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High Tide to Announce Fourth Fiscal Quarter and Full Fiscal Year 2024 Financial Results

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High Tide Inc. (Nasdaq: HITI) has announced it will release its financial and operational results for Q4 and full fiscal year 2024 after market close on January 29, 2025. The company will host a webcast on January 30, 2025, at 11:30 AM Eastern Time, featuring CEO Raj Grover and CFO Mayank Mahajan to discuss results and 2025 plans.

High Tide operates as the second-largest cannabis retailer globally by store count, with its flagship Canna Cabana chain comprising 191 locations across Canada. The company maintains a diversified portfolio including retail automation technology Fastendr™, multiple e-commerce platforms for accessories, CBD operations, and wholesale distribution. 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' Americas' Fastest Growing Companies list for 2023.

High Tide Inc. (Nasdaq: HITI) ha annunciato che presenterà i suoi risultati finanziari e operativi per il quarto trimestre e l'intero anno fiscale 2024 dopo la chiusura del mercato il 29 gennaio 2025. L'azienda ospiterà un webcast il 30 gennaio 2025, alle 11:30 AM ora orientale, con il CEO Raj Grover e il CFO Mayank Mahajan per discutere i risultati e i piani per il 2025.

High Tide opera come il secondo rivenditore di cannabis più grande al mondo per numero di negozi, con la sua catena di boutique Canna Cabana che comprende 191 punti vendita in tutto il Canada. L'azienda mantiene un portafoglio diversificato che comprende la tecnologia di automazione al dettaglio Fastendr™, molteplici piattaforme di e-commerce per accessori, operazioni CBD e distribuzione all'ingrosso. High Tide è stata riconosciuta tra le aziende canadesi a maggiore crescita dal Globe and Mail per quattro anni consecutivi e si è classificata al primo posto nella categoria retail della lista delle aziende a crescita più rapida delle Americhe del Financial Times per il 2023.

High Tide Inc. (Nasdaq: HITI) ha anunciado que publicará sus resultados financieros y operativos para el cuarto trimestre y el año fiscal completo 2024 después del cierre del mercado el 29 de enero de 2025. La empresa celebrará un webcast el 30 de enero de 2025, a las 11:30 AM hora del Este, con el CEO Raj Grover y el CFO Mayank Mahajan para discutir los resultados y los planes para 2025.

High Tide opera como el segundo minorista de cannabis más grande del mundo por número de tiendas, con su cadena insignia Canna Cabana que comprende 191 ubicaciones en todo Canadá. La empresa tiene un portafolio diversificado que incluye la tecnología de automatización minorista Fastendr™, múltiples plataformas de comercio electrónico para accesorios, operaciones de CBD y distribución mayorista. High Tide ha sido reconocida entre las empresas de más rápido crecimiento de Canadá por el Globe and Mail durante cuatro años consecutivos y se clasificó en primer lugar en la categoría minorista de la lista de las empresas de más rápido crecimiento de América del Financial Times para 2023.

High Tide Inc. (Nasdaq: HITI)는 2025년 1월 29일 장 마감 후 2024년 4분기 및 전체 회계 연도의 재무 및 운영 결과를 발표할 것이라고 발표했습니다. 회사는 2025년 계획과 결과를 논의하기 위해 CEO Raj Grover와 CFO Mayank Mahajan가 참석하는 웹캐스트를 2025년 1월 30일 오전 11:30 동부 표준시(EST)에 개최할 예정입니다.

High Tide는 매장 수 기준 세계에서 두 번째로 큰 대마초 소매업체로, 주요 브랜드인 Canna Cabana가 캐나다 전역에 191개의 매장을 운영하고 있습니다. 이 회사는 Fastendr™ 소매 자동화 기술, 액세서리용 다양한 전자상거래 플랫폼, CBD 운영 및 도매 유통을 포함한 다양화된 포트폴리오를 보유하고 있습니다. High Tide는 Globe and Mail에 의해 4년 연속 캐나다의 가장 빠르게 성장하는 기업 중 하나로 선정되었으며, 2023년 Financial Times의 아메리카에서 가장 빠르게 성장하는 기업 목록에서 소매 부문 1위에 올랐습니다.

