CALGARY, AB, Jan. 9, 2026 /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 guarter and year ended October 31, 2025, after financial markets close on Thursday, January 29, 2026, High Tide's fourth fiscal quarter and year end 2025 financial and operational results ...

EDMONTON, Alberta and TORONTO, Jan. 07, 2026 (GLOBE NEWSWIRE) -- SNDL Inc. (Nasdaq: SNDL, CSE: SNDL) (“SNDL”) and 1CM Inc. (CSE: EPIC) (OTCQB: MILFF) (FSE: IQ70) (“1CM”) are pleased to announce that SNDL has completed the acquisition of 5 cannabis retail stores located in Alberta and Saskatchewan from 1CM. The transaction represents the completion of the first closing pursuant to the amended and restated arrangement agreement dated December 15, 2025 (the “A&R Arrangement Agreement”). As previously announced ...

Group 1 - Pomerantz LLP is investigating claims on behalf of investors of SNDL Inc. regarding potential securities fraud or unlawful business practices by the company and its officers/directors [1] - On December 15, 2025, SNDL announced an amendment to its agreement to acquire 32 cannabis retail stores from 1CM, maintaining a total purchase price of $32.2 million in cash, but splitting the acquisition into two closings for regulatory approval [2] - Following the announcement of the amended acquisition agreement, SNDL's stock price fell by $0.29 per share, or 13.12%, closing at $1.92 per share on December 15, 2025 [3]

Core Insights - Curaleaf Holdings, Inc. has relocated its Bradford, Pennsylvania dispensary to a new, expanded location in Erie, Pennsylvania, now known as Curaleaf Millcreek, maintaining a total of 18 stores in Pennsylvania and 159 locations nationwide [1][3] Group 1: New Location and Features - Curaleaf Millcreek is located at 4934 West Ridge Road, Erie, PA 16506, and offers a modernized retail environment designed to enhance the shopping experience with an improved layout and streamlined ordering process [2] - The new dispensary aims to provide a more convenient and welcoming experience for patients while expanding access to Curaleaf's trusted brands and innovative products [3] Group 2: Product Offerings - Curaleaf Millcreek will feature a wide range of high-quality products from Curaleaf's portfolio, including brands like Grassroots, Dark Heart, Find, and Select, catering to various wellness preferences and lifestyle needs [3] Group 3: Grand Opening Event - To celebrate the new location, Curaleaf will host a grand opening event on December 27, 2025, featuring giveaways, special promotions, and gifts with purchase [4]

Core Insights - High Tide Inc. has achieved significant milestones in 2025, including surpassing 200 stores and entering the German medical cannabis market, while maintaining strong financial performance [1][2][3] Company Performance - The company reported over $2 billion in cumulative sales since cannabis legalization in Canada, with an annualized revenue run-rate of $600 million as of the last reported quarter [3][4] - High Tide ended 2025 with an annualized Adjusted EBITDA run-rate exceeding $42 million, driven by a 7.4% increase in same-store sales in Q3 2025 [4] - The retail sales per square foot across the Canna Cabana store network reached $1,735, outperforming many leading retailers [4] Market Position - High Tide holds a 12% market share in the retail cannabis sector across five Canadian provinces, reinforcing its position as a market leader [4][6] - The company added 27 new Canna Cabana locations in Canada in 2025, achieving its goal of opening 20 to 30 locations [4] Brand and Loyalty Program - The Cabana Club membership surpassed 2.4 million members, including 139,000 ELITE members, making it the largest cannabis loyalty program globally [4] - High Tide's Canna Cabana brand is recognized as the most prominent cannabis retail brand in Canada, with 218 stores [4][6] International Expansion - The company successfully entered the German medical cannabis market by acquiring a majority stake in Remexian Pharma GmbH, positioning itself as a major importer and distributor in Germany [4][7] - High Tide aims to expand its global footprint and strengthen its brand presence, with potential future expansion into the United States [3][4]

Core Viewpoint - High Tide Inc. will participate in the ICR Conference in Orlando, Florida, which is a significant validation of its business and strategy, showcasing its recognition as a leading retail platform in the cannabis industry [2][3]. Group 1: Company Participation and Events - High Tide will host two days of meetings with institutional investors at the ICR Conference, with CEO Raj Grover participating in a fireside chat on January 13, 2026 [1]. - The ICR Conference is described as a selective, invitation-only forum that connects leading consumer and retail companies with sophisticated institutional investors [2]. Group 2: Business Momentum and Growth - The company is entering 2026 with strong momentum following a record-setting 2025, and the ICR Conference is the first of several major investor conferences planned for the year [3]. - Engaging with large institutional investors at such forums allows High Tide to highlight the strength of its retail model and long-term growth opportunities [3]. Group 3: Company Overview and Market Position - High Tide is a leading community-grown, retail-forward cannabis enterprise, with its subsidiary Canna Cabana being the second-largest cannabis retail brand globally [4]. - Canna Cabana operates 218 domestic and 1 international location, holding a growing 12% market share in Canada [4]. - The company has been recognized as one of Canada's Top Growing Companies for five consecutive years and ranked number one in the retail category on the Financial Times list of Americas' Fastest Growing Companies for 2023 [6].

