STOCK TITAN

High Tide to Announce First Fiscal Quarter 2025 Financial Results

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags

High Tide Inc. (Nasdaq: HITI) has announced it will release its financial and operational results for Q1 fiscal 2025 (ended January 31, 2025) after market close on March 17, 2025. The company will host a webcast on March 18, 2025, at 11:30 AM ET featuring CEO Raj Grover and CFO Mayank Mahajan to discuss the results.

High Tide operates as the second-largest cannabis retailer globally by store count, with its flagship brand Canna Cabana operating 194 locations across Canada. The company maintains a diversified portfolio including retail operations, consumption accessories e-commerce platforms, CBD sales, and wholesale distribution. High Tide has earned recognition as one of Canada's Top Growing Companies for four consecutive years and ranked first in retail on the Financial Times' Americas' Fastest Growing Companies list for 2023.

High Tide Inc. (Nasdaq: HITI) ha annunciato che pubblicherà i suoi risultati finanziari e operativi per il primo trimestre dell'anno fiscale 2025 (conclusosi il 31 gennaio 2025) dopo la chiusura del mercato il 17 marzo 2025. L'azienda ospiterà un webcast il 18 marzo 2025, alle 11:30 AM ET, con il CEO Raj Grover e il CFO Mayank Mahajan per discutere i risultati.

High Tide è il secondo rivenditore di cannabis al mondo per numero di negozi, con il suo marchio di punta Canna Cabana che opera 194 punti vendita in Canada. L'azienda mantiene un portafoglio diversificato che include operazioni al dettaglio, accessori per il consumo, piattaforme di e-commerce, vendite di CBD e distribuzione all'ingrosso. High Tide è stata riconosciuta come una delle aziende in più rapida crescita in Canada per quattro anni consecutivi e si è classificata al primo posto nel settore retail nella lista delle aziende in più rapida crescita delle Americhe del Financial Times per il 2023.

High Tide Inc. (Nasdaq: HITI) ha anunciado que publicará sus resultados financieros y operativos para el primer trimestre del año fiscal 2025 (que finalizó el 31 de enero de 2025) después del cierre del mercado el 17 de marzo de 2025. La empresa llevará a cabo un webcast el 18 de marzo de 2025, a las 11:30 AM ET, con el CEO Raj Grover y el CFO Mayank Mahajan para discutir los resultados.

High Tide opera como el segundo minorista de cannabis más grande del mundo por número de tiendas, con su marca insignia Canna Cabana que tiene 194 ubicaciones en Canadá. La empresa mantiene un portafolio diversificado que incluye operaciones minoristas, accesorios de consumo, plataformas de comercio electrónico, ventas de CBD y distribución mayorista. High Tide ha sido reconocida como una de las empresas de más rápido crecimiento en Canadá durante cuatro años consecutivos y ocupó el primer lugar en el sector minorista en la lista de las empresas de más rápido crecimiento de las Américas del Financial Times para 2023.

하이 타이드 주식회사 (Nasdaq: HITI)는 2025 회계연도 1분기(2025년 1월 31일 종료)의 재무 및 운영 결과를 2025년 3월 17일 시장 종료 후 발표할 것이라고 발표했습니다. 회사는 2025년 3월 18일 오전 11시 30분(동부 표준시)에 CEO Raj Grover와 CFO Mayank Mahajan가 결과를 논의하는 웹캐스트를 진행할 예정입니다.

하이 타이드는 매장 수 기준으로 세계에서 두 번째로 큰 대마초 소매업체로, 그 기치 브랜드인 Canna Cabana가 캐나다 전역에 194개의 매장을 운영하고 있습니다. 이 회사는 소매 운영, 소비 액세서리, 전자상거래 플랫폼, CBD 판매 및 도매 유통을 포함한 다양한 포트폴리오를 유지하고 있습니다. 하이 타이드는 4년 연속으로 캐나다의 가장 빠르게 성장하는 기업 중 하나로 인정받았으며, 2023년 파이낸셜 타임즈의 아메리카에서 가장 빠르게 성장하는 기업 목록에서 소매 부문 1위를 차지했습니다.

High Tide Inc. (Nasdaq: HITI) a annoncé qu'elle publiera ses résultats financiers et opérationnels pour le premier trimestre de l'exercice 2025 (qui s'est terminé le 31 janvier 2025) après la fermeture du marché le 17 mars 2025. L'entreprise organisera un webinaire le 18 mars 2025 à 11h30 ET avec le PDG Raj Grover et le directeur financier Mayank Mahajan pour discuter des résultats.

High Tide est le deuxième plus grand détaillant de cannabis au monde en termes de nombre de magasins, avec sa marque phare Canna Cabana qui exploite 194 points de vente au Canada. L'entreprise maintient un portefeuille diversifié comprenant des opérations de vente au détail, des accessoires de consommation, des plateformes de commerce électronique, des ventes de CBD et de la distribution en gros. High Tide a été reconnue comme l'une des entreprises à la croissance la plus rapide au Canada pendant quatre années consécutives et a été classée première dans le secteur de la vente au détail sur la liste des entreprises à la croissance la plus rapide des Amériques du Financial Times pour 2023.

