High Tide Issues Key Corporate Updates on Global Growth, Leadership, Financing, and Investor Relations
CALGARY, Alberta –High Tide Inc., a Canadian cannabis retail-focused company with a vertically integrated model, has announced a series of corporate developments spanning its international strategy, executive leadership, capital markets activities, and investor communications.
Continued Progress Toward Major Transaction in Germany
High Tide reported steady advancement on its proposed acquisition of a leading German medical cannabis importer and wholesaler. The transaction, described as one of the most significant in the company’s history, is fully funded through a junior secured loan completed last month.
The company emphasized that it is applying careful due diligence to ensure maximum long-term value for shareholders and expects to finalize definitive agreements soon. The acquisition is positioned as a critical move in High Tide’s global growth strategy, providing a stronger foothold in the European medical cannabis market.
Appointment of Vice President of Digital and eCommerce
High Tide appointed Sri Pavithra Priyalakshmi as vice president of digital and e-commerce. With over 11 years of global experience, Priyalakshmi’s background spans e-commerce, digital transformation, and project delivery across North America, Europe, and Asia.
Her career achievements include leading large-scale digital initiatives, building high-performing teams, and implementing data-driven strategies to boost customer engagement and sales. She will be tasked with advancing High Tide’s online retail presence and strengthening its technology-driven retail strategy.
Participation in Canaccord Genuity’s 45th Annual Growth Conference
The company confirmed its presence at Canaccord Genuity’s 45th Annual Growth Conference in Boston from August 12–14, 2025. Vahan Ajamian, High Tide’s capital markets adviser, delivered a presentation on August 12 and will engage in one-on-one meetings with institutional investors throughout the event.
The conference provides a platform for High Tide to connect with global investment leaders and showcase its business model, retail performance, and expansion plans.
Filing of Final Base Shelf Prospectus for Flexible Financing
To replace an expiring base shelf prospectus, High Tide has filed a new final short form base shelf prospectus in Canada, along with a corresponding shelf registration statement with the U.S. Securities and Exchange Commission under the Multijurisdictional Disclosure System.
The filing enables the company to issue up to C$100 million in various securities, including common shares, warrants, debt instruments, and subscription receipts, over a 25-month period. High Tide stressed that this move is a routine measure to maintain financial flexibility and that it has historically been conservative in raising capital, using only about $4 million from its prior shelf.
Proceeds from any future offering could be allocated toward general corporate purposes, expansion initiatives, acquisitions, or capital projects.
Engagement of Investor Relations Agency
High Tide has retained IR Agency, based in Newark, New Jersey, to manage investor relations efforts beginning August 14, 2025. The agency will focus on shareholder communications, investor outreach, media distribution, and building the company’s digital community.
Under the agreement, IR Agency will be paid USD $140,000 for one month of services. The agency operates independently of High Tide, and neither it nor its principals hold any securities or equity rights in the company.
Strategic Discipline and Shareholder Value
Throughout its update, High Tide reiterated its commitment to disciplined growth, minimal shareholder dilution, and reinvestment of positive cash flow to drive organic expansion. Management underscored that each of these developments from international expansion to capital market positioning is part of a broader effort to enhance shareholder value while strengthening the company’s operational foundation in Canada and beyond.
