High Tide Announces Change of Auditors
High Tide Inc. (Nasdaq: HITI) has announced a change in its auditors effective April 17, 2025. The company has transitioned from Ernst & Young LLP to Davidson & Company LLP following the resignation of the former at the company's request. The change was approved by the board of directors upon the audit committee's recommendation.
High Tide, the second-largest cannabis retailer globally by store count, operates Canna Cabana, Canada's largest cannabis retail chain with 196 locations. The company maintains a diverse portfolio including retail innovation through Fastendr™ technology, e-commerce platforms for accessories, and various cannabis-related brands. High Tide has been recognized among Canada's Top Growing Companies by the Globe and Mail for four consecutive years and ranked first in the retail category on the Financial Times list of Americas' Fastest Growing Companies for 2023.
High Tide Inc. (Nasdaq: HITI) ha annunciato un cambio di revisori contabili a partire dal 17 aprile 2025. L'azienda ha sostituito Ernst & Young LLP con Davidson & Company LLP, a seguito delle dimissioni della prima su richiesta della società. Il cambiamento è stato approvato dal consiglio di amministrazione su raccomandazione del comitato di revisione.
High Tide, il secondo più grande rivenditore di cannabis al mondo per numero di negozi, gestisce Canna Cabana, la più grande catena di vendita al dettaglio di cannabis in Canada con 196 punti vendita. L'azienda vanta un portafoglio diversificato che include innovazioni nel retail tramite la tecnologia Fastendr™, piattaforme e-commerce per accessori e vari marchi legati alla cannabis. High Tide è stata riconosciuta tra le Top Growing Companies del Canada dal Globe and Mail per quattro anni consecutivi ed è stata classificata prima nella categoria retail nella lista Financial Times delle aziende a più rapida crescita nelle Americhe nel 2023.
High Tide Inc. (Nasdaq: HITI) ha anunciado un cambio en sus auditores efectivo a partir del 17 de abril de 2025. La compañía ha cambiado de Ernst & Young LLP a Davidson & Company LLP tras la renuncia de la primera a solicitud de la empresa. El cambio fue aprobado por el consejo de administración siguiendo la recomendación del comité de auditoría.
High Tide, el segundo minorista de cannabis más grande del mundo por número de tiendas, opera Canna Cabana, la cadena de tiendas de cannabis más grande de Canadá con 196 ubicaciones. La empresa mantiene un portafolio diverso que incluye innovación en retail a través de la tecnología Fastendr™, plataformas de comercio electrónico para accesorios y varias marcas relacionadas con el cannabis. High Tide ha sido reconocida entre las Top Growing Companies de Canadá por Globe and Mail durante cuatro años consecutivos y se ubicó en primer lugar en la categoría de retail en la lista de Financial Times de las empresas de más rápido crecimiento en América para 2023.
High Tide Inc. (나스닥: HITI)는 2025년 4월 17일부터 감사인이 변경됨을 발표했습니다. 회사는 요청에 따라 Ernst & Young LLP에서 Davidson & Company LLP로 감사인을 교체했습니다. 이번 변경은 감사위원회의 권고에 따라 이사회에서 승인되었습니다.
High Tide는 매장 수 기준으로 전 세계에서 두 번째로 큰 대마초 소매업체로, 캐나다 최대 대마초 소매 체인인 Canna Cabana를 196개 매장으로 운영하고 있습니다. 회사는 Fastendr™ 기술을 통한 소매 혁신, 액세서리 전자상거래 플랫폼, 다양한 대마초 관련 브랜드 등 다양한 포트폴리오를 유지하고 있습니다. High Tide는 Globe and Mail이 선정한 캐나다의 Top Growing Companies에 4년 연속 이름을 올렸으며, 2023년 Financial Times의 아메리카 지역 가장 빠르게 성장하는 기업 리스트에서 소매 부문 1위를 차지했습니다.
High Tide Inc. (Nasdaq : HITI) a annoncé un changement d'auditeurs à compter du 17 avril 2025. La société est passée d'Ernst & Young LLP à Davidson & Company LLP suite à la démission de la première à la demande de l'entreprise. Ce changement a été approuvé par le conseil d'administration sur recommandation du comité d'audit.
High Tide, le deuxième plus grand détaillant de cannabis au monde en nombre de magasins, exploite Canna Cabana, la plus grande chaîne de vente au détail de cannabis au Canada avec 196 points de vente. L'entreprise dispose d'un portefeuille diversifié incluant des innovations dans le commerce de détail grâce à la technologie Fastendr™, des plateformes e-commerce pour accessoires, ainsi que diverses marques liées au cannabis. High Tide a été reconnue parmi les Top Growing Companies du Canada par le Globe and Mail pendant quatre années consécutives et s'est classée première dans la catégorie commerce de détail sur la liste Financial Times des entreprises à la croissance la plus rapide des Amériques en 2023.
