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High Tide Inc. (HITI) wins strong shareholder support for directors, auditor and rights plan

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(Neutral)
Filing Sentiment
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

High Tide Inc. reported the results of its August 11, 2026 annual general and special shareholder meeting. All five management nominees, including President and Chief Executive Officer Harkirat (Raj) Grover, were elected as directors, each receiving more than 97% of votes cast. Shareholders approved fixing the board at five directors, appointed Davidson & Company LLP as auditor for the ensuing year, and approved an Amended and Restated Shareholder Rights Plan. The company highlights its cannabis retail footprint of 229 Canadian Canna Cabana locations plus one international store, an estimated 12% share of the Canadian cannabis retail market, and a 14% share of the German medical cannabis market through subsidiary Remexian Pharma GmbH.

Positive

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Negative

  • None.
Votes for Harkirat (Raj) Grover 13,596,057 votes (97.50%) Election as director at August 11, 2026 shareholder meeting
Votes for Christian Sinclair 13,584,721 votes (97.42%) Election as director at August 11, 2026 shareholder meeting
Votes for fixing board at five 13,654,995 votes for (97.92%) Resolution to fix the board of directors at five members
Votes for auditor appointment 13,870,900 votes for (99.47%) Appointment of Davidson & Company LLP as auditor
Votes for rights plan 12,700,154 votes for (91.07%) Approval of Amended and Restated Shareholder Rights Plan
Canna Cabana retail locations 229 domestic and 1 international location Largest cannabis retail chain in Canada
Canadian cannabis retail market share 12% Share of Canadian cannabis retail market held by High Tide
German medical cannabis market share 14% Market share of Remexian Pharma GmbH in Germany
Amended and Restated Shareholder Rights Plan regulatory
"Approval of Amended and Restated Shareholder Rights Plan"
A shareholder rights plan is a corporate defense tool that gives existing shareholders special rights that kick in if a single buyer acquires a large stake; an "amended and restated" version means the board has updated the original plan and replaced it in full. It works like a safety button that changes the rules for acquiring shares—often diluting a bidder or expanding who can buy cheaply—to influence takeover dynamics and thus affects potential changes in control and shareholder value.
foreign private issuer regulatory
"REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16"
A foreign private issuer is a company organized outside the United States that meets tests showing it is primarily foreign-controlled and therefore qualifies for a different set of U.S. reporting rules. For investors, that means the company files less frequent or differently formatted disclosures with U.S. regulators and may follow home-country accounting and governance practices, so buying its stock is like dining at a well-reviewed restaurant that follows its home kitchen’s rules instead of the local menu — you get access but should check what standards apply.
Regulation Services Provider regulatory
"its Regulation Services Provider (as that term is defined"
A regulation services provider is a firm that helps companies meet legal and market rules by preparing, filing and distributing required reports, disclosures and licenses to regulators and exchanges. Think of them as a combination of a guidebook and filing clerk that keeps a company on the right side of the law and visible to the market. Investors care because reliable regulatory work reduces legal risk, prevents trading disruptions and ensures timely access to material information that affects share value.
medical cannabis medical
"German medical cannabis market, built for the purpose"
Medical cannabis is the use of cannabis plant extracts or compounds such as THC and CBD as prescribed or recommended to treat symptoms or medical conditions. Think of it as a plant-based medicine that can relieve pain, nausea, muscle spasms or other symptoms where conventional drugs may not work; for investors it matters because legal status, clinical evidence, supply rules and insurance coverage determine market size, licensing value and revenue potential.
wholesale of medical cannabis products medical
"importation and wholesale of medical cannabis products at affordable prices"
capital markets advisor financial
"Vahan Ajamian Capital Markets Advisor High Tide Inc."
A capital markets advisor is a professional or firm that helps companies plan and carry out transactions to raise money from investors, such as selling stocks or bonds, and guides on timing, pricing and regulatory steps. For investors, their role matters because the advisor’s choices influence how much capital a company raises, how much ownership is diluted, and how the market reacts—like a navigator whose skill can reduce cost and risk for both companies and investors.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What did High Tide Inc. (HITI) shareholders approve at the August 11, 2026 meeting?
Shareholders approved five directors, fixed the board at five, appointed Davidson & Company LLP as auditor, and approved an Amended and Restated Shareholder Rights Plan, according to the disclosed voting results.

