High Tide pegs fiscal Q3 adj. EBITDA at $9.6M to $10.6M

Mr. Raj Grover reports HIGH TIDE ANNOUNCES PRELIMINARY Q3 2025 GUIDANCE High Tide Inc. has released guidance estimates regarding anticipated results for its third fiscal quarter ended July 31, 2025. The company expects record revenue, adjusted EBITDA (earnings before interest, taxes, depreciation and amortization) ahead of analyst forecasts and a two-year high in same-store sales growth. The company also shares details of its Q3 2025 earnings event. "This quarter's guidance showcases the strength and momentum of High Tide like never before. We expect to deliver record revenue and powerful sequential adjusted EBITDA growth. These results have been fuelled by a projected 7.4-per-cent increase in same-store sales during the quarter, which was our fastest growth rate in two years," said Raj Grover, founder and chief executive officer of High Tide. "These results, anticipated to be well above analyst expectations, highlight how underappreciated our core Canadian business remains. With our entry into Germany, through the recently announced acquisition of a majority stake in Remexian Pharma GmbH, we're no longer just a Canadian success story -- we're building the next global cannabis powerhouse." The company anticipates releasing full financial and operational results for the third fiscal quarter ended July 31, 2025, on Monday, Sept. 15, 2025, after markets close, with a conference call the following morning. Webcast for High Tide earnings event The company will host a webcast and conference call to discuss its audited results and outlook at 11:30 a.m. Eastern Time on Tuesday, Sept. 16, 2025. Participants are encouraged to preregister for the webcast by clicking on the link in the original version of this release prior to the beginning of the live webcast. Three hours after the live webcast, a replay of the webcast will be available. Participants who wish to ask questions during the event may do so through the call-in line, the access information for which is as follows: North American toll-free:  1-888-510-2154 International toll-free (Germany):  498005889782 About High Tide Inc. High Tide is the leading community-grown, retail-forward cannabis enterprise engineered to unleash the full value of the world's most powerful plant. Its wholly owned subsidiary, Canna Cabana, is the second-largest cannabis retail brand globally. High Tide is uniquely built around the cannabis consumer, with wholly diversified and fully integrated operations across all components of cannabis. We seek Safe Harbor.