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High Tide Forecasts Record Q3 Results Amid German Market Expansion

High Tide Inc. expects to report record-breaking revenue, gross profit, and adjusted EBITDA for the third fiscal quarter of 2026, with all metrics projected to surpass current analyst consensus. The Calgary-based cannabis firm anticipates revenue between $195 million and $200 million, signaling a strong performance across its international operations.

Management credits this growth to a two-pronged strategy involving a recovery in Canadian retail and rapid scaling in Germany. The company’s bricks-and-mortar segment saw same-store sales return to positive year-over-year growth in June and July, defying broader market trends. Simultaneously, its German subsidiary, Remexian Pharma GmbH, achieved a distribution record of over 10 tonnes of medical cannabis flower, marking a 60% increase compared to the previous year.

Founder and CEO Raj Grover stated that the firm’s performance exceeds the high end of current analyst estimates, suggesting that market expectations have not yet fully accounted for the company's operating leverage. High Tide plans to disclose its full financial and operational results on September 14, 2026, followed by a conference call the next morning to detail the quarter's outcomes.

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