Raj Grover

Data from Benzinga Pro shows High Tide Inc. (NASDAQ:HITI) shares experienced a significant surge, gaining over 21% in the last two trading sessions, closing at $3.47 on Monday, December 2. This positive performance was reflected in a trading volume of 2,396,045 shares and a market capitalization of...

High Tide Inc. (NASDAQ:HITI) (TSXV:HITI) (FSE: 2LYA) is expanding its innovative Cabana Club membership program to the U.S., EU and UK through dedicated websites. “Innovation and market disruption are at the core of High Tide’s DNA, and today marks another milestone in our journey," Raj...

High Tide Inc. (NASDAQ:HITI), a retail-driven cannabis company, announced Friday that it placed No. 87 out of 417 companies listed on the 2024 Report on Business ranking of Canada's Top Growing Companies. High Tide achieved an impressive three-year revenue growth rate of 486%. This consistent...

While many cannabis retailers in Canada face a tightening market, High Tide Inc. (NASDAQ:HITI) stands out with a robust increase in revenue and market share in its 2024 third-quarter financial results. On Monday, the Calgary-based company reported record revenue of CA$131.7 million ($97 million),...

High Tide Inc. (NASDAQ:HITI) (TSXV:HITI) (FSE: 2LYA) announced Thursday that its Canna Cabana retail cannabis stores in British Columbia, Alberta, Saskatchewan, Manitoba and Ontario will begin the sale of exclusive Queen of Bud branded 12 oz Black Obsidian, Rose Quartz and Clear Quartz Crystal...

Canadian cannabis retailer High Tide Inc. (NASDAQ:HITI) (TSXV:HITI) (FSE: 2LYA) entered into a joint venture with Positive Intent Events (PIE) to position itself in Canada’s nascent cannabis hospitality sector. The announcement follows Alberta’s decision to allow licensed cannabis pop-...

High Tide Inc. (NASDAQ:HITI) (TSXV:HITI) (FSE: 2LYA) announced on Tuesday it's re-launching the website of its flagship Canadian brick-and-mortar retail brand, Canna Cabana. The new website features the latest tech, resulting in an enhanced user interface and overall improved customer experience. "...

The cannabis industry is abuzz with major developments from key players. High Tide, one of Canada’s largest cannabis retailers, prepares to release its latest financial results while expanding its retail presence and loyalty program. Meanwhile, POSaBIT Systems gears up for a major update on...

Alberta-Based, High Tide Inc. (NASDAQ:HITI) (TSXV:HITI) announced that its Cabana Club loyalty program has surpassed 1.5 million members across Canada. Membership has increased by 5% since June 13, 2024, marking an annual growth rate of 37%. Since launching its discount club model in October 2021,...

High Tide Inc. (NASDAQ:HITI) (TSXV:HITI) (FSE: 2LYA) announced the initial closing of its previously disclosed subordinated debt facility of $1,000 principal subordinate secured debentures of the company for aggregate gross proceeds of CA$15 million ($10.8 million) for CA$900 per debenture, under...

High Tide Inc. (NASDAQ:HITI) will acquire a retail cannabis store in Mississauga, Ontario, currently operating as Cantopia for CA$600,000 ($438,417). Canadian cannabis retailer confirmed Wednesday it has entered into a definitive asset purchase agreement dated June 25, 2024 under which it will...

High Tide Inc. (NASDAQ: HITI) indicators, particularly the sustained positive free cash flow and improvement in net income, suggest a financial recovery and enhanced investment appeal, signaling potential value for investors. High Tide reported $9.4 million in free cash flow for the second fiscal...

High Tide Inc.(NASDAQ:HITI) (TSXV:HITI) (FSE: 2LYA), announced Thursday that it has entered into binding subscription agreements with arm’s length institutional credit providers for total gross proceeds of CA$15 million ($10.9 million) in a subordinated debt financing. “I am very...

Adults over 18 in Germany can legally possess up to 25 grams of dried cannabis and cultivate up to three marijuana plants at home. And no, this is not an April Fools' Day prank. Beginning July 1, adults can also join not-for-profit social clubs where they can buy up to 25 grams of cannabis, with a...

High Tide Inc. (NASDAQ:HITI) (TSXV:HITI) (FSE: 2LYA) released its financial results on Friday for the first fiscal quarter of 2024 ended January 31, 2024, revealing an 8% year-over-year and 1% sequential increase in revenue to CA$128.1 million ($94.9 million). The Canadian cannabis retail giant...