Marijuana Tech Stocks For The New Age Cannabis InvestorsWhat is going to happen to marijuana stock and when will the sector bounce? This is the long-standing question and roadblock for many who hold shares of cannabis stocks. With the current political climate in the USA, it is not easy to have strong convictions of positive market outcomes. To further explain it is not that volatile pops can not happen as that is happening now. But with many issues in the way for investors and legal operators, it impacts t ...

Core Insights - High Tide Inc. has opened a new Canna Cabana retail cannabis store in Cochrane, Alberta, increasing its total store count to 196 across Canada, with 85 located in Alberta [1][4] - The new store is strategically positioned to serve over 8,000 residents in an area with no current cannabis retail competition, enhancing High Tide's market presence [2][4] - The company is actively pursuing entry into the German medical cannabis market, aiming to become a major importer and distributor of Canadian medical cannabis products [3][5] Company Expansion - The new Cochrane store reflects High Tide's commitment to expanding in markets with strong long-term potential, aiming to become the preferred cannabis retailer for local residents [4] - High Tide's Cabana Club loyalty program is gaining traction, with ELITE signups accelerating, indicating strong brand loyalty and customer engagement [4] - The company has generated $1.7 billion in Canadian cannabis sales since 2018, which has attracted interest from potential partners in Germany [3][5] Market Opportunities - The German medical cannabis market is experiencing rapid growth, with imported dried flower volumes exceeding 70 tons in 2024, more than doubling from the previous year [5] - High Tide is exploring alternative acquisition targets after pausing the Purecan acquisition, aiming to leverage its Canadian sales success to establish a foothold in the German market [5] - The company is focused on delivering an unmatched retail experience and providing value to customers as it expands its operations [4]

CALGARY, AB, April 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 its Canna Cabana retail cannabis store located at 1270 Fischer Hallman Road in Kitchener, Ontario will begin selling recreational cannabis products and consumption accessories for adult use on April 16, 2025. This opening brings High Tide's total s ...

Core Insights - The article serves as an introduction to "The Cannabis Report," which focuses on the cannabis industry and includes insights from an experienced analyst and consultant in the field [1]. Industry Overview - The cannabis industry is highlighted as a growing sector with increasing interest from investors and analysts [1]. - The report aims to provide technical stock analysis, option strategies, small cap strategies, and insights into emerging markets within the cannabis sector [1]. Analyst Background - The analyst has a decade of experience in the cannabis industry and has contributed to notable publications such as High Times Magazine [1]. - A book titled "Cannabis in the Ancient Greek and Roman World" has been published by the analyst, indicating a depth of knowledge in the historical context of cannabis [1].

High Tide Inc. (NASDAQ:HITI) Q1 2025 Earnings Conference Call March 18, 2025 11:30 AM ET Company Participants Carter Brownlee - Communications & Public Affairs Advisor Raj Grover - President & Chief Executive Officer Mayank Mahajan - Chief Financial Officer Conference Call Participants Matt Bottomley - Canaccord Genuity Frederico Gomes - ATB Capital Markets Andrew Semple - Ventum Financial Operator Good morning. My name is Ina, and I will be your conference operator today. At this time, I would like to welc ...

Company Performance - High Tide Inc. reported a quarterly loss of $0.02 per share, which was worse than the Zacks Consensus Estimate of a loss of $0.01, marking an earnings surprise of -100% [1] - The company posted revenues of $100.25 million for the quarter ended January 2025, exceeding the Zacks Consensus Estimate by 4.46% and showing an increase from $94.76 million year-over-year [2] - Over the last four quarters, High Tide has surpassed consensus EPS estimates two times and topped consensus revenue estimates three times [2] Stock Outlook - High Tide shares have declined approximately 23.6% since the beginning of the year, compared to a decline of -4.1% for the S&P 500 [3] - The current consensus EPS estimate for the upcoming quarter is -$0.01 on revenues of $100.85 million, and for the current fiscal year, it is -$0.04 on revenues of $413.24 million [7] Industry Context - The Medical - Products industry, to which High Tide belongs, is currently ranked in the bottom 44% of over 250 Zacks industries, indicating potential challenges for stock performance [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could impact High Tide's stock performance [5]

Exhibit 99.1 Condensed Interim Consolidated Financial Statements For the three months ended January 31, 2025 and 2024 (Stated in thousands of Canadian dollars, except share and per share amounts) (Unaudited) High Tide Inc. Condensed Interim Consolidated Financial Statements For the three months ended January 31, 2025 and 2024 Condensed Interim Consolidated Statements of Financial Position Condensed Interim Consolidated Financial Statements for the three months ended January 31, 2025 and 2024. The accompanyi ...

