Welcome to our dedicated page for High Tide SEC filings (Ticker: HITI), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
High Tide Inc. filings document its disclosures as a Canadian foreign issuer operating in cannabis retail, e-commerce accessories, hemp-derived CBD and international medical cannabis distribution. Form 6-K reports furnish company news releases covering Canna Cabana store activity, operating and financial results, subsidiary developments, insider share purchases, common-share trading matters, and financing arrangements.
The filing record also includes governance and compensation materials, including an amended statement of executive compensation. High Tide disclosures address its common-share capital structure, senior credit arrangements, executive and director compensation, board and management oversight, ownership information, material events, and risk-related topics connected to regulated cannabis markets in Canada, the United States and Germany.
High Tide Inc. has implemented a shareholder rights plan and an amended and restated shareholder rights plan with Olympia Trust Company as rights agent. The plans are intended to ensure, to the extent possible, that all shareholders are treated fairly in any take-over bid and that the company can maintain its Cannabis Licenses and compliance with Cannabis Laws.
Under the agreements, one Right is issued for each Voting Share. After a defined Separation Time, each Right generally entitles the holder to purchase one common share at an Exercise Price equal to three times the Market Price, subject to detailed adjustment mechanisms and anti-dilution provisions. A person becomes an “Acquiring Person” upon Beneficial Ownership of 20% or more of Voting Shares (plus an additional 1% in certain cases), triggering potential adjustments, including Flip-in Events that can render Rights owned by an Acquiring Person null and void.
The plans include provisions for redemption of Rights at $0.00001 per Right, Board fiduciary duties in responding to take-over bids, regulatory approvals from the TSXV and Nasdaq where required, and periodic reconfirmation by Independent Shareholders at every third annual meeting, failing which the agreements and all Rights terminate.
High Tide Inc. is convening a virtual annual general and special meeting of shareholders on August 11, 2026 at 10:00 a.m. Calgary time to address routine governance and a key protective measure. Shareholders of record as of June 29, 2026 may vote online, by phone, email or mail, using notice-and-access to review materials electronically.
Items include receiving audited financial statements for the year ended October 31, 2025, reappointing Davidson & Company LLP as auditor, fixing the board at five directors, and electing the proposed slate. Shareholders are also asked to ratify an Amended and Restated Shareholder Rights Plan, which largely maintains existing terms but tightens the definition of an acquiring person to capture cannabis licence holders in Ontario and British Columbia whose ownership could put High Tide offside regional cannabis licensing rules. The rights plan preserves a 20% trigger, 105-day bid period and 50% discount flip-in mechanics, and must be reconfirmed by shareholders every three years.
The circular also details executive and director compensation, including a 20% fixed equity incentive Omnibus Plan, outstanding option and RSU awards, and change-of-control severance and vesting terms for senior management.
High Tide Inc. is introducing new shareholder rights plans to protect its cannabis licenses and manage potential takeover bids. The board approved a Temporary Shareholder Rights Plan and an Amended and Restated Shareholder Rights Plan, both entered into with Olympia Trust Company as Rights Agent.
The amended plan builds on a 2025 rights plan and expands the definition of an “Acquiring Person” to capture certain Ontario and British Columbia cannabis retail licence holders whose ownership could breach local licensing limits. The plans are not in response to any specific or anticipated takeover bid.
The Amended and Restated Shareholder Rights Plan has been accepted by the TSXV subject to shareholder ratification within six months and will run for three years if approved at the August 11, 2026 meeting. The temporary plan addresses new retail operator restrictions until shareholder ratification and will lapse once the amended plan is approved.
High Tide Inc. filed a Form 6-K highlighting a news release about its German subsidiary, Remexian Pharma GmbH, showcasing exclusive Canadian medical cannabis brand partnerships at Mary Jane Berlin 2026. The event ran June 11–14, 2026 in Berlin, one of Europe’s largest cannabis trade shows.
