Business
High Tide Tops 2 Million Cabana Club Members and 100,000 ELITE Members Nationwide
High Tide Tops 2 Million Cabana Club Members and 100,000 ELITE Members Nationwide Canad...
About this update from High Tide, Inc.
[{"type":"text","content":"\n\n\n\n High Tide Tops 2 Million Cabana Club Members and 100,000 ELITE Members Nationwide\n \n\n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n \n\n\n\n\n\n Canada NewsWire\n \n\n\n\n\n\n The Company Also Files a Preliminary Base Shelf Prospectus\n \n\n\n\n\n\n CALGARY, AB\n \n\n ,\n \n\n July 28, 2025\n \n\n /CNW/ - 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, announced today that it has officially surpassed 2\n \n\n million Cabana Club members, solidifying its position as the largest and most robust bricks-and-mortar cannabis loyalty program in\n \n Canada\n \n . In addition, the Company's paid loyalty tier, ELITE, has exceeded 104,000 members nationwide—a major milestone in the growth of its innovative discount club model.\n \n\n\n\n\n\n\n\n\n \"Crossing 2 million Cabana Club members and surpassing 100,000 ELITE members are landmark achievements for High Tide and clear proof points of the power behind our unique discount club model,\" said Raj Grover, Founder and Chief Executive Officer of High Tide. \"Our rapidly growing membership base fuels the loyalty engine that drives traffic, margin, and differentiation. As we continue our expansion towards over 300 Canna Cabana locations across the country, I'm confident our Cabana Club and ELITE programs will remain key drivers of growth as we expand our national footprint and continue elevating the cannabis retail experience.\"\n \n\n\n\n Base Shelf Prospectus\n \n\n\n\n High Tide is also pleased to announce that it has filed a preliminary short form base shelf prospectus (the \"Prospectus\") to replace its final short form base shelf prospectus dated August\n \n\n 3, 2023 in anticipation of its expiry on September\n \n\n 3, 2025. The Prospectus will provide the Company with the flexibility to take advantage of financing opportunities and favourable market conditions, if and when needed, during the 25-month period that the Prospectus, once m...