Financial Performance - Revenue for the first fiscal quarter of 2025 reached $142.5 million, marking an 11% increase year over year and a 3% increase sequentially, setting an all-time record [3][4] - Gross profit was $35.4 million, with a gross profit margin of 25%, down from 28% year over year [7][9] - The company reported a net loss of $2.7 million, compared to break-even in the prior year [7][9] Operational Highlights - Same store sales increased by 5% year over year, the fastest growth rate in the past four quarters [4][5] - The Cabana Club loyalty program surpassed 5.66 million global members, with Canadian membership exceeding 1.76 million, a 33% increase year over year [4][14] - The company held an 18% market share in Alberta and 10% in Ontario during November and December 2024 [4] Strategic Initiatives - The company is expanding its Cabana Club loyalty program globally, with a focus on international markets, including the German medical cannabis market [6][16] - Plans to open an additional 20-30 locations in Canada during calendar 2025, aiming for a total of 300 locations [13] - The company has launched 29 SKUs under the Queen of Bud brand since its acquisition in March 2024 [8] Market Position - High Tide remains the highest revenue-generating cannabis company reporting in Canadian dollars, with its bricks-and-mortar segment accounting for 95% of consolidated revenue [4][27] - The company has been recognized as a top 50 company by the TSX Venture Exchange for two consecutive years and ranked number one in the retail category on the Financial Times list of Americas' Fastest Growing Companies for 2023 [31]

Core Insights - High Tide Inc. will release its financial and operational results for the quarter ended January 31, 2025, on March 17, 2025, after market close [1] - A webcast will be held on March 18, 2025, at 11:30 AM Eastern Time to discuss the results and future outlook [2] Company Overview - High Tide is a leading retail-forward cannabis enterprise and the second-largest cannabis retailer globally by store count, with 194 locations across Canada [4][11] - The company operates various components of the cannabis industry, including retail, e-commerce, and wholesale distribution [4][5][6] Retail Operations - Canna Cabana™ is the largest cannabis retail chain in Canada and was the first cannabis discount club retailer globally [4] - High Tide employs Fastendr™, an automated technology for a better retail experience [5] Product Offerings - High Tide has a diverse brand portfolio, including Queen of Bud™, Cabana Cannabis Co™, and Daily High Club™, among others [6] - The company is also involved in the CBD market through various platforms [6] Recognition and Growth - High Tide has been recognized as one of Canada's Top Growing Companies for four consecutive years and ranked number one in the retail category on the Financial Times list of Americas' Fastest Growing Companies for 2023 [8]

Core Viewpoint - High Tide Inc. is expanding its retail presence in Ontario with the opening of two new Canna Cabana locations, enhancing accessibility to recreational cannabis products for both locals and tourists [1][4]. Group 1: New Store Openings - The Canna Cabana store in Collingwood, ON will start selling recreational cannabis products on March 13, 2025, while the Cambridge, ON location will open on March 17, 2025 [1]. - These openings will be the 193rd and 194th Canna Cabana locations in Canada, and the 78th and 79th in Ontario [1]. Group 2: Strategic Location Benefits - The Collingwood store is strategically located in a high-traffic area, attracting approximately 400,000 unique visitors annually, and serves as the first cannabis store encountered by travelers entering the town [2]. - The Cambridge store is positioned at a major intersection with a strong residential base and limited competition, benefiting from significant foot traffic from nearby commercial establishments [3]. Group 3: Company Commitment and Vision - The CEO of High Tide expressed excitement about the expansion, emphasizing the commitment to making legal cannabis more accessible and affordable across Canada [4]. - High Tide aims to enhance the shopping experience through its innovative discount club model and exclusive member benefits, reinforcing its position as a leading cannabis retailer [5]. Group 4: Company Overview - High Tide is recognized as the second-largest cannabis retailer globally by store count, with a focus on community-driven, retail-forward operations [7]. - The company operates the largest cannabis retail chain in Canada, with 194 locations across various provinces, and was the first cannabis discount club retailer in the world [7]. Group 5: Additional Company Initiatives - High Tide is also involved in retail innovation through its Fastendr technology, which enhances the buying experience via automated kiosks [8]. - The company operates several e-commerce platforms for cannabis consumption accessories and continues to explore opportunities in the CBD market [9][10].