High Tide CEO says exciting 2Q reveals 197% increase in revenue
June 26, 2020
High Tide Inc (CSE: HITI) (OTCQB: HITIF) CEO Raj Grover tells Proactive the Calgary-based cannabis firm recently revealed its 2Q earnings, increasing revenue by 197% from the previous year’s quarter. Grover says within the firm’s peer group, its the only one in the space to deliver adjusted positive EBITDA of $1.94 million. He adds the firm is quite confident going forward investors will see an increase in both revenue and gross margins.