High Tide gains on becoming top revenue-generating cannabis co in Canada

A-Cap Energy

22/11/2022 18:10

** Shares of retail-focused cannabis co High Tide Inc
 HITI.V  up 8.3% at C$2.74 - hitting a more than four-month high
    ** HITI becomes highest revenue-generating cannabis company
in Canada, according to data released by New Cannabis Ventures
    ** HITI posted quarterly revenue of C$95.4 mln in Q3
    ** HITI, with 98% Y-O-Y revenue growth, ranks above Canopy
Growth  WEED.TO , SNDL Inc  SNDL.O , Nova Cannabis  NOVC.TO  and
Aurora Cannabis  ACB.TO 
    ** New Cannabis Ventures, a cannabis-centric news and
information platform, posted its index based on filings through
Nov 14, 2022
    ** HITI is only gainer among major cannabis companies today
    ** Including session's gain, HITI down 49% YTD
 (Reporting by Arshreet Singh in Bengaluru)
 ((Arshreet.Singh@thomsonreuters.com))