High Tide Inc. (Nasdaq: HITI) a annoncé qu'elle publiera ses résultats financiers et opérationnels pour le quatrième trimestre et l'ensemble de l'exercice fiscal 2024 après la fermeture du marché le 29 janvier 2025. L'entreprise organisera un webinaire le 30 janvier 2025, à 11h30 heure de l'Est, avec le PDG Raj Grover et le CFO Mayank Mahajan pour discuter des résultats et des plans pour 2025.

High Tide est le deuxième plus grand détaillant de cannabis au monde en termes de nombre de magasins, avec sa chaîne phare Canna Cabana qui compte 191 points de vente à travers le Canada. L'entreprise maintient un portefeuille diversifié comprenant la technologie d'automatisation du commerce de détail Fastendr™, plusieurs plateformes de e-commerce pour des accessoires, des opérations CBD et la distribution en gros. High Tide a été reconnue parmi les entreprises à forte croissance du Canada par le Globe and Mail pendant quatre années consécutives et a été classée première dans la catégorie détail de la liste des entreprises à croissance la plus rapide des Amériques publiée par le Financial Times en 2023.

High Tide Inc. (Nasdaq: HITI) hat angekündigt, dass das Unternehmen seine finanziellen und operativen Ergebnisse für das vierte Quartal und das gesamte Geschäftsjahr 2024 nach Marktende am 29. Januar 2025 veröffentlichen wird. Das Unternehmen wird am 30. Januar 2025 um 11:30 Uhr Eastern Time ein Webcast abhalten, bei dem CEO Raj Grover und CFO Mayank Mahajan anwesend sein werden, um die Ergebnisse und die Pläne für 2025 zu diskutieren.

High Tide ist der zweitgrößte Cannabis-Einzelhändler weltweit nach Anzahl der Geschäfte und betreibt die Hauptmarke Canna Cabana mit 191 Standorten in ganz Kanada. Das Unternehmen verfügt über ein diversifiziertes Portfolio, das die Einzelhandelsautomatisierungstechnologie Fastendr™, mehrere E-Commerce-Plattformen für Zubehör, CBD-Betriebe und den Großhandel umfasst. High Tide wurde vom Globe and Mail vier Jahre in Folge unter Kanadas am schnellsten wachsenden Unternehmen anerkannt und belegte 2023 den ersten Platz in der Einzelhandelskategorie der Liste der am schnellsten wachsenden Unternehmen in den Amerikas des Financial Times.

Positive
  • Second-largest cannabis retailer globally by store count
  • 191 Canna Cabana retail locations across Canada
  • Recognized as one of Canada's Top Growing Companies for 4 consecutive years
  • Ranked #1 in retail category on Financial Times' Americas' Fastest Growing Companies 2023
Negative
  • None.

CALGARY, AB, Jan. 15, 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 and year ended October 31, 2024, after financial markets close on Wednesday, January 29, 2025. High Tide's fourth fiscal quarter and year end 2024 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 fourth fiscal quarter and year-end financial 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 its plans for 2025, at 11:30 AM Eastern Time on Thursday, January 30, 2025.

Webcast Link for High Tide Earnings Event

https://app.webinar.net/6v1PZkWZ3wJ

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:

Canada (Local):

1-437-900-0527

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 count2. 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 191 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 named as one of the top 10 performing diversified industries stocks in both 2022 and 2024 TSX Venture 50. 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
Omar Khan 
Chief Communications and Public Affairs Officer
High Tide Inc.
omar@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.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/high-tide-to-announce-fourth-fiscal-quarter-and-full-fiscal-year-2024-financial-results-302352040.html

SOURCE High Tide Inc.

FAQ

When will High Tide (HITI) release its Q4 and FY2024 financial results?

High Tide will release its Q4 and fiscal year 2024 financial results after market close on January 29, 2025.

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

High Tide operates 191 Canna Cabana stores across British Columbia, Alberta, Saskatchewan, Manitoba, and Ontario.

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

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

When is High Tide's (HITI) earnings webcast scheduled for Q4 2024?

High Tide's earnings webcast is scheduled for Thursday, January 30, 2025, at 11:30 AM Eastern Time.

What recent business recognition has High Tide (HITI) received?

High Tide was named one of Canada's Top Growing Companies for the fourth consecutive year in 2024 and ranked first in retail on the Financial Times' Americas' Fastest Growing Companies list for 2023.

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