The cannabis industry, once fueled by sky-high revenue projections and aggressive expansion strategies, is undergoing a critical transformation. Investors and industry buyers are moving away from gross top-line revenue as the primary valuation metric and focusing instead on EBITDA or EBIT. This shift marks a maturation phase for the industry …
High Tide beats sales estimates, but records loss as its continues its rapid expansion
High Tide Inc. (Nasdaq: HITI) (TSXV: HITI) reported record revenue in its fiscal first quarter, which ended on Jan. 31. In conjunction with the earnings release, the Canna Cabana retail chain operator addressed the recent halt to an acquisition in Germany and lower EBIDTA on its balance sheet. The company’s …
The Loyalty NewswireMarch 17, 2025
Global News Roundup from The Wise Marketer From the Editor Happy St. Patrick’s Day to those that celebrate to honor the patron saint of Ireland. Or a happy Monday for those opting out of getting decaled in green today. Some interesting stories that aren’t so lucky for consumers in …