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 (Nasdaq: HITI) will open a new Canna Cabana retail store at 518 Centennial Pkwy North in Hamilton, Ontario, beginning sales of recreational cannabis and consumption accessories on October 27, 2025.
The addition brings Canna Cabana to 211 locations nationwide and 89 stores in Ontario. The store sits in a high-traffic commercial centre near the QEW with an estimated resident population of ~47,000 within three kilometres, positioned to serve local and commuter demand.
The announcement highlights High Tide's retail expansion and continued focus on growing its Canna Cabana footprint in Ontario.
High Tide (Nasdaq: HITI) celebrates four years of its Cabana Club loyalty program and raised long-term targets to 3.0 million Cabana Club members and 350 Canna Cabana locations across Canada (up from 2.2M members and 210 locations as of Oct 21, 2025).
The company reports Cabana Club membership grew 800% since launch and now drives >90% of in-store sales; ELITE paid members total 120,000. Canna Cabana holds a 12% market share in its five-province footprint; national retail cannabis sales were $5.5B for the 12 months ending July 2025.
High Tide Inc. (NASDAQ: HITI) has secured the 182nd position among 400 companies in the 2025 Report on Business ranking of Canada's Top Growing Companies, achieving a three-year revenue growth rate of 188%. This marks the company's fifth consecutive year on the prestigious list, following their 2024 ranking of 87th with a 486% growth rate.
The cannabis retail enterprise has expanded significantly, with its subsidiary Canna Cabana operating 210 locations across Canada and commanding a 12% market share. The company recently completed a majority acquisition of Remexian Pharma GmbH, a German pharmaceutical company licensed to import medical cannabis from 19 countries, marking High Tide's strategic entry into Europe's largest cannabis market.
High Tide continues to receive recognition for its growth, including rankings on the TSX Venture Exchange's top 50 companies and the Financial Times' list of Americas' Fastest Growing Companies.
High Tide Inc. (NASDAQ: HITI) announced the opening of three new Canna Cabana retail locations in North York, Etobicoke, and Fort McMurray. The expansion brings the company's total store count to 210 locations across Canada, with 89 in Alberta and 88 in Ontario.
The new stores will open between September 26-29, 2025, strategically positioned in high-traffic areas. High Tide is maintaining its growth strategy of opening 2-3 new locations monthly, funded entirely through internal profits without external capital. The company currently holds a 12% market share in Canada and has been recognized as one of Canada's Top Growing Companies for four consecutive years.
High Tide Inc. (NASDAQ: HITI) reported outstanding Q3 2025 financial results, achieving record performance across key metrics. The company posted record revenue of $149.7 million, up 14% year-over-year, and record Adjusted EBITDA of $10.6 million.
Notable achievements include positive free cash flow of $7.7 million (up 148% YoY), positive net income of $832,000, and strong same-store sales growth of 7.4%. The company's Canna Cabana retail network expanded to 207 stores and captured 12% market share across five provinces. High Tide also completed a strategic acquisition of a 51% stake in Remexian, establishing a presence in Germany's medical cannabis market.
The company's Cabana Club loyalty program grew to over 2.15 million members in Canada and 6.15 million globally. With an annualized revenue run rate of approximately $600 million, High Tide remains the highest revenue-generating cannabis company reporting in Canadian dollars.
["Record quarterly revenue of $149.7M, up 14% YoY and 9% sequentially","Record Adjusted EBITDA of $10.6M, marking 22nd consecutive positive quarter","Free cash flow increased 148% YoY to $7.7M","Same-store sales growth of 7.4%, highest in two years","Strategic expansion into German market through 51% acquisition of Remexian","Market share increased to 12% from 11% year-over-year","Strong loyalty program growth with 2.15M Canadian members, up 39% YoY","Impressive retail metrics with $1,735 sales per square foot"]High Tide (NASDAQ:HITI), a leading cannabis retail enterprise, announced its executives will present at several upcoming investor conferences between September and November 2025. CEO Raj Grover highlighted the company's recent acquisition of a majority stake in Remexian, making it a significant player in Germany's medical cannabis market.
High Tide operates 207 Canna Cabana locations across Canada, holding a 12% market share. The company has been recognized among Canada's Top Growing Companies for four consecutive years and ranked first in the retail category on the Financial Times' Americas' Fastest Growing Companies list for 2023. The company aims to expand beyond 300 stores nationwide.
High Tide Inc. (Nasdaq: HITI) has completed the acquisition of a 51% stake in Remexian Pharma GmbH for an estimated €26.4 million, marking its strategic entry into Europe's largest federally regulated cannabis market. The transaction implies an enterprise value of €53.4 million, representing 3.64x annualized Adjusted EBITDA.
The purchase was satisfied through €7.65 million in cash, a €7.65 million loan at 7% annual interest, and 5,864,373 High Tide shares valued at €11.1 million. High Tide also secured a five-year Call Option to acquire the remaining 49% stake after 24 months, while Remexian's owners received a Put Option, both with specific valuation multiples and payment conditions.
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.
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