
Company News
High Tide (NASDAQ: HITI) stock surged 13.11% on Tuesday following strong Q2 earnings with record revenue of $130.7 million (up from $96.9 million YoY) and adjusted earnings of 1 cent per share versus a 3-cent loss a year prior. The cannabis retailer also announced the acquisition of four Northern Helm stores in Ontario for approximately 7.74 mill...
High Tide Inc. has secured credit approval from Bank of Montreal for C$40 million in new senior secured credit facilities, consisting of a C$25 million revolving facility and a C$15 million delayed draw term loan. The new facilities will replace the company's existing senior credit facility and provide lower-cost capital for growth initiatives. C...
High Tide Inc. (NASDAQ: HITI) announced it will release its second fiscal quarter 2026 financial and operational results on June 15, 2026, followed by a webcast on June 16, 2026 with CEO Raj Grover and CFO Mayank Mahajan. The company also granted 66,500 incentive stock options to employees. High Tide operates Canna Cabana, the largest cannabis re...
The global medical marijuana market is experiencing rapid growth driven by legalization, clinical adoption, and institutional investment. The market is projected to reach $130 billion by the early-to-mid 2030s from approximately $26-27 billion in 2026, representing over 20% annual growth. Key drivers include expanding legalization worldwide, phar...
High Tide's subsidiary NuLeaf Naturals is pursuing participation in the CMS Innovation Center's Beneficiary Engagement Incentive pilot program, which allows Medicare beneficiaries to receive eligible hemp-derived CBD products at no cost. The program launched on April 1, 2026, and represents a significant opportunity for integration of CBD product...


