High Tide reports Q1 EPS (C$0.03) vs. C$0.00 last year

Reports Q1 revenue C$142.46M vs. C$128.07M last year. “I am pleased to report yet another quarter featuring record revenue. This continued momentum is supported by our core Canadian bricks-and-mortar business which is generating double digit growth, and continues to get stronger every day. This is demonstrated by the fact that Q1 same store sales experienced their fastest pace of growth in four quarters. At the same time, Canadian Cabana Club membership has exceeded 1.76 million, with ELITE memberships also growing at their fastest rate since the club’s inception,” said Raj Grover, Founder and Chief Executive Officer of High Tide (HITI).