CALGARY, AB, May 30, 2025 /PRNewswire/ - 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 the voting results from its annual general and special meeting of shareholders of the Company held on May 29, 2025 (the "Meeting"). Each nominee listed in the Company's management information circular dated April 17, 2025, was elected as a director of the Company.

Each of the following five nominees proposed by management was elected as a director of the Company. The results of such vote were as follows:

 
        NOMINEE                VOTES FOR        VOTES WITHHELD 
------------------------  -------------------  ---------------- 
                            Number       %      Number     % 
------------------------  ----------  -------  --------  ------ 
Harkirat ("Raj") Grover   16,429,716  99.54 %   72,250   0.46 % 
------------------------  ----------  -------  --------  ------ 
     Nitin Kaushal        16,325,592  99.52 %   79,374   0.48 % 
------------------------  ----------  -------  --------  ------ 
      Arthur Kwan         16,315,972  99.46 %   88,994   0.54 % 
------------------------  ----------  -------  --------  ------ 
   Christian Sinclair     16,291,469  98.71 %  213,497   1.29 % 
------------------------  ----------  -------  --------  ------ 
     Andrea Elliott       16,330,106  99.54 %   74,859   0.46 % 
------------------------  ----------  -------  --------  ------ 
 

In addition, at the Meeting, shareholders approved (i) fixing the board of directors (the "Board") at five; (ii) appointing Davidson & Company LLP as the Company's auditor for the ensuing year and authorizing the board to fix their compensation, and (iii) the approval of the Shareholder Rights Plan approved by the board on April 9, 2025. The results of such votes were as follows:

 
    Resolution            VOTES FOR        VOTES WITHHELD     VOTES AGAINST 
-------------------  -------------------  ----------------  ------------------ 
                       Number       %     Number      %      Number       % 
-------------------  ----------  -------  -------  -------  ---------  ------- 
 Fixing the Board 
      at  Five       16,473,398  99.81 %     -        -      31,568    0.19 % 
-------------------  ----------  -------  -------  -------  ---------  ------- 
  Appointment of 
     Davidson & 
   Company LLP as 
    the Auditors     16,416,170  99.46 %  88,795   0.54 %       -         - 
-------------------  ----------  -------  -------  -------  ---------  ------- 
    Approval of 
    Shareholder 
    Rights  Plan     11,145,702  67.94 %     -        -     5,258,613  32.06 % 
-------------------  ----------  -------  -------  -------  ---------  ------- 
 

ABOUT HIGH TIDE

High Tide, Inc. is the leading community-grown, retail-forward cannabis enterprise engineered to unleash the full value of the world's most powerful plant and is the second-largest cannabis retailer globally by store count(1) . High Tide (HITI) is uniquely-built around the cannabis consumer, with wholly-diversified and fully-integrated operations across all components of cannabis, including:

Bricks & Mortar Retail: Canna Cabana$(TM)$ is the largest cannabis retail chain in Canada, with 200 current locations spanning British Columbia, Alberta, Saskatchewan, Manitoba, Ontario and growing. In 2021, Canna Cabana became the first cannabis discount club retailer in the world.

Retail Innovation: Fastendr(TM) is a unique and fully automated technology that employs retail kiosks to facilitate a better buying experience through browsing, ordering and pickup.

Consumption Accessories: High Tide operates a suite of leading accessory e-commerce platforms across the world, including Grasscity.com, Smokecartel.com, Dailyhighclub.com, and Dankstop.com.

Brands: High Tide's industry-leading and consumer-facing brand roster includes Queen of Bud(TM) , Cabana Cannabis Co(TM) , Daily High Club(TM) , Vodka Glass(TM) , Puff Puff Pass(TM), Dopezilla(TM) , Atomik(TM) , Hue(TM) , Evolution(TM) and more.

CBD: High Tide continues to cultivate the possibilities of consumer CBD through Nuleafnaturals.com, FABCBD.com, blessedcbd.de and blessedcbd.co.uk.

Wholesale Distribution: High Tide keeps that cannabis category stocked with wholesale solutions via Valiant(TM) .

Licensing: High Tide continues to push cannabis culture forward through fresh partnerships and license agreements under the Famous Brandz(TM) name.

High Tide consistently moves ahead of the currents, having been named one of Canada's Top Growing Companies by the Globe and Mail's Report on Business in 2024 for the fourth consecutive year and was recognized as a top 50 company by the TSX Venture Exchange in 2022, 2024 and 2025. High Tide was also ranked number one in the retail category on the Financial Times list of Americas' Fastest Growing Companies for 2023. To discover the full impact of High Tide, visit www.hightideinc.com. For investment performance, don't miss the High Tide profile pages on SEDAR+ and EDGAR.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.

 
(______________________________) 
(1) As reported by ATB Capital Markets based on store counts as of February 6, 
2025 
 

CONTACT INFORMATION

Media Inquiries

Carter Brownlee

Communications and Public Affairs Advisor

High Tide Inc.

cbrownlee@hightideinc.com

403-770-3080

Investor Inquiries

Vahan Ajamian

Capital Markets Advisor

High Tide Inc.

vahan@hightideinc.com

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SOURCE High Tide Inc.

(END) Dow Jones Newswires

May 30, 2025 06:00 ET (10:00 GMT)