High Tide Recognized as a Top 10 Ranked Company in the Diversified Industries Sector by the TSX Venture 50 for 2024

Published: February 23, 2024

High Tide Recognized as a Top 10 Ranked Company in the Diversified Industries Sector by the TSX Venture 50 for 2024

High Tide Inc., the high-impact, retail-forward enterprise built to deliver real-world value across every component of cannabis, announced today that it has been recognized for the second time in three years by the TSX Venture Exchange (the “TSXV”) as a 2024 Top 50 Performer. High Tide ranks fifth in the top 10 diversified industries sector and is the only Canadian cannabis company included in the rankings. The TSX Venture 50 ranks the strongest companies on the TSX Venture Exchange by share price appreciation, trading volume amount, and market capitalization growth. More detailed results and a video highlighting High Tide can be found at www.tsx.com/Venture50

“We are thrilled to see our name yet again amongst the top-performing companies on the 2024 TSX Venture 50. This recognition follows our fiscal year-end 2023 financial results, where we again demonstrated our commitment to operational excellence, achieving our second quarter of free cash flow while continuing to grow organically,” said Raj Grover, Founder and Chief Executive Officer of High Tide.

“In the challenging and hyper-competitive landscape of Canadian cannabis, I am proud of what our team has accomplished. This ongoing recognition by the TSXV and other noteworthy publications, such as The Globe and Mail’s Report on Business and The Financial Times, demonstrates that independent, highly respected institutions continue to recognize the success of High Tide’s business model. As we continue to expand our footprint in Canada and potential emerging international markets such as Germany, I am confident that this recognition will continue,” added Mr. Grover.

About High Time
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 and is the second-largest cannabis retailer in North America by store count1. High Tide (HITI) is uniquely-built around the cannabis consumer, with wholly-diversified and fully-integrated operations across all components of cannabis. To discover the full impact of High Tide, visit www.hightideinc.com