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. reports developments tied to its cannabis retail, e-commerce and cannabinoid products businesses. The company operates Canna Cabana stores across several Canadian provinces, uses a discount club retail model, and owns online platforms for consumption accessories and hemp-derived CBD products. News commonly covers store openings, financial results, customer-loyalty activity, and the operating performance of its bricks-and-mortar and e-commerce segments.
High Tide updates also address subsidiaries and international activities, including NuLeaf Naturals in U.S. hemp-derived CBD products and Remexian in Germany. Recurring corporate items include financing arrangements, insider ownership, conference participation, governance matters, and company statements related to the trading of its common shares on Nasdaq, TSXV and other markets.
High Tide (Nasdaq/TSXV: HITI) opened a new Canna Cabana store in Welland, Ontario and expects to open another in Calgary, Alberta. These additions bring its footprint to 224 Canna Cabana locations in Canada, including 99 in Ontario and 92 in Alberta.
The Welland store serves over 65,000 residents within five kilometers with limited competition. The Calgary site, expected to open June 26, 2026 pending approval, targets over 60,000 residents within three kilometers and supports High Tide’s discount club model and membership-focused growth strategy.
High Tide (NASDAQ:HITI) will release its second fiscal quarter 2026 financial and operational results for the period ended April 30, 2026, after market close on June 15, 2026. A webcast to discuss results is set for June 16, 2026 at 11:30 AM ET. The company also granted 66,500 employee stock options, exercisable at the prior TSXV closing price, vesting over two years and expiring three years from grant.
High Tide (Nasdaq: HITI) plans to open a new Canna Cabana retail cannabis store at 150 Silver Reign Drive in Toronto's Rexdale area, expected to begin adult-use sales on May 17, 2026.
This location lifts Canna Cabana's footprint to 222 stores in Canada and 98 in Ontario, serving about 263,000 residents within five kilometres. Management highlights its discount-club retail model and Cabana Club loyalty ecosystem as key drivers for market share in Ontario and broader Canada.
High Tide (Nasdaq/TSXV: HITI) reported that officers, directors and consultants, led by the CEO, bought 90,882 common shares on the open market between May 6–8, 2026 at an average price of $3.39. Following these purchases, insiders and certain consultants hold 7,720,360 shares, about 8.8% of outstanding shares. The company also highlighted a $40 million credit facility term sheet with a Big 5 Canadian bank, record quarterly medical cannabis distribution volumes at Remexian, and German market share for Remexian of over 14%.
High Tide (Nasdaq: HITI) signed a term sheet on May 5, 2026 for $40 million of new senior secured credit facilities with a Big 5 Canadian chartered bank, replacing its connectFirst facility. The facilities comprise a $25 million revolver and a $15 million delayed‑draw term loan with closing expected within 60 days.
Terms include interest of Prime+2% to Prime+3% depending on leverage and covenants: Senior Funded Debt/EBITDA <2.0x, Total Funded Debt/EBITDA <3.0x, and Fixed Charge Coverage >1.25x.
High Tide (Nasdaq: HITI) announced it is proactively investigating unusual trading patterns in its common shares, including lower next-day closes following earnings releases. The company will retain forensic market-structure specialists, cooperate with Canadian and U.S. regulators, and invite shareholders to submit relevant information to ir@hightideinc.com.
High Tide (NASDAQ: HITI) opened a new Canna Cabana retail store in Caledonia, Ontario, beginning sales of recreational cannabis and accessories on April 20, 2026. The opening increases the company's footprint to 221 Canna Cabana locations in Canada and 97 in Ontario, and the business cites a 12% Canadian market share for its Canadian bricks-and-mortar operations.
The Caledonia site is positioned at the town's south end near other national retailers and aims to serve Caledonia and surrounding Haldimand County trade areas.
High Tide (Nasdaq: HITI) announced senior executives and advisors will speak at multiple cannabis and investor conferences in Europe and North America between April and June 2026.
Planned appearances include Berlin (April 13–14), New York (May 7, June 2), London (May 26) and Las Vegas (June 17). The company highlights its retail scale (Canna Cabana: 220 Canadian locations, 1 international) and medical distribution reach (Remexian licensed to import from 19 countries).
High Tide (NASDAQ: HITI) said its U.S. CBD subsidiary NuLeaf Naturals intends to pursue participation in CMS Innovation Center's Beneficiary Engagement Incentive (BEI) pilot launching April 1, 2026. The program allows participating ACO REACH and EOM organizations to furnish eligible hemp-derived CBD products to Medicare beneficiaries, up to US$500 per beneficiary per year. CMS may expand BEI to the LEAD Model on Jan 1, 2027. NuLeaf highlights cGMP-certified, FDA-registered manufacturing and product formats aligned to pilot compliance.
High Tide (NASDAQ: HITI) reported record revenue of $178.3M for Q1 FY2026, up 25% YoY, record gross profit of $44.4M (+25% YoY), and Adjusted EBITDA of $11.5M. The company generated $2.9M free cash flow in the quarter and reduced net loss to $0.4M. Retail loyalty membership exceeded 2.58M in Canada, and medical segment momentum increased after the Remexian acquisition.