High tide reports third quarter 2023 financial results featuring positive free cash flow of $4.1 million and fourth consecutive quarter of record revenue and adjusted ebitda of $124.4 million and $10.2 million, respectively

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 . the company has achieved positive free cash flow 1  of $4.1 million this quarter, in advance of its previously stated goal to reach this milestone by december 2023 same-store sales increased by 19% year-over-year and 8% sequentially.
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