Remexian presented medical cannabis products from Tribal, Highly Dutch Organic, Weed Me, The Loud Plug, Joi Botanicals and Castle Rock Farms, connecting these Canadian brands with German pharmacies, healthcare professionals and patients. The company emphasizes Germany as one of the world’s fastest-growing medical cannabis markets.
The release also reiterates High Tide’s broader footprint: 228 Canna Cabana retail locations in Canada and 1 international store, a reported 12% share of the Canadian cannabis retail market, and Remexian’s stated 14% share of the German medical cannabis market with import licences from 19 countries.
High Tide Inc. reported record second quarter 2026 revenue of $179.3 million, with adjusted EBITDA of $13.9 million and positive net income. Revenue grew 30% year over year while income from operations rose to $6.1 million from $0.9 million, reflecting stronger margins and cost control.
Free cash flow was $1.5 million for the quarter and $4.4 million for the first six months. German medical cannabis subsidiary Remexian generated record revenue of $31.6 million with a 27% gross margin and reached 14% market share for the three months ended March 2026, up from 10.3%.
High Tide Inc. reported strong growth for the quarter ended April 30, 2026, with revenue rising to $179,296 from $137,804 a year earlier and gross profit improving to $48,391. Income from operations increased to $6,097 from $932, although net income for the period was modest at $24.
For the six months, revenue reached $357,625 versus $280,265, and net income attributable to owners turned positive at $1,008 compared with a prior loss of $5,706. The new medical cannabis distribution segment, driven by the Remexian Pharma acquisition, contributed $56,618 in six‑month revenue but a loss from operations of $2,502.
High Tide ended the period with total assets of $347,867, total liabilities of $245,955 and shareholders’ equity of $101,912. Subsequent events include credit approval for new senior secured Bank of Montreal facilities totaling $40,000 and an agreement to acquire Ontario retailer J. Supply Holdings Inc. for about $7,700, subject to customary conditions.
High Tide Inc. reports that it has secured credit approval from Bank of Montreal for new senior secured credit facilities totaling C$40 million, subject to customary closing conditions. The package includes a $25 million committed revolving facility with a three-year maturity and a $15 million committed delayed draw term loan.
The revolving facility will refinance the company’s loan with connectFirst at closing and support working capital, corporate needs, and permitted acquisitions and investments. Management expects the connectFirst balance to be slightly over $6 million, leaving almost $19 million available on the revolver. The $15 million term loan will refinance existing $15 million second-lien debentures.
Funds become available once closing conditions are met, at which time the existing senior credit facility will be repaid, with closing expected within approximately 30 days. High Tide describes itself as a leading cannabis retailer with 228 Canna Cabana locations and about a 12% share of the Canadian market, and a 14% share of the German medical cannabis market through Remexian Pharma.
High Tide Inc. is expanding its Canadian retail footprint by agreeing to acquire four Northern Helm cannabis stores in Ontario for $7.74 million. The locations in Bowmanville, Kingston, Courtice, and Oshawa will bring its network to 228 Canna Cabana stores across Canada and 103 in Ontario.
The arm's length deal involves assumed debt with a 2% interest rate plus a mix of cash and High Tide common shares, issued at a price based on a 10-day volume-weighted average with a floor tied to the TSX Venture Exchange’s Discounted Market Price. The purchase price equates to 4.5x the annualized Adjusted EBITDA of the acquired stores for the three months ended March 31, 2026.
Closing in the coming weeks is subject to approvals from the TSX Venture Exchange and the Alcohol and Gaming Commission of Ontario, as well as customary conditions. Management highlights this acquisition as part of a strategy to add cash-flowing assets, build a network of more than 350 stores over time, and complement growth in its German medical cannabis distribution business.
High Tide Inc. reported that it has opened a new Canna Cabana retail cannabis store in Welland, Ontario and expects to open another in Calgary, Alberta. The Welland store begins sales on June 10, 2026, while the Calgary location is expected to start on June 26, 2026, pending regulatory approval. These additions bring the Canna Cabana network to 224 stores across Canada, including 99 in Ontario and 92 in Alberta. Management highlights these locations as high-traffic, low-competition trade areas that support its discount club retail model and membership-focused growth strategy.