Welcome to our dedicated page for High Tide news (Ticker: HITI), a resource for investors and traders seeking the latest updates and insights on High Tide stock.
High Tide Inc. (HITI) maintains its position as Canada's leading vertically integrated cannabis retailer through continuous innovation in retail operations and e-commerce solutions. This news hub provides investors and industry observers with essential updates on corporate developments, financial milestones, and strategic initiatives within the evolving cannabis market.
Access authoritative information about HITI's retail expansions, technology implementations like the Fastendr kiosk system, and quarterly performance metrics. Our curated collection features official press releases covering earnings announcements, partnership agreements, product launches, and regulatory compliance updates.
Key focus areas include Canna Cabana store network growth, cannabis accessory innovations, and operational efficiency improvements. Users can track the company's progress in enhancing customer experiences through both physical retail locations and digital platforms while monitoring its competitive positioning within North American markets.
Bookmark this page for streamlined access to verified information about High Tide's business strategies, leadership decisions, and market responses. Regular updates ensure you maintain current awareness of developments affecting this dynamic cannabis enterprise.
High Tide Inc. (Nasdaq: HITI) announced the opening of two new Canna Cabana retail cannabis stores in Ontario. The first location at 3221 Appleby Line in Burlington will open on August 29, 2025, while the second at 1294 Fanshawe Park Road East in London will open on September 4, 2025. These openings will increase High Tide's total store count to 207 locations across Canada, with 86 stores in Ontario.
The Burlington location, anchored by a national hardware store, serves nearly 41,000 residents within a three-kilometer radius. The London store, positioned in a high-growth area with limited competition, reaches over 25,000 residents within a five-minute drive. The company is also preparing to close its Remexian acquisition in Germany, marking its expansion into international markets.
High Tide Inc. (NASDAQ: HITI) announced the expansion of its Canna Cabana retail network with two new locations in Saskatoon, Saskatchewan and Lasalle, Ontario. The Saskatoon store, which began operations on August 18, 2025, is strategically located at 415 Circle Drive East, while the Lasalle location at 2055 Sandwich Parkway West will open on August 25, 2025.
These openings increase High Tide's total store count to 205 Canna Cabana locations across Canada, with 13 in Saskatchewan and 84 in Ontario. The company continues to execute its expansion strategy, with CEO Raj Grover expressing confidence in reaching the higher end of their 2025 target range. High Tide also highlights potential growth opportunities through their German market entry and possible U.S. cannabis reform.
High Tide Inc. (NASDAQ: HITI) has released preliminary guidance for Q3 2025, projecting record-breaking performance. The company expects revenue between $147-150 million, representing 7-9% sequential and 12-14% year-over-year growth, surpassing analyst consensus of $146 million.
The cannabis retailer anticipates Adjusted EBITDA of $9.6-10.6 million, showing 19-31% sequential growth and up to 10% year-over-year increase, significantly above analyst expectations of $8.4 million. Same-store sales growth reached a two-year high of 7.4%. The company also highlighted its recent expansion into Germany through the acquisition of Remexian Pharma GmbH.
High Tide will release full Q3 2025 results on September 15, 2025, after market close, with a conference call scheduled for the following morning.
High Tide Inc. (NASDAQ: HITI) has signed a definitive agreement to acquire a 51% stake in Remexian Pharma GmbH for €27.2 million, marking its entry into Germany's medical cannabis market. Remexian, a leading pharmaceutical company near Berlin, generated €65 million in revenue in the last 12 months and sold 7 tonnes of cannabis flower in Q2 2025, representing 16% of Germany's total imports.
The transaction implies an enterprise value of €53.4 million, representing 3.64x Annualized Adjusted EBITDA. The purchase will be satisfied through 42% in High Tide shares, 29% in cash, and 29% via seller loans. High Tide also secured options to acquire the remaining stake in Remexian.
This strategic acquisition positions High Tide in Germany's rapidly growing medical cannabis market, where patient numbers have increased from 250,000 to nearly 900,000, with annual revenues approaching €1 billion. The deal is expected to add approximately C$100 million in topline revenue and significant EBITDA annually to High Tide's financials.
High Tide Inc. (Nasdaq: HITI) provided several corporate updates, including progress on a significant German medical cannabis transaction that is fully funded through a recent junior secured loan. The company announced the appointment of Sri Pavithra Priyalakshmi as VP of Digital and eCommerce, bringing 11 years of global experience.
High Tide filed a new final base shelf prospectus allowing them to offer up to C$100 million in securities over 25 months, replacing their expiring prospectus. The company emphasized its disciplined approach, noting they only used $4 million of their previous $100 million shelf in the past two years.
Additionally, the company retained IR Agency for investor relations services at a fee of USD $140,000 and will participate in Canaccord Genuity's 45th Annual Growth Conference.
High Tide Inc. (Nasdaq: HITI) has opened a new Canna Cabana retail cannabis store in Drayton Valley, Alberta, marking its 203rd location in Canada and 88th in Alberta. The store is strategically located at 4341 50 Street in a bustling plaza alongside national retailers.
The company announced significant membership growth with Cabana Club exceeding 2 million members and ELITE surpassing 100,000 members. Additionally, High Tide granted 58,500 incentive stock options to employees, exercisable at the TSXV closing price with a three-year expiration and two-year vesting period.
High Tide Inc. (NASDAQ: HITI) has achieved significant milestones in its loyalty programs, surpassing 2 million Cabana Club members and 104,000 ELITE members nationwide, reinforcing its position as Canada's largest bricks-and-mortar cannabis loyalty program.
The company has also filed a preliminary base shelf prospectus that will allow it to offer up to C$100 million in securities over a 25-month period. High Tide currently operates 202 Canna Cabana locations across Canada and plans to expand to over 300 stores. The company maintains a diverse portfolio including retail operations, e-commerce platforms, and wholesale distribution.
[ "Achieved milestone of 2 million Cabana Club members and 104,000 ELITE paid members", "Operates 202 retail locations with plans to expand to over 300 stores", "Named one of Canada's Top Growing Companies for 4 consecutive years", "Ranked #1 in retail category on Financial Times' Americas' Fastest Growing Companies 2023" ]High Tide Inc. (NASDAQ: HITI) has secured a $30 million convertible debt through a loan agreement with Cronos Group Inc. The junior secured loan bears a 4% annual interest rate and has a 5-year term. The debt is convertible into High Tide common shares at $4.20 per share.
As part of the deal, Cronos received a warrant exercisable into 3,836,317 common shares at $3.91 per share, representing a 25% premium to the 30-day VWAP. High Tide plans to use the capital for future acquisitions and organic growth, aiming to expand its Canadian store network beyond 300 locations. The company currently operates 202 Canna Cabana locations across Canada, making it the second-largest cannabis retailer globally by store count.
High Tide Inc. (Nasdaq: HITI) announced the opening of two new Canna Cabana retail cannabis stores, expanding its total network to 202 locations across Canada. The first store, opening June 27, 2025, is located at 1439 Henderson Highway in Winnipeg, Manitoba, becoming the company's 12th location in the province. The second store, opening July 1, 2025, will be situated in The Well shopping mall at 486 Front St. West in Toronto, Ontario, marking the company's 83rd location in Ontario.
The Winnipeg location, positioned near Chief Peguis Trail, serves a population of approximately 10,000 within a 1-kilometer radius. The Toronto location is strategically placed in a high-traffic area adjacent to Wellington Market. Both provinces have demonstrated strong performance, with stores delivering annualized revenue run rates above the national average in March.
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