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High Tide to Announce Fourth Quarter and Full Fiscal Year 2023 Financial Results

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High Tide Inc. (HITI) announced the release of its financial and operational results for the quarter and year ended October 31, 2023. The results will be available on SEDAR+, EDGAR, and the company's website. A webcast to discuss the financial results and plans for 2024 will be hosted by the CEO and CFO on January 30, 2024.
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CALGARY, AB, Jan. 12, 2024 /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, 2023, after financial markets close on Monday, January 29, 2024. High Tide's fourth quarter and year-end 2023 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 quarter and year-end financial and operational results, High Tide will host a webcast with Raj Grover, Founder and Chief Executive Officer, and Sergio Patino, Chief Financial Officer, to discuss the Company's financial results and its plans for 2024, at 11:30 AM Eastern Time on Tuesday, January 30.

Webcast Link for High Tide Earnings Event:

https://events.q4inc.com/attendee/307349204

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):                      1 226 828 7575
Canada (Toll-Free):                1 833 950 0062
United States (Local):             1 404 975 4839
United States (Toll-Free):       1 833 470 1428
Global Dial-In Numbers: https://www.netroadshow.com/events/global-numbers?confId=59676
Participant Access Code:       499316

*Participants will need to enter the participant access code before being met by a live operator*

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. 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 non-franchised cannabis retail chain in Canada, with 162 current locations spanning British Columbia, Alberta, Saskatchewan, Manitoba and Ontario and growing. In 2021, Canna Cabana became the first cannabis discount club retailer in North America.

Retail Innovation: Fastendr™ is a unique and fully automated technology that integrates retail kiosks and smart lockers to facilitate a better buying experience through browsing, ordering and pickup.

E-commerce Platforms: High Tide operates a suite of leading accessory sites across the world, including Grasscity.com, Smokecartel.com, Dailyhighclub.com, and Dankstop.com.

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 Brand™ name.

High Tide consistently moves ahead of the currents, having been named one of Canada's Top Growing Companies in 2021, 2022 and 2023 by the Globe and Mail's Report on Business Magazine and was 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.

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 and operational results for the quarter and year ended October 31, 2023 on the timelines indicated herein and the Company hosting a webcast following the release of its financial and operational results and the timing and participants thereof. 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.

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

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/high-tide-to-announce-fourth-quarter-and-full-fiscal-year-2023-financial-results-302033298.html

SOURCE High Tide Inc.

FAQ

When will High Tide release its financial and operational results for the quarter and year ended October 31, 2023?

High Tide will release its financial and operational results on Monday, January 29, 2024, after financial markets close.

Where can I access High Tide's fourth quarter and year-end 2023 financial and operational results?

The results will be available on SEDAR+, EDGAR, and on the company's website at https://hightideinc.com/invest.

When will the webcast to discuss the financial results and plans for 2024 take place?

The webcast will be hosted at 11:30 AM Eastern Time on Tuesday, January 30, 2024.

Who will be hosting the webcast to discuss the financial results and plans for 2024?

The webcast will be hosted by Raj Grover, Founder and Chief Executive Officer, and Sergio Patino, Chief Financial Officer.

How can participants pre-register for the webcast?

Participants can pre-register for the webcast by clicking on the following link: https://events.q4inc.com/attendee/307349204

Where can participants access the replay of the webcast?

A replay of the webcast will be available at the same link as the live webcast, three hours after the live webcast.

How can participants ask questions during the event?

Participants can ask questions through the call-in line using the provided access information.

What are the participant access codes for the call-in line?

The participant access code is 499316, and participants will need to enter it before being met by a live operator.

High Tide Inc. Common Shares

NASDAQ:HITI

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About HITI

high tide inc. operates as a vertically-integrated company in the cannabis market in canada. it engages in the design, manufacture, and distribution of cannabis accessories and alternative lifestyle products. the company is also involved in the retailing of cannabis products. as of august 7, 2020, it operated 34 canna cabana retail cannabis stores in ontario, alberta, and saskatchewan. the company was formerly known as high tide ventures inc. and changed its name to high tide inc. in october 2018. high tide inc. was founded in 2009 and is headquartered in calgary, canada.