Core Insights - High Tide Inc. will participate in the ICR Conference in Orlando, Florida, hosting meetings with institutional investors, with CEO Raj Grover scheduled for a fireside chat on January 13, 2026 [1][3] Company Overview - High Tide is a leading retail-forward cannabis enterprise, with its subsidiary Canna Cabana being the second-largest cannabis retail brand globally, operating 218 locations in Canada and 1 internationally, holding a 12% market share [4] - The company has diversified operations across all components of cannabis, including retail and medical cannabis distribution through its subsidiary Remexian Pharma GmbH, which imports medical cannabis products from 19 countries [5] Recognition and Growth - High Tide has been recognized as one of Canada's Top Growing Companies for five consecutive years and ranked number one in the retail category on the Financial Times list of Americas' Fastest Growing Companies for 2023 [6]

Core Viewpoint - Blum Holdings, Inc. has successfully acquired a high-volume cannabis retail dispensary in Northern California, enhancing its market presence and operational capabilities in the cannabis sector [1][2][3]. Company Overview - Blum Holdings is a publicly traded holding company based in California, focusing on the cannabis industry with a commitment to quality, innovation, and customer service [4]. - The company operates leading dispensaries throughout California and owns several prominent brands, including Korova, known for its high potency products [4]. Acquisition Details - The acquired dispensary has a strong local customer base and generated approximately $12.0 million in annual revenue, indicating its established market position [2]. - The acquisition was completed through a stock purchase agreement involving a combination of cash and equity consideration, with all closing conditions satisfied [3]. Strategic Focus - The CEO of Blum Holdings emphasized the acquisition as part of a disciplined growth strategy, aiming to acquire durable retail assets with real revenue and customers [3]. - The company is positioned to benefit from improved execution at the asset level and favorable structural trends in the U.S. cannabis industry [3]. Regulatory Context - The evolving regulatory landscape at the federal level, including discussions on potential reclassification of cannabis, is seen as an opportunity for compliant retail operators to capitalize on market development [4].

Core Points - SNDL Inc. and 1CM Inc. have entered into an amended and restated arrangement agreement to acquire 32 cannabis retail stores for a total purchase price of $32.2 million in cash [1][3] Group 1: Transaction Details - The transaction will be completed in two stages: the first closing will involve 5 stores in Alberta and Saskatchewan, while the second closing will involve 27 stores in Ontario [2] - The purchase price for the first closing is set at $5.0 million, and for the second closing at $27.2 million, with the total purchase price remaining unchanged [3] - The deadline for completing the transaction has been extended from December 31, 2025, to May 31, 2026 [2] Group 2: Shareholder and Court Approvals - 1CM's shareholders voted overwhelmingly in favor of the transaction, and a final court order was obtained on June 18, 2025 [4] - A court hearing is scheduled for January 5, 2026, to seek approval for the amendments to the transaction [4] Group 3: Financial Implications - 1CM plans to return a portion of the net proceeds from the transaction to its shareholders after the second closing [5] - The net proceeds from the first closing are expected to cover transaction costs and working capital [5] Group 4: Company Backgrounds - SNDL Inc. is one of the largest vertically integrated cannabis companies in Canada, with a diverse portfolio of retail brands and products [6] - 1CM Inc. operates cannabis and liquor retail locations and aims to continue expanding through organic growth and future mergers and acquisitions [7]

Core Insights - Ascend Wellness Holdings, Inc. has announced a partnership with Mister Jones, LLC to open a new cannabis dispensary in New Jersey, marking a significant milestone under the state's Assembly Bill A4151 [1][3] - The dispensary is set to open on December 19, 2025, and will focus on providing education and accessibility in the cannabis shopping experience [1][5] Company Overview - Ascend Wellness Holdings, Inc. is a vertically integrated cannabis operator with assets across multiple states, including Illinois, Maryland, Massachusetts, Michigan, New Jersey, Ohio, and Pennsylvania [6] - The company produces and distributes a variety of cannabis products under several brands, including Simply Herb, Ozone, and Royale [6] Partnership Details - The partnership with Lerone Jones, a long-time advocate for adult-use cannabis, aims to enhance investment opportunities for diversely-owned businesses in the cannabis sector [1][2] - Ascend will provide funding, product flow, and operational support to ensure the success of the new dispensary [1][3] Social Equity Commitment - Ascend is committed to social equity in the cannabis industry, demonstrated through initiatives like the CO-LAB for Social Equity, which focuses on restorative justice and community reinvestment [4] - The company aims to create pathways to success for minority-owned businesses through mentorship and funding [4]