High Tide Inc.

HITI

CA42981E4013

Drug Retailers

Market Closed - Toronto S.E. Other stock markets 03:55:24 2024-05-24 pm EDT			5-day change	1st Jan Change
3.165 ^CAD	+1.12%		+5.85%	+48.59%

May. 14	High Tide Inc. Opens First Canna Cabana in Pickering, Ontario	CI
May. 13	High Tide Brief: Opening First Canna Cabana in Pickering, Ontario	MT

High Tide : Name and Address of Company - Form 6-K

May 10, 2024 at 04:33 pm EDT

Name and Address of Company

High Tide Inc. (the "Company" or "High Tide")
Unit 112, 11127 - 15 Street N.E.
Calgary, Alberta T3K 2M4

Date of Material Change

May 1, 2024

News Release

News releases were issued and disseminated via CNW Group Ltd. d/b/a Canada Newswire on April 12, 2024 and May 1, 2024, copies of which were filed under the Company's profile on SEDAR+ at www.sedarplus.ca.

Summary of Material Change

On April 12, 2024, the Company announced that the Company and Sergio Patino agreed to part ways effective May 1, 2024. Following Mr. Patino's resignation, the Company has appointed Mayank Mahajan as Chief Financial Officer, effective May 1, 2024.

Full Description of Material Change

Mr. Mahajan brings an exceptional range of expertise from a career in financial services, technology, manufacturing, trading and leasing that spans more than 15 years. Among his more notable accomplishments, he has overseen M&A and business integration, debt and equity raises, contract negotiations, and led corporate governance initiatives. Mr. Mahajan has built global accounting teams while re-engineering processes to improve accountability and implementing best practices in ERP, SOX and internal controls.

Before joining High Tide, Mr. Mahajan worked with Everyday People Financial Corp, Metamaterial Inc., Jubilant Bhartiya Group (Canada, India and USA), Genpact, and S.P. Nagrath & Co. He is a registered Chartered Professional Accountant in Canada, Certified Public Accountant in the United States and a Chartered Accountant in India. Mr. Mahajan also holds a Master of Business Administration (MBA) from Gonzaga University in Washington, USA, and a Bachelor of Commerce from Chaudhury Charan Singh University in India.

Disclosure for Restructuring Transactions

Not applicable.

Reliance on subsection 7.1(2) of National Instrument 51-102 (Confidentiality)

Not applicable.

Omitted Information

No information has been omitted on the basis that it is confidential information.

Executive Officer

For additional information with respect to this material change, the following person may be contacted:

Raj Grover

President, Chief Executive Officer, and Director

T: 403-770-9435

Email: raj@hightideinc.com

Date of Report

May 10, 2024

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Disclaimer

High Tide Inc. published this content on 10 May 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 May 2024 20:32:26 UTC.

Latest news about High Tide Inc.

High Tide Inc. Opens First Canna Cabana in Pickering, Ontario	May. 14	CI
High Tide Brief: Opening First Canna Cabana in Pickering, Ontario	May. 13	MT
High Tide Opens Second Canna Cabana in Ajax, Ontario; Is 170th Store in Canada	May. 06	MT
High Tide Brief: Opening Second Canna Cabana in Ajax, Ontario; New Store Represents Canna Cabana's 170th Location Nationwide	May. 06	MT
High Tide Opens Second Canna Cabana in Ajax, Ontario	May. 06	CI
High Tide Brief: Opening Canna Cabana in Owen Sound, Ontario; New Store Represents Canna Cabana's 60th Location in the Province of Ontario	May. 02	MT
High Tide Opens Canna Cabana in Owen Sound, Ontario	May. 02	CI
High Tide Brief: Announcing that Mayank Mahajan has joined in the role of Chief Financial Officer.	May. 01	MT
High Tide Announces Appointment of Mayank Mahajan as Chief Financial Officer	May. 01	CI
High Tide Up Almost 5% in US Premarket After Reporting Big Jump in Saturday Revenue	Apr. 23	MT
High Tide Brief: Reporting Near $2 Million in Retail Sales on '4/20'	Apr. 23	MT
High Tide CFO to Step Down, Replacement to Begin on May 1	Apr. 12	MT
High Tide Brief: Adds "New candidate's name and biographical information" will be provided subsequently	Apr. 12	MT
High Tide Brief: Co Says It and Sergio Patino have agreed to transition the CFO role to a new candidate, who has already accepted the position, effective May 1, 2024	Apr. 12	MT
High Tide Brief: Announcing Transition of Chief Financial Officer	Apr. 12	MT
High Tide Inc. Announces Transition of Chief Financial Officer	Apr. 12	CI
High Tide Up 6.5% In US Premarket; To Open 5th Canna Cabana Store in Mississauga, Ontario	Apr. 04	MT
High Tide Brief: Says To Open Fifth Canna Cabana Store in Mississauga, Ontario	Apr. 04	MT
High Tide Inc. to Open Fifth Canna Cabana Store in Mississauga, Ontario	Apr. 04	CI
High Tide, Aurora Cannabis Mixed In US Premarket Trade As Both Note Start of German Cannabis Legalization	Apr. 01	MT
High Tide Inc. to Enter into German Market	Apr. 01	CI
High Tide Brief: Notes Start of German Cannabis Legalization; Says "Well Positioned" to Enter German Market Once Regional Pilot Programs Commence	Apr. 01	MT
High Tide Brief: Says Closed Acquisition of Premium Canadian Cannabis Brand, Queen of Bud	Mar. 28	MT
High Tide Brief: Says To Open Fourth Canna Cabana in Mississauga, Ontario	Mar. 26	MT
High Tide Inc. to Open Fourth Canna Cabana in Mississauga, Ontario	Mar. 26	CI

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Company Profile

High Tide Inc. is a retail-focused cannabis company. Its segments include Bricks-and-mortar and E-commerce. Bricks-and-mortar operations includes the Canadian bricks-and-mortar locations, inclusive of the Canadian warehouse which supports the distribution of accessories and other items to the Canadian stores. Its E-commerce operations include the Companyâs United States and international subsidiaries, inclusive of the United States warehouse which supports the distribution of accessories and other items to the United Sates and international subsidiaries. Bricks-and-mortar sales are conducted under the Companyâs Canna Cabana brand, CBD product sales are conducted online under the FABCBD, Blessed CBD and NuLeaf brands, and online sales through e-commerce platforms are conducted under the Companyâs Grasscity, Smoke Cartel, Daily High Club and Dankstop brands. Its brand Queen of Bud sells products across Canada both direct to consumers and through third-party licensed cannabis stores.

Sector

Drug Retailers

Calendar

2024-06-11 - Q2 2024 Earnings Release (Projected)

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Ratings for High Tide Inc.

Trading Rating

Investor Rating

ESG Refinitiv

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

3.165 CAD

Average target price

5.95 CAD

Spread / Average Target

+87.99%

Consensus

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Cannabis Product Retailers

High Tide Inc.

Equities

HITI

CA42981E4013

Drug Retailers

High Tide : Name and Address of Company - Form 6-K

EPS Revisions