High Tide Inc. (HITI) closed the most recent trading day at $2.21, moving +1.61% from the previous trading session. This change outpaced the S&P 500's 1.47% gain on the day. On the other hand, the Dow registered a gain of 1.34%, and the technology-centric Nasdaq increased by 1.95%. Coming into today, shares of the company had lost 6.47% in the past month. In that same time, the Medical sector lost 3.76%, while the S&P 500 gained 0.64%. Analysts and investors alike will be keeping a close eye on the performa ...

High Tide Inc. (HITI) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Over the past month, shares of this company have returned -9.4%, compared to the Zacks S&P 500 composite's +2.7% change. During this period, the Zacks Medical - Products industry, which High Tide falls in, has lost 0.8%. The key question now is: What could be the stock's future direction?Although media reports ...

Company Performance - High Tide Inc. (HITI) closed at $2.37, reflecting a -1.66% change from the previous day, underperforming the S&P 500's gain of 0.07% [1] - Over the past month, shares of High Tide Inc. have appreciated by 9.55%, outperforming the Medical sector's gain of 2.39% and the S&P 500's gain of 5.71% [1] Earnings Forecast - High Tide Inc. is expected to report an EPS of -$0.01, indicating a 200% decline compared to the same quarter last year [2] - The consensus estimate for revenue is $106.58 million, representing a 10.97% increase from the prior-year quarter [2] Annual Estimates - For the annual period, the Zacks Consensus Estimates predict an EPS of -$0.05 and revenue of $416.27 million, reflecting changes of -25% and +9.19% respectively from the previous year [3] - Recent revisions to analyst estimates suggest evolving short-term business trends, with positive revisions indicating a favorable business outlook [3] Zacks Rank and Industry Performance - High Tide Inc. currently holds a Zacks Rank of 2 (Buy), with the consensus EPS projection remaining stagnant over the past 30 days [5] - The Medical - Products industry, part of the Medical sector, has a Zacks Industry Rank of 186, placing it in the bottom 25% of over 250 industries [6] - Research indicates that top-rated industries outperform the bottom half by a factor of 2 to 1 [6]

CALGARY, AB, and TORONTO, ON, July 16, 2025 /PRNewswire/ - High Tide Inc. ("High Tide") (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 closed a loan agreement (the "Loan Agreement") with a wholly owned subsidiary of Cronos Group Inc. (Nasdaq: CRON) (TSX: CRON) to secure convertible debt with a principal amount of $30 million (the "Junior Secured Loan").High Tide intends to u ...

Industry Overview - The cannabis industry is experiencing a turbulent period characterized by intense pullbacks and ongoing federal uncertainty, but solid long-term trends may drive major returns for patient investors [1] - Ancillary industries such as cannabis real estate, biotech, and consumer wellness are expected to benefit from the broader ecosystem expansion, making marijuana stock investing appealing as it offers exposure to an emerging, recession-resistant industry with high growth potential [2] Investment Opportunities - Multistate operators (MSOs), cannabis ETFs, REITs, and ancillary marijuana companies are positioned to see significant upside despite the volatility expected in 2025 [3] - The long-term investment case for marijuana stocks remains strong, and investors are encouraged to plan and strategize while weighing risks and rewards [3] Company Highlights - **Village Farms International, Inc. (NASDAQ: VFF)**: Recently regained compliance with Nasdaq's minimum closing bid price requirement of US$1.00 per share [6] - **SNDL Inc. (NASDAQ: SNDL)**: Reported Q1 2025 earnings with net revenue of US$204.914 million, a 3.6% increase from 2024, and gross profit of US$56.641 million, a 12.4% increase [11] - **High Tide Inc. (NASDAQ: HITI)**: Expanded its retail presence with the opening of two new Canna Cabana locations, bringing its total to 202 locations across Canada [13]

