High Tide Announces Voting Results of Annual General and Special Meeting of Shareholders
Rhea-AI Summary
High Tide (Nasdaq: HITI; TSXV: HITI; FSE: 2LYA) reported the voting results of its August 11, 2026 annual general and special shareholders meeting. All five management nominees — Harkirat (Raj) Grover, Christian Sinclair, Arthur Kwan, Menashe Kestenbaum and Kathleen Skerrett — were elected as directors, each receiving about 97–98% of votes cast.
Shareholders approved fixing the Board at five members (97.92% for), appointing Davidson & Company LLP as auditor for the coming year (99.47% for), and the Amended and Restated Shareholder Rights Plan (91.07% for). The release also reiterates High Tide’s cannabis retail and medical distribution footprint in Canada and Germany.
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Key Figures
Historical Context
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| Aug 05 | Credit facility closing | Positive | +0.9% | Closed C$40 million senior secured credit facilities with Bank of Montreal. |
| Aug 04 | Quarterly guidance update | Positive | +4.7% | Issued preliminary Q3 guidance above the highest current analyst estimates. |
| Jul 30 | Retail acquisition closing | Positive | +4.4% | Closed Northern Helm acquisition, adding four Ontario retail cannabis stores. |
| Jul 23 | Store opening announcement | Positive | +0.0% | Announced Ottawa store opening, expanding the Canadian Canna Cabana footprint. |
| Jul 15 | Shareholder AMA | Neutral | -1.8% | CEO hosted fifth Reddit AMA addressing shareholder strategy and outlook questions. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Three positive corporate updates were followed by gains, while a store-opening update was flat and a shareholder AMA was followed by a decline.
Key Terms
AI-generated analysis. How Rhea-AI works. Not financial advice.
Each of the following five nominees proposed by management was elected as a director of the Company. The results of such vote were as follows:
NOMINEE | VOTES FOR | VOTES WITHHELD | ||
Number | % | Number | % | |
Harkirat (Raj) Grover | 13,596,057 | 97.50 % | 349,140 | 2.50 % |
Christian Sinclair | 13,584,721 | 97.42 % | 360,477 | 2.59 % |
Arthur Kwan | 13,646,782 | 97.86 % | 298,415 | 2.14 % |
Menashe Kestenbaum | 13,630,072 | 97.74 % | 315,126 | 2.26 % |
Kathleen Skerrett | 13,643,854 | 97.84 % | 301,343 | 2.16 % |
In addition, at the Meeting, shareholders approved (i) fixing the board of directors (the "Board") at five; (ii) appointing Davidson & Company LLP as the Company's auditor for the ensuing year and authorizing the board to fix their compensation, and (iii) the approval of the Amended and Restated Shareholder Rights Plan approved by the board on June 26, 2026. The results of such votes were as follows:
Resolution | VOTES FOR | VOTES WITHHELD | VOTES AGAINST | |||
Number | % | Number | % | Number | % | |
Fixing the Board at | 13,654,995 | 97.92 % | - | - | 290,203 | 2.08 % |
Appointment of | 13,870,900 | 99.47 % | 74,298 | 0.53 % | - | - |
Approval of | 12,700,154 | 91.07 % | - | - | 1,244,706 | 8.93 % |
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. Its wholly owned subsidiary, Canna Cabana, is the second-largest cannabis retail brand globally. High Tide (HITI) is uniquely-built around the cannabis consumer, with wholly-diversified and fully-integrated operations across all components of cannabis, including:
Retail: Canna Cabana™ is the largest cannabis retail chain in Canada, with 229 domestic and 1 international location. The Company's Canadian bricks-and-mortar operations span British Columbia, Alberta, Saskatchewan, Manitoba, and Ontario, holding a growing
Medical Cannabis Distribution: Remexian Pharma GmbH is a leading German pharmaceutical company, with a
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 2025 for the fifth consecutive year and was recognized as a top 50 company by the TSX Venture Exchange (the "TSXV") 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 TSXV 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
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SOURCE High Tide Inc.