Tag: High Tide Inc.

StaffSeptember 14, 2023
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BusinessDaily Hit

The Daily Hit: September 14, 2023

5min00
The Daily Hit is a recap of the top financial news stories for Sept. 14, 2023. On the Site Canopy Growth Bows out of BioSteel Canopy Growth Corp. (TSX: WEED) (Nasdaq: CGC) will cease funding for its BioSteel Sports Nutrition unit. Following this, BioSteel has initiated proceedings under Canada’s Companies’ Creditors Arrangement Act. Read more […]
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John SchroyerAugust 28, 2023
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BusinessPublicSpotlight

Green Market Report Finance Awards: Top Investment Analyst Vahan Ajamian

3min01
On August 3, Green Market Report hosted its 2023 Finance Summit. At the Summit, the winners of the 2023 GMR Cannabis Finance Awards were announced. The winner of the Top Investment Analyst in Cannabis was Vahan Ajamian of High Tide Inc. (Nasdaq: HITI) (TSXV: HITI) (FSE: 2LYA), which operates primarily in Canada but also has cannabis interests in […]
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StaffJune 15, 2022
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BusinessPublic

High Tide’s Revenue Jumps 98%

5min00
After the market closed on Tuesday, High Tide Inc. (NASDAQ: HITI) (TSXV: HITI) released its financial results for the second fiscal quarter of 2022 ending April 30, 2022. Revenue for High Tide increased to $81.0 million versus $40.9 million in the same quarter last year. Sequentially, revenue increased by 12% compared to the first fiscal quarter. […]
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StaffMarch 17, 2022
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Business

High Tide Delivers $72 Million in Revenue For First Quarter

4min00
High Tide Inc. (NASDAQ: HITI) (TSXV: HITI) reported its financial results for the first fiscal quarter of 2022, ending January 31, 2022. Revenue increased to $72.2 million in the first quarter of 2022 compared to $38.3 million in the same quarter last year. Sequentially, revenue increased by 34% compared to the fourth quarter of 2021. The […]
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Debra BorchardtMarch 3, 2022
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Business

High Tide Buys Crossroads Cannabis For C$2.5 Million

4min00
High Tide Inc.  (Nasdaq: HITI) is buying four operating retail cannabis stores in Ontario under the name Crossroads Cannabis, for C$2.5 million in an all-stock deal. In the latest quarter, Crossroads generated annualized revenue of C$7.6 Million and annualized Adjusted EBITDA of C$0.7 Million. The purchase price represents 3.5x annualized Adjusted EBITDA for the three […]
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Debra BorchardtJanuary 5, 2022
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Business

High Tide Buys Bud Room For $2.8 Million

5min00
High Tide Inc. (TSXV: HITI) (Nasdaq: HITI) is buying Bud Room Inc. in a deal valued at C$3.6 million or $2.8 million based on today’s currency exchange. The acquisition will also include all rights to the customized Fastendr retail kiosk and smart locker technology and Bud Room’s retail cannabis store located at 1910 St. Laurent […]
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The Green Market Report focuses on the financial news of the rapidly growing cannabis industry. Our target approach filters out the daily noise and does a deep dive into the financial, business and economic side of the cannabis industry. Our team is cultivating the industry’s critical news into one source and providing open source insights and data analysis

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