Core Insights - High Tide Inc. is expanding its Canna Cabana retail cannabis stores, with new locations opening in Winnipeg and Toronto, increasing its total store count to 202 across Canada [1][4]. Group 1: Store Openings - The Canna Cabana store in Winnipeg will start selling recreational cannabis products on June 27, 2025, while the Toronto location will open on July 1, 2025 [1]. - The Winnipeg store is strategically located in a grocery-anchored plaza with a local population of approximately 10,000 within a 1-kilometer radius, providing access to a new customer base [2]. - The Toronto store is situated in The Well, a mixed-use shopping mall that attracts significant foot traffic, enhancing visibility and accessibility for customers [3]. Group 2: Market Performance - High Tide's stores in Manitoba and Ontario have shown strong performance, with annualized revenue run rates significantly above the national average [4]. - The company emphasizes its differentiated discount club model and loyalty ecosystem as key drivers of its success in these markets [4]. Group 3: Company Overview - High Tide is recognized as the second-largest cannabis retailer globally by store count, with a fully integrated operation across all components of cannabis [5]. - The company operates a suite of leading accessory e-commerce platforms and has a diverse brand roster, including Queen of Bud™ and Cabana Cannabis Co™ [6][7]. - High Tide has been acknowledged 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 [9].

Group 1 - High Tide Inc. reported strong fiscal Q2 results for the February-April period, indicating continued momentum in the Canna Cabana chain [1] - The company is recognized for its focus on small cap investments and aims to identify mispriced securities through understanding financial drivers and DCF model valuation [1] Group 2 - The performance of High Tide Inc. reflects the overall strength of the Canadian cannabis retail market [1]

Group 1 - High Tide Inc. held its Q2 2025 earnings conference call on June 17, 2025, discussing unaudited financial and operational results for the fiscal quarter ending April 30, 2025 [3][4] - The call featured key participants including the CEO, President, and CFO, indicating a focus on leadership insights regarding the company's performance [3][4] - The company emphasized that all earnings discussed are presented on an unaudited basis, highlighting the preliminary nature of the financial results [3][4] Group 2 - The conference call included forward-looking statements regarding management's expectations for future performance, which are based on various assumptions and estimates [4][5] - Specific forward-looking statements covered anticipated results of operations and economic conditions, indicating the company's strategic outlook [5]

Company Performance - High Tide Inc. reported a quarterly loss of $0.03 per share, which was worse than the Zacks Consensus Estimate of a loss of $0.02, marking an earnings surprise of -50% [1] - The company posted revenues of $96.94 million for the quarter ended April 2025, surpassing the Zacks Consensus Estimate by 0.22% and showing an increase from year-ago revenues of $91.6 million [2] - Over the last four quarters, High Tide has surpassed consensus revenue estimates four times, but has only exceeded consensus EPS estimates once [2] Stock Performance - High Tide shares have declined approximately 26.2% since the beginning of the year, contrasting with the S&P 500's gain of 1.6% [3] - The current Zacks Rank for High Tide is 3 (Hold), indicating that the shares are expected to perform in line with the market in the near future [6] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is -$0.02 on revenues of $102.27 million, and for the current fiscal year, it is -$0.07 on revenues of $404.52 million [7] - The estimate revisions trend for High Tide is mixed, and changes in estimates for the coming quarters and current fiscal year are anticipated following the recent earnings report [6][7] Industry Context - High Tide operates within the Zacks Medical - Products industry, which is currently ranked in the bottom 37% of over 250 Zacks industries [8] - The performance of stocks in this industry can be significantly influenced by the overall industry outlook, with research indicating that the top 50% of Zacks-ranked industries outperform the bottom 50% by more than 2 to 1 [8]

Exhibit 99.1 Condensed Interim Consolidated Financial Statements For the three and six months ended April 30, 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 and six months ended April 30, 2025 and 2024 Condensed Interim Consolidated Financial Statements for the three and six months ended April 30, 2025 and 2024. The accompanying unaudited condensed interim consolidated fi ...