High Tide

We’ve been offering some mid-term analysis for main cannabis stocks and now it’s High Tide’s (NASDAQ:HITI) turn. The occasion couldn’t be better, since the stock recently surged 21% in the previous rounds. This price jump signals a bullish resurgence for the cannabis-focused...

Data from Benzinga Pro shows High Tide Inc. (NASDAQ:HITI) shares experienced a significant surge, gaining over 21% in the last two trading sessions, closing at $3.47 on Monday, December 2. This positive performance was reflected in a trading volume of 2,396,045 shares and a market capitalization of...

High Tide Inc. (NASDAQ:HITI), a leading cannabis retail enterprise, announced today the closing of the final tranche of its $15 million subordinated debt facility. This funding marks the completion of the company's previously disclosed plan to issue secured debentures, providing crucial financial...

High Tide Inc. (NASDAQ:HITI), a retail-driven cannabis company, announced Friday that it placed No. 87 out of 417 companies listed on the 2024 Report on Business ranking of Canada's Top Growing Companies. High Tide achieved an impressive three-year revenue growth rate of 486%. This consistent...

While many cannabis retailers in Canada face a tightening market, High Tide Inc. (NASDAQ:HITI) stands out with a robust increase in revenue and market share in its 2024 third-quarter financial results. On Monday, the Calgary-based company reported record revenue of CA$131.7 million ($97 million),...

Alberta-Based, High Tide Inc. (NASDAQ:HITI) (TSXV:HITI) announced that its Cabana Club loyalty program has surpassed 1.5 million members across Canada. Membership has increased by 5% since June 13, 2024, marking an annual growth rate of 37%. Since launching its discount club model in October 2021,...

One of the most discussed concepts in the cannabis industry is diversification—a strategy discussed in depth during a panel on the first day of the Benzinga Cannabis Capital Conference in Florida.  Moderated by Amy Rubenstein, partner at Dentons, the panel gathered industry experts to dissect...

Canadian cannabis company High Tide (NASDAQ: HITI) (TSXV: HITI) (FSE: 2LYA) released Wednesday its second-quarter earnings report revealing revenue of $CA118.1 million ($88.5 million) up by 46% YoY, but flat compared to the previous quarter. “We remain on track towards...

Raj Grover, CEO of High Tide, spoke at the Benzinga Cannabis Capital Conference at the ‘Collision Course: Cannabis & The Future of Retail’ panel. He discussed how High Tide has been successful in dealing with both limited licensing in Canada and a still thriving illicit market. The...

The Benzinga Cannabis Capital Conference, the world's largest gathering of cannabis decision-makers, founders and investors is returning to Miami Beach, Florida on April 11-12, 2023 and Raj Grover, president and CEO of High Tide, will be there. High Tide ...

M&A is down across most industries, yet High Tide (NASDAQ: HITI) remains on the hunt for targets. "Our M&A strategy is a marked departure from other companies," CEO Raj Grover tells Benzinga. The Calgary, Alberta-based company had an active year and will likely keep busy in 2023....

Members of the National Cannabis Industry Association (NCIA), the oldest and largest trade association serving the industry, spent two days lobbying on behalf of the SAFE Banking Act, which would provide cannabis companies access to traditional banking services, reported the...

This post contains sponsored advertising content. This content is for informational purposes only and not intended to be investing advice. Vahan Ajamian, CPA, CA, CFA and Capital Markets Advisor at High Tide Inc. (NASDAQ: HIDI) was a guest speaker at Benzinga’s Cannabis Capital...

The competition ahead in the cannabis market from tobacco, alcohol and pharmaceutical companies was a topic of discussion this week at the Benzinga Cannabis Capital Conference in Miami Beach.  Competition: One area of concern for the cannabis market could be the continued entry of...

In the cannabis market, brands might not be as important in the short term when states legalize, but over time could show loyalty to consumers. Importance of Brands: Cannabis brands need to be consistent and reliable and in the long term could need more of a national scale instead of a single state...