High Tide Share Price Today

High Tide Q3FY26 Results: Net income hits record $12.7M, revenue up 33%

Revenue hit an all-time high of $199 million, up 33% YoY. Net income reached a record $12.7 million, driven largely by derivative gains. Adjusted EBITDA surged 52% YoY to $16.2 million with improved margins. Remexion in Germany sold 10.2 tons, up 35% sequentially. Free cash flow stood at $7 million with $25 million revolver available.

High Tide CEO Raj Grover answers shareholder questions during Reddit AMA

High Tide Inc. CEO Raj Grover engaged with shareholders in a Reddit AMA on July 15, 2026, discussing strategy and operations. The event followed Q2 FY26 results, a C$40 million credit facility approval, and the Northern Helm acquisition. The company continues to expand its retail presence in Canada and Germany through Canna Cabana and Remexian Pharma GmbH.

High Tide adopts amended rights plan to ensure cannabis compliance

High Tide Inc. has adopted a Temporary Shareholder Rights Plan and an Amended and Restated Shareholder Rights Plan, approved by the board on June 26, 2026, to ensure compliance with cannabis regulations and fair shareholder treatment. The plans expand the definition of Acquiring Person to include cannabis retail operator license holders in Ontario and British Columbia whose ownership would cause regulatory non-compliance. The Amended and Restated Shareholder Rights Plan requires shareholder ratification at the August 11, 2026 meeting to be effective for three years, replacing the interim temporary plan.

High Tide posts record revenue and secures new credit facility

High Tide Inc reported record second-quarter revenue of 179.3 million Canadian dollars, a 30% increase year over year, driven by growth in its Canadian bricks-and-mortar business and German medical cannabis distribution. Adjusted EBITDA surged 73% to a record 13.9 million Canadian dollars, while gross profit increased 36% to 48.4 million Canadian dollars. The company also announced a definitive agreement to acquire four Northern Helm stores in Ontario for approximately 7.74 million Canadian dollars and secured a new 40 million Canadian dollar credit facility from the Bank of Montreal.

High Tide to acquire Northern Helm for $7.74M

High Tide Inc. announced a definitive agreement to acquire J. Supply Holdings Inc., operating as Northern Helm, for $7.74 million, adding four retail cannabis stores in Ontario. The transaction, subject to TSXV and AGCO approvals, includes $3.2 million in assumed debt and a mix of cash and shares, bringing High Tide's total store count to 228.

High Tide secures C$40MM credit approval from BMO

High Tide Inc. secured credit approval for C$40 million in new senior secured credit facilities with Bank of Montreal (BMO). The financing includes a $25 million revolving facility and a $15 million term loan to refinance existing debt, including a connectFirst loan and second-lien debentures.