- High Tide Inc. (HITI, Financial) announces change of auditors effective April 17, 2025.
- Ernst & Young LLP is replaced by Davidson & Company LLP as per board approval.
- High Tide operates 196 Canna Cabana retail locations across Canada.
High Tide Inc. (Nasdaq: HITI) has officially transitioned its auditors from Ernst & Young LLP to Davidson & Company LLP, effective April 17, 2025. The decision, which came at the request of the company, was approved by the board of directors following recommendations from the audit committee. The transition follows a clean exit with no reservations or modified opinions from the previous auditor's reports.
High Tide is recognized as the second-largest cannabis retailer globally by store count. It operates Canna Cabana, Canada's largest cannabis retail chain, with 196 locations spread across British Columbia, Alberta, Saskatchewan, Manitoba, and Ontario. The company continues to innovate in the retail sector, utilizing Fastendr™ technology to enhance consumer experience through automated kiosks.
For the fourth consecutive year, High Tide has been acknowledged as one of Canada's Top Growing Companies by the Globe and Mail and ranked first in the retail category on the Financial Times list of Americas' Fastest Growing Companies in 2023. High Tide's continued expansion in the cannabis market underscores its commitment to delivering exceptional value through diversified operations and innovative retail solutions.