High Tide Inc. (HITI) Q2 2025 Earnings Call

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WEBVTT 00:00:01.195 -- 00:00:05.981 Good morning. My name is Angeline, and I will be your conference operator today. 00:00:05.981 -- 00:00:11.589 At this time, I would like to welcome everyone to the high tide second quarter 2025 00:00:11.589 -- 00:00:16.876 financial results conference call. All lines have been placed on mute 00:00:16.876 -- 00:00:21.863 to prevent any background noise. After the speaker's remarks, there will be a question 00:00:21.863 -- 00:00:26.930 and answer session. If you would like to ask a question during this time, simply press 00:00:26.930 -- 00:00:30.524 the star, then the number one on your telephone keypad. 00:00:30.524 -- 00:00:34.608 If you would like to withdraw your question, please press the pound key. 00:00:34.608 -- 00:00:39.511 Thank you. Mr. Brownlee, you may begin your conference. 00:00:39.613 -- 00:00:43.597 Thank you, Angeline. Good morning, everyone, and welcome to High Tide Inc's quarterly 00:00:43.597 -- 00:00:47.821 earnings call. Please note that all earnings discussed on this call are presented on 00:00:47.821 -- 00:00:51.865 an unaudited basis. Joining me on the call today are Mr. 00:00:51.865 -- 00:00:55.288 Raj Grover, President and Chief Executive Officer, and Mr. 00:00:55.288 -- 00:01:00.522 Mayank Mahajan, Chief Financial Officer. On June 16th, 2025, the company 00:01:00.522 -- 00:01:04.667 released unaudited financial and operational results for the fiscal quarter that ended 00:01:04.667 -- 00:01:07.188 April 30th, 2025. 00:01:07.251 -- 00:01:11.417 Before we begin, please let me remind you that during the course of this conference call, 00:01:11.417 -- 00:01:15.682 High Tides Management may make statements, including with respect to management's expectations 00:01:15.682 -- 00:01:18.246 or estimates of future p...