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High Tide to Announce First Quarter 2023 Financial Results

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High Tide Inc. (“High Tide” or the “Company“) (Nasdaq: HITI) (TSXV: HITI) (FSE: 2LYA), the high-impact, retail-forward enterprise built to deliver real-world value across every component of cannabis, said today that it will release its financial and operational results for the quarter ended January 31, 2023, after financial markets close on Friday, March 17, 2023. High Tide’s first quarter 2023 financial and operational results will be available on SEDAR, EDGAR, and on the Company’s website at https://hightideinc.com/invest.

Following the release of its first quarter 2023 financial and operational results, High Tide will host a webcast with Raj Grover, President and Chief Executive Officer, and Sergio Patino, Interim Chief Financial Officer, to discuss the Company’s financial results and its plans for the rest of 2023, at 11:30 AM Eastern Time on Monday, March 20, 2023.

Webcast Link for High Tide Earnings Event:

https://events.q4inc.com/attendee/193203965

Joining by Telephone:

Canada dial-in number (Toll-Free):      

1 833 950 0062

Canada dial-in number (Local):          

1 226 828 7575

United States (Toll-Free):                     

1 833 470 1428

United States (Local):                          

1 404 975 4839

All other locations:                             

1 929 526 1599

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291706

Participants will need to enter the participant access code before being met by a live operator

Employee Stock Options Grant

In addition, High Tide announces the grant of 258,000 incentive stock options (the “Options”) to various employees, consultants and management of the Company. Each Option is exercisable at the closing price of the Company’s common shares listed on the TSX Venture Exchange (the “TSXV”) based on the last trading day immediately prior to this press release, expires three years from the date of grant, and vests over a two-year period. Each Option is exercisable to purchase one common share of the Company and are being issued pursuant to the terms of the Company’s Omnibus Plan, which became effective on June 2, 2022.

Grant of Restricted Share Units

The Company also announced that its Board of Directors has approved a grant of 706,250 restricted share units (“RSUs”) to various employees, consultants and management of the Company pursuant to the Company’s restricted share unit plan. Each RSU entitles the holder to acquire one common share of the Company upon vesting.

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