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High Tide Inc. - HITI STOCK NEWS

Welcome to our dedicated news page for High Tide (Ticker: HITI), a resource for investors and traders seeking the latest updates and insights on High Tide.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect High Tide's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of High Tide's position in the market.

Rhea-AI Summary
High Tide Inc. announces the establishment of an at-the-market equity offering program (ATM Program) that allows the company to issue up to CAD$30 million of common shares from treasury to the public. The proceeds will be used to fund strategic initiatives, support growth and development, fund future acquisitions, and for working capital and general corporate purposes. The ATM Program will act as a low-cost source of capital. The offering is subject to regulatory requirements and the approval of TSXV.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.48%
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none
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Rhea-AI Summary
High Tide Inc. to release Q3 2023 financial results on September 14, 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.34%
Tags
earnings
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Rhea-AI Summary
High Tide Inc. announced the opening of its 155th Canna Cabana retail cannabis store in Oshawa, Ontario. The company expects the new store to benefit from the consumer traffic generated by well-established national retail brands in the area. High Tide also announced the appointment of Sergio Patino as permanent CFO and the grant of 80,000 incentive stock options.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.4%
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none
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.15%
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none
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Rhea-AI Summary
High Tide Inc. (HITI) Celebrates 50th Store Opening in Ontario, Canada. The company's Canna Cabana retail cannabis store in St. Thomas, Ontario will start selling recreational cannabis products and accessories. This marks the 154th Canna Cabana store in Canada and the 50th in Ontario, Canada's largest province. The strategic location near major retailers and the potential new concept with Fastendr retail kiosk technology are key highlights of the announcement.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.04%
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none
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.61%
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none
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.33%
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none
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.54%
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none
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Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.36%
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none
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.14%
Tags
acquisition earnings
High Tide Inc.

Nasdaq:HITI

HITI Rankings

HITI Stock Data

161.83M
71.18M
9.3%
10.95%
3.86%
All Other Miscellaneous Store Retailers (except Tobacco Stores)
Retail Trade
Link
Canada
Calgary

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.