Core Insights - High Tide Inc. will release its financial and operational results for the quarter ended April 30, 2025, on June 16, 2025, after market close [1] - A webcast will be held on June 17, 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 200 locations across Canada [4][10] - 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 and Brand Portfolio - High Tide has a diverse brand roster, including Queen of Bud™, Cabana Cannabis Co™, and Daily High Club™ [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 Insights - High Tide Inc. is set to open its 200th Canna Cabana retail cannabis store in Sherwood Park, Alberta, on June 3, 2025, marking a significant milestone in its growth strategy [1][3] - The new store is strategically located in Sherwood Park Mall, a key retail hub that attracts substantial foot traffic, serving a community with a population exceeding 75,000 [2] Company Growth and Strategy - The company has focused on high-traffic, high-potential locations, avoiding subpar deals that have led to store closures in the cannabis sector, thus ensuring sustainable growth [3] - High Tide's growth has been primarily funded by its own cash flow, with a significant portion driven organically, which is considered rare in the cannabis retail industry [3] - The company aims to surpass 300 stores in Canada, continuing its responsible and strategic approach to growth [3] Retail Operations - High Tide operates the largest cannabis retail chain in Canada, with 200 locations across various provinces, including British Columbia, Alberta, Saskatchewan, Manitoba, and Ontario [4] - The company has introduced innovative retail technology, such as Fastendr™, which enhances the customer buying experience through automated kiosks [5] Brand and Product Diversification - High Tide boasts 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, expanding its product offerings beyond traditional cannabis [6] Industry Recognition - 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 cannabis footprint in Canada with new store openings in Brantford, Ontario, and Calgary, Alberta, bringing its total to 199 Canna Cabana locations across the country [1][6]. Group 1: Store Openings - The Canna Cabana store in Brantford will start selling recreational cannabis products on May 20, 2025, while the Calgary location will open on May 23, 2025 [1]. - The Brantford location is situated in a shopping plaza serving over 110,000 people, with limited competition in the area, making it a strategic entry point for the company [2]. - The Calgary store is located in a rapidly growing area with no competitors within a 4-kilometer radius, surrounded by residential neighborhoods and a shopping plaza [3]. Group 2: Strategic Expansion - The company is focused on reinvesting profits to expand its physical presence in markets with strong long-term potential, as demonstrated by the new store openings [4]. - High Tide aims to accelerate its store rollout, nearing the milestone of 200 Canna Cabana locations, with more locations under construction expected to be announced throughout the year [5]. Group 3: Company Overview - High Tide is recognized as the second-largest cannabis retailer globally by store count, with a diversified and fully integrated operation across all components of cannabis [6]. - Canna Cabana is the largest cannabis retail chain in Canada, with 199 locations across various provinces, and was the first cannabis discount club retailer in the world [6]. - The company 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 [10].

Core Insights - High Tide Inc. is expanding its retail presence with the opening of a new Canna Cabana store in Cornwall, Ontario, set to begin sales on May 12, 2025, bringing the total store count to 197 across Canada and 81 in Ontario [1][4] Group 1: Expansion Strategy - The new store is strategically located beside a national grocery chain in a high-traffic shopping center, targeting a community of over 50,000 people with little local competition [2] - The company aims to reach its milestone of 200 Canna Cabana locations by the end of May 2025, driven by free cash flow and a focus on high-quality real estate [4] Group 2: Market Position - High Tide is recognized as the second-largest cannabis retailer globally by store count, with a diversified and fully integrated operation across all components of cannabis [5] - Canna Cabana is the largest cannabis retail chain in Canada, with a unique loyalty-focused retail model contributing to leading same-store sales in the industry [4][5] Group 3: Innovation and Technology - High Tide employs Fastendr™, a fully automated technology that enhances the buying experience through retail kiosks for browsing, ordering, and pickup [6] - The company operates a suite of leading accessory e-commerce platforms, further diversifying its revenue streams [6] Group 4: Brand Portfolio - High Tide's brand roster includes several consumer-facing brands such as Queen of Bud™, Cabana Cannabis Co™, and Daily High Club™, among others [7] - The company is also involved in the CBD market through various online platforms, expanding its product offerings [7] Group 5: 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 [9]

In the latest market close, High Tide Inc. (HITI) reached $2.41, with a -0.41% movement compared to the previous day. The stock fell short of the S&P 500, which registered a gain of 0.15% for the day. On the other hand, the Dow registered a gain of 0.35%, and the technology-centric Nasdaq decreased by 0.09%.The company's shares have seen an increase of 22.84% over the last month, surpassing the Medical sector's loss of 4.39% and the S&P 500's loss of 0.21%.Investors will be eagerly watching for the performa ...