High Tide Inc. (Nasdaq: HITI) hat angekündigt, dass es seine finanziellen und operativen Ergebnisse für das erste Quartal des Geschäftsjahres 2025 (endet am 31. Januar 2025) nach Marktschluss am 17. März 2025 veröffentlichen wird. Das Unternehmen wird am 18. März 2025 um 11:30 Uhr ET eine Webcast-Veranstaltung mit CEO Raj Grover und CFO Mayank Mahajan abhalten, um die Ergebnisse zu besprechen.

High Tide ist der zweitgrößte Cannabis-Einzelhändler weltweit nach Anzahl der Geschäfte, mit seiner Hauptmarke Canna Cabana, die 194 Standorte in Kanada betreibt. Das Unternehmen verfügt über ein diversifiziertes Portfolio, das Einzelhandelsbetriebe, Verbrauchszubehör, E-Commerce-Plattformen, CBD-Verkäufe und Großhandelsvertrieb umfasst. High Tide wurde vier Jahre in Folge als eines der am schnellsten wachsenden Unternehmen Kanadas anerkannt und belegte 2023 den ersten Platz im Einzelhandel auf der Liste der am schnellsten wachsenden Unternehmen in Amerika des Financial Times.

Positive
  • Second-largest cannabis retailer globally by store count
  • Extensive retail presence with 194 Canna Cabana locations
  • Recognition as top growing company for 4 consecutive years
  • Ranked #1 in retail on FT's Americas' Fastest Growing Companies 2023
Negative
  • None.

CALGARY, AB, March 11, 2025 /PRNewswire/ - High Tide Inc. ("High Tide" or the "Company") (Nasdaq: HITI) (TSXV: HITI) (FSE: 2LYA), the high-impact, retail-forward enterprise built to deliver real-world value across every component of cannabis, announced today that it will release its financial and operational results for the quarter ended January 31, 2025, after financial markets close on Monday, March 17, 2025. High Tide's first fiscal quarter 2025 financial and operational results will be available on SEDAR+, EDGAR, and on the Company's website at https://hightideinc.com/invest.

Following the release of its first fiscal quarter and operational results, High Tide will host a webcast with Raj Grover, Founder and Chief Executive Officer, and Mayank Mahajan, Chief Financial Officer, to discuss the Company's financial results and what the remaining fiscal year holds for High Tide, at 11:30 AM Eastern Time on Tuesday, March 18, 2025.

Webcast Link for High Tide Earnings Event

https://app.webinar.net/kyn7LBoVo3p

Participants are encouraged to pre-register for the webcast by clicking on the link above prior to the beginning of the live webcast. Three hours after the live webcast, a replay of the webcast will be available at the same link above.

Participants who wish to ask questions during the event may do so through the call-in line, the access information for which is as follows:

North American Toll Free: 1-888-510-2154

International Toll Free (Germany): 498005889782

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 Canada, with 194 current locations spanning British Columbia, Alberta, Saskatchewan, Manitoba, Ontario and growing. In 2021, Canna Cabana became the first cannabis discount club retailer in the world.

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 Canada's Top Growing Companies by the Globe and Mail's Report on Business in 2024 for the fourth consecutive year and was recognized as a top 50 company by the TSX Venture Exchange in 2022, 2024 and 2025. High Tide was also ranked number one in the retail category on the Financial Times list of Americas' Fastest Growing Companies for 2023. To discover the full impact of High Tide, visit www.hightideinc.com. For investment performance, don't miss the High Tide profile pages on SEDAR+ and EDGAR.

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.

CONTACT INFORMATION

Media Inquiries
Carter Brownlee
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 Company releasing its financial results on the timelines indicated herein. 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.

________________________

1 As reported by ATB Capital Markets based on store counts as of February 6, 2025

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/high-tide-to-announce-first-fiscal-quarter-2025-financial-results-302397703.html

SOURCE High Tide Inc.

FAQ

When will High Tide (HITI) release its Q1 2025 financial results?

High Tide will release Q1 2025 results after market close on March 17, 2025, followed by a webcast on March 18 at 11:30 AM ET.

How many Canna Cabana retail locations does High Tide (HITI) currently operate?

High Tide operates 194 Canna Cabana locations across British Columbia, Alberta, Saskatchewan, Manitoba, and Ontario.

What recent recognition has High Tide (HITI) received for its growth?

High Tide was named one of Canada's Top Growing Companies for four consecutive years and ranked first in retail on the Financial Times' Americas' Fastest Growing Companies 2023 list.

What is High Tide's (HITI) global market position in cannabis retail?

High Tide is the second-largest cannabis retailer globally by store count.
High Tide

NASDAQ:HITI

HITI Rankings

HITI Latest News

HITI Stock Data

187.69M
73.73M
8.76%
7.83%
4.8%
Pharmaceutical Retailers
Healthcare
Link
Canada
Calgary