with extensive experience in the cannabis industry.), Mayank Mahajan (Chief Financial Officer, Over 15 years of expertise in financial services, technology, and corporate governance. Previously worked with Everyday People Financial Corp and Metamaterial Inc.), Kathleen Skerrett (Director, Partner at Gardiner Roberts LLP with expertise in securities law and corporate governance.), Menashe Kestenbaum (Director, Technology entrepreneur and venture capital investor with experience in scaling public companies.), David Wallach (Advisory Board Member, Owner and President of Barclay Street Real Estate Ltd. with extensive experience in commercial real estate.), Filip Ernest (Advisory Board Member, Entrepreneur and digital transformation strategist with over 20 years of experience in technology-driven businesses.)

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