Core Insights - High Tide Inc. reported CAD $6.8 million in total retail gross revenues during the 4/20 long weekend, marking a 10% increase compared to the previous week [1] - The company launched its largest 4/20 customer appreciation giveaway, awarding a grand prize of CAD $100,000 [2] - The 4/20 giveaway was modified to feature a cash prize instead of a Tesla Model Y, with the winner being an ELITE member from Winnipeg [3] Financial Performance - Total sales during the 4/20 weekend reached CAD $6.8 million, reflecting strong sales momentum across all retail channels [1][4] - The increase in sales indicates a successful customer-first strategy that positions Canna Cabana as a leading retail brand in the cannabis sector [4] Customer Engagement - High Tide has over 1.8 million Cabana Club members, with ELITE memberships growing at an accelerated rate [5] - The annual 4/20 giveaway was open to all legal-age Canadians, reinforcing the company's commitment to customer engagement and loyalty [5] Employee Incentives - High Tide granted 136,000 incentive stock options to employees, consultants, and management, which are exercisable at the closing price of the company's common shares [6] Company Overview - High Tide is the second-largest cannabis retailer globally by store count, with 196 locations across Canada [7] - The company operates various retail and e-commerce platforms, including Canna Cabana and several accessory e-commerce sites [8][9] - High Tide has been recognized as one of Canada's Top Growing Companies and ranked number one in the retail category on the Financial Times list of Americas' Fastest Growing Companies for 2023 [11]

The most recent trading session ended with High Tide Inc. (HITI) standing at $2.29, reflecting a -0.87% shift from the previouse trading day's closing. The stock trailed the S&P 500, which registered a daily gain of 2.51%. Elsewhere, the Dow gained 2.66%, while the tech-heavy Nasdaq added 2.71%. Market participants will be closely following the financial results of High Tide Inc. in its upcoming release. Our most recent consensus estimate is calling for quarterly revenue of $96.73 million, up 5.6% from the ...

Industry Overview - The marijuana stock market is currently facing uncertainty due to the political climate in the USA, making it difficult for investors to have strong convictions about positive market outcomes [1] - There is speculation that improved industry regulations could lead to increased investor confidence and higher share prices for marijuana stocks [2] Trading Dynamics - Trading levels for marijuana stocks are often low and short-lived, with some investors hoping for small bounces in stock prices [2] - Ancillary cannabis stocks have shown stronger trading performance as they do not solely rely on cannabis, making them perceived as safer investments [3] Company Highlights - **Leafly Holdings, Inc.**: Operates as an online cannabis discovery marketplace. Recently received a notice of delisting from Nasdaq due to failure to meet the minimum net income requirement of $500,000 [4][6] - **WM Technology, Inc.**: Provides e-commerce and compliance software solutions for the cannabis market. Reported its Q4 and full-year financial results for 2024 [7][8] - **High Tide Inc.**: Engages in cannabis retail, with plans to open a new retail store, bringing its total to 195 locations. Reported revenue of $47.7 million for Q4 2024, an increase from the previous quarter [10][11] Financial Performance - High Tide's revenue for fiscal year 2024 was $184.5 million, a decrease from $188.0 million in the prior year. However, net income increased to $12.2 million from a net loss of $15.7 million in the prior year [11]

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]

Core Viewpoint - High Tide Inc. is expanding its retail presence with the opening of a new Canna Cabana store in Kitchener, Ontario, which will enhance its market position in the cannabis industry and reflects the company's commitment to disciplined growth amidst a changing macroeconomic environment [1][3][4]. Group 1: Store Expansion and Market Position - The new Canna Cabana store in Kitchener will begin selling recreational cannabis products on April 16, 2025, bringing the total number of Canna Cabana locations to 195 across Canada, with 80 in Ontario [1]. - The store is strategically located in a high-visibility area with a young and growing population, which is expected to drive strong sales and establish Canna Cabana as a leading cannabis retailer in the neighborhood [2]. - Existing locations in Kitchener have outperformed competitors, indicating a positive market reception and potential for continued success with the new store opening [2]. Group 2: Financial Strategy and Shareholder Rights Plan - The company emphasizes the importance of maximizing free cash flow and is prepared to adjust the pace of new store openings to protect its balance sheet and capitalize on strategic opportunities [4]. - High Tide's board has adopted a Shareholder Rights Plan to ensure compliance with cannabis laws and fair treatment of shareholders in the event of a takeover bid, which will be in effect for three years if ratified [5][6]. - The Shareholder Rights Plan has been accepted for filing by the TSX Venture Exchange, pending ratification by shareholders within six months [7]. Group 3: Company Overview and Achievements - High Tide is recognized as the second-largest cannabis retailer globally by store count and operates a fully integrated business model across various components of the cannabis industry [9]. - The company 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 [13].