High Tide Inc. (Nasdaq: HITI) hat mit Wirkung zum 17. April 2025 einen Wechsel der Wirtschaftsprüfer bekanntgegeben. Das Unternehmen hat auf Wunsch der Gesellschaft von Ernst & Young LLP zu Davidson & Company LLP gewechselt. Die Änderung wurde vom Vorstand auf Empfehlung des Prüfungsausschusses genehmigt.
High Tide, der weltweit zweitgrößte Cannabis-Einzelhändler nach Filialanzahl, betreibt Canna Cabana, Kanadas größte Cannabis-Einzelhandelskette mit 196 Standorten. Das Unternehmen verfügt über ein vielfältiges Portfolio, darunter Einzelhandelsinnovationen durch die Fastendr™-Technologie, E-Commerce-Plattformen für Zubehör und verschiedene Cannabis-Marken. High Tide wurde vier Jahre in Folge von der Globe and Mail als eines der am schnellsten wachsenden Unternehmen Kanadas ausgezeichnet und belegte 2023 in der Einzelhandelskategorie der Financial Times-Liste der am schnellsten wachsenden Unternehmen Amerikas den ersten Platz.
- Second-largest cannabis retailer globally by store count
- Largest cannabis retail chain in Canada with 196 locations
- Recognized as one of Canada's Top Growing Companies for four consecutive years
- Ranked #1 in retail category on Financial Times' Americas' Fastest Growing Companies 2023
- Change of auditors could signal potential internal changes or restructuring
The change of auditor notice required pursuant to National Instrument 51-102 – Continuous Disclosure Obligations ("NI 51-102") and associated material have been filed on SEDAR+ (www.sedarplus.ca) under the Company's profile within the prescribed time period. There were no reservations or modified opinions in any auditor's reports nor any reportable events as defined in NI 51-102 in connection with the audits by the Predecessor Auditor of the Company's most recently completed financial year or any subsequent period.
ABOUT HIGH TIDE
High Tide, Inc. is the leading community-grown, retail-forward cannabis enterprise engineered to unleash the full value of the world's most powerful plant and is the second-largest cannabis retailer globally by store count1. High Tide (HITI) is uniquely-built around the cannabis consumer, with wholly-diversified and fully-integrated operations across all components of cannabis, including:
Bricks & Mortar Retail: Canna Cabana™ is the largest cannabis retail chain in
Retail Innovation: Fastendr™ is a unique and fully automated technology that employs retail kiosks to facilitate a better buying experience through browsing, ordering and pickup.
Consumption Accessories: High Tide operates a suite of leading accessory e-commerce platforms across the world, including Grasscity.com, Smokecartel.com, Dailyhighclub.com, and Dankstop.com.
Brands: High Tide's industry-leading and consumer-facing brand roster includes Queen of Bud™, Cabana Cannabis Co™, Daily High Club™, Vodka Glass™, Puff Puff Pass™, Dopezilla™, Atomik™, Hue™, Evolution™ and more.
CBD: High Tide continues to cultivate the possibilities of consumer CBD through Nuleafnaturals.com, FABCBD.com, blessedcbd.de and blessedcbd.co.uk.
Wholesale Distribution: High Tide keeps that cannabis category stocked with wholesale solutions via Valiant™.
Licensing: High Tide continues to push cannabis culture forward through fresh partnerships and license agreements under the Famous Brandz™ name.
High Tide consistently moves ahead of the currents, having been named one of
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.
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CONTACT INFORMATION
Media Inquiries
Carter
Communications and Public Affairs Advisor
High Tide Inc.
cbrownlee@hightideinc.com
403-770-3080
Investor Inquiries
Vahan Ajamian
Capital Markets Advisor
High Tide Inc.
vahan@hightideinc.com
CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS
This press release may contain "forward-looking information" and "forward-looking statements within the meaning of applicable securities legislation. The use of any of the words "could", "intend", "expect", "believe", "will", "projected", "estimated" and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Company's current belief or assumptions as to the outcome and timing of such future events. The forward-looking statements herein include, but are not limited to, statements regarding: the approval of the shareholders at the annual meeting. Readers are cautioned to not place undue reliance on forward-looking information. Actual results and developments may differ materially from those contemplated by these statements. Although the Company believes that the expectations reflected in these statements are reasonable, such statements are based on expectations, factors, and assumptions concerning future events which may prove to be inaccurate and are subject to numerous risks and uncertainties, certain of which are beyond the Company's control, including but not limited to the risk factors discussed under the heading "Non-Exhaustive List of Risk Factors" in Schedule A to our current annual information form, and elsewhere in this press release, as such factors may be further updated from time to time in our periodic filings, available at www.sedarplus.ca and www.sec.gov, which factors are incorporated herein by reference. Forward-looking statements contained in this press release are expressly qualified by this cautionary statement and reflect the Company's expectations as of the date hereof and are subject to change thereafter. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, estimates or opinions, future events or results, or otherwise, or to explain any material difference between subsequent actual events and such forward-looking information, except as required by applicable law.
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SOURCE High Tide Inc.
FAQ
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