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High Tide Inc. (NASDAQ:HITI) is one of the

7 Best Hemp Stocks To Buy Now.

On April 20, 2026, High Tide Inc. (NASDAQ:HITI) announced that its Canna Cabana store in Caledonia, Ontario, will start adult-use cannabis sales, lifting its network to 221 sites countrywide and 97 in Ontario.

As per the company’s outlook, Canna Cabana handles 220 locations, and it is looking forward to adding 20-30 more in 2026. It has a long-term goal of topping 350 sites, besides looking into M&A prospects. It stated that its white-label portfolio has grown to 35 SKUs, accounting for 1.6% of retail sales, with plans to expand to about 20% over time.

High Tide Inc. (NASDAQ:HITI) said that Cabana Club membership in Canada surpassed 2.58 million, a 47% growth YoY, while global membership reached 6.65 million, with ELITE members exceeding 171,000 worldwide.

Copyright: atomazul / 123RF Stock Photo

The company stated that its e-commerce unit contributed 2% of revenue and had recovered sequentially. Remexian pulled off $25 million in Q1 sales, up over 70% sequentially, with February revenue exceeding $12 million.

High Tide Inc. (NASDAQ:HITI) is a retail cannabis firm. It manufactures and distributes consumer accessories. It operates in three brick-and-mortar, e-commerce, and medical cannabis distribution segments.

While we acknowledge the potential of HITI as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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