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Stock impact report

High Tide Inc. (HITI): Among High Growth Canadian Stocks to Buy [Yahoo! Finance]

High Tide Inc. - Common Shares (HITI) 
Company Research Source: Yahoo! Finance
High Tide Inc. (NASDAQ: HITI ), founded in 2009, is Canada's largest cannabis retailer and the country's highest revenue-generating cannabis company, with an annualized revenue run rate of approximately $600 million. In mid-December, High Tide Inc. (NASDAQ:HITI) also began positioning itself for potential U.S. expansion as the White House moved toward rescheduling cannabis and announced plans to test Medicare coverage for CBD products. Management has indicated it is exploring licensing the Canna Cabana brand in the United States and developing CBD offerings aligned with Medicare frameworks, which could provide an early pathway into the world's largest cannabis-related market without immediate exposure to full federal legalization risks. To support this next phase of growth, the company reengaged an investor relations firm to strengthen market communications as it targets expanded opportunities across cannabis and CBD in both domestic and international markets. The company further Show less Read more
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