High tide reports third quarter 2024 financial results featuring record revenue of $131.7 million, and 2nd consecutive quarter of positive net income

The company also reports 5th consecutive quarter of positive free cash flow with trailing free cash flow totaling $21.8 million and achieves 12% market share in the provinces where it operates 1 , up from 10% a year ago this news release constitutes a "designated news release" for the purposes of the company's prospectus supplement dated august 31, 2023, to its short form base shelf prospectus dated august 3, 2023. high tide remains the highest revenue generating cannabis company reporting in canadian dollars 2 , delivers quarterly revenue of $131.7 million, an all-time record and an increase of 6% year-over-year and sequentially and reaches an annualized run rate exceeding $525 million income from operations was $3.1 million, marking sizeable improvements from $(0.7) million during the same period last year and $2.0 million sequentially.
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