High Tide Inc. Archives

StaffSeptember 14, 2023

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 […]

John SchroyerAugust 28, 2023

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 […]

John SchroyerDecember 13, 2022

DEA said earlier this year that seeds are akin to hemp.

Adam JacksonSeptember 14, 2022

CEO: High Tide now sits within striking distance of having the highest revenue of any cannabis company reporting in Canadian dollars.

StaffJune 15, 2022

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. […]

StaffMarch 17, 2022

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 […]

Debra BorchardtMarch 3, 2022

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 […]

Debra BorchardtJanuary 5, 2022

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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Tag: High Tide Inc.

The Daily Hit: September 14, 2023

Green Market Report Finance Awards: Top Investment Analyst Vahan Ajamian

High Tide Begins Selling Cannabis Seeds to US After DEA Signs Off

High Tide Revenue Keeps Rising, With Resilience In M&A, Members Program

High Tide’s Revenue Jumps 98%

High Tide Delivers $72 Million in Revenue For First Quarter

High Tide Buys Crossroads Cannabis For C$2.5 Million

High Tide Buys Bud Room For $2.8 Million

The Daily Hit - TEST TEST TEST

Lykos Therapeutics Secures $100M in Series A Funding, Rebrands from MAPS PBC

Functional Mushrooms Move Into Mainstream as Wellness Trend Grows

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