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Raj Grover

Raj Grover

Founder, President and CEO of High Tide Inc. (NASDAQ: HITI), a leading Canadian cannabis retail company.

Oct 7, 2026

MackenzieHOST
8:29
Would love to get sort of that high s- high-level story, uh, in Germany as well.
8:34
Yeah, for sure.
8:35
So Germany brought together two things for us that made sense.
8:38
You know, uh, that market needed a quality supplier, uh, because, you know, Canada is supplying almost 60, 70% of everything that enters Germany, and we wanted to put our Canadian producer relationships at work internationally.
8:50
Again, I'm the biggest buyer, or High Tide is the biggest buyer through its Cannacabana n- uh, store network, uh, outside the provincial, provincial boards.
8:57
So, you know, we thought we should leverage these relationships internationally and, and when we put two and two together, we saw what Canada was doing in terms of exports.
9:05
You know, exports have gone to almost $600 million now over the last couple of years.

8 MINS LATER

MackenzieHOST
16:40
I am curious in terms of when we see sort of the interest and the market kind of really understand the opportunity here, when do you think that sort of catches up to the numbers, the story, the actual business?
9:07
Yeah.
9:07
We're, we're starting to see the operating leverage that we've spent years building now starting to show up, and, and we're delivering that.
9:13
Uh, this was absolutely the best quarter in High Tide's history.
9:16
Uh, sec- Q2, I said the same thing, it was absolutely the best quarter in High Tide's history.
9:20
Well, we've done that again in Q3.
9:22
We had record revenues, 198 million, uh, you know, up 33%.
9:26
Fifth consecutive quarterly revenue record.

14 MINS LATER

23:40
Yeah
6:55
What's driving, I guess, this level of operating leverage inside the business? Because I always say this every quarter, it seems like you're breaking numbers.
7:03
100%.
7:04
Look, first of all, you said it.
7:06
Our, you know, even the low end of our guidance beats the highest analyst estimates on all three metrics.
7:12
And, you know, and we've still saved some highlights for September 14th, so stay tuned.
7:16
This is not all.
7:17
Uh, this is a bit of a teaser that we wanted to put out, given, you know, what's happening to our stock price.

7 MINS LATER

14:44
Mm.

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