How strongly were High Tide Inc. (HITI) director nominees supported in the 2026 vote?
Each of the five nominees received over 97% of votes cast. For example, CEO Harkirat (Raj) Grover received 13,596,057 votes for (97.50%) and 349,140 votes withheld (2.50%).

What were the voting results for High Tide Inc. (HITI) auditor appointment in 2026?
Shareholders voted to appoint Davidson & Company LLP as auditor with 13,870,900 votes for (99.47%) and 74,298 votes withheld (0.53%), with no votes recorded against the appointment.

How did High Tide Inc. (HITI) shareholders vote on the Amended and Restated Shareholder Rights Plan?
The Amended and Restated Shareholder Rights Plan was approved with 12,700,154 votes for (91.07%) and 1,244,706 votes against (8.93%), as reported in the meeting results.

What is High Tide Inc. (HITI)’s cannabis retail footprint in Canada and abroad?
High Tide’s Canna Cabana™ chain operates 229 Canadian and 1 international cannabis retail locations, spanning British Columbia, Alberta, Saskatchewan, Manitoba and Ontario, and holds a reported 12% share of the Canadian cannabis retail market.

What is High Tide Inc. (HITI)’s position in the German medical cannabis market?
Subsidiary Remexian Pharma GmbH holds a 14% share of the German medical cannabis market and is licensed to import from 22 countries, focusing on importation and wholesale of medical cannabis products.

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

OF THE SECURITIES EXCHANGE ACT OF 1934

For the month of August 2026

Commission File Number: 001-40258

HIGH TIDE INC.

(Registrant)

11127 – 15 Street N.E., Unit 112

Calgary, Alberta

Canada T3K 2M4

(Address of Principal Executive Offices)

 

Indicate by check mark whether the Registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F  ☐            Form 40-F  ☒

 

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

 

 

 

 

 

 

 

 

 

 

 

HIGH TIDE INC.

 

 

 

 

(Registrant)

 

 

 

 

Date: August 12, 2026

 

 

 

By

 

/s/ Raj Grover

 

 

 

 

 

 

Raj Grover

 

 

 

 

 

 

President and Chief Executive Officer

 

 

 

 

 

 

 

 

 

EXHIBIT INDEX

     

Exhibit

    Description of Exhibit
   
99.1   News Release dated August 12, 2026

  Exhibit 99.1

 

  

 

High Tide Announces Voting Results of Annual General and Special Meeting of Shareholders

CALGARY, AB, Aug. 12, 2026 /CNW/ -- 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 the voting results from its annual general and special meeting of shareholders of the Company held on August 11, 2026 (the "Meeting"). Each nominee listed in the Company's management information circular dated June 29, 2026, was elected as a director of the Company.


High Tide Inc., August 12, 2026

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
Five		 13,654,995 97.92 % - - 290,203 2.08 %
Appointment of
Davidson &
Company LLP as
the Auditors		 13,870,900 99.47 % 74,298 0.53 % - -
Approval of
Amended and
Restated
Shareholder
Rights Plan		 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 12% share of the market. In 2021, Canna Cabana became the first cannabis discount club retailer in the world. The Company also owns and operates multiple global e-commerce platforms offering accessories and hemp-derived CBD products. In 2025, the Company became the first North American cannabis operator to launch a bricks-and-mortar presence in Germany.

Medical Cannabis Distribution: Remexian Pharma GmbH is a leading German pharmaceutical company, with a 14% share of the German medical cannabis market, built for the purpose of importation and wholesale of medical cannabis products at affordable prices. Among all German medical cannabis procurers, Remexian has one of the most diverse reaches across the globe and is licensed to import from 22 countries including Canada.

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

View original content to download multimedia:https://www.prnewswire.com/news-releases/high-tide-announces-voting-results-of-annual-general-and-special-meeting-of-shareholders-302849054.html

SOURCE High Tide Inc.

 

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/August2026/12/c9127.html

%CIK: 0001847409

CO: High Tide Inc.

CNW 06:00e 12-AUG-26

Source: View Original Filing on SEC EDGAR

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