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6-K2026-05-11· grok-4-1-fast-non-reasoning

HITI · High Tide Inc.

0001279569-26-000422

SEC filing

Summary

High Tide Inc. insiders, led by CEO Raj Grover, purchased 90,882 common shares at $3.39 average price between May 6-8, 2026, signaling confidence in the company's growth prospects.

Key takeaways

Full analysis

High Tide's insiders demonstrated strong alignment with shareholders by purchasing 90,882 common shares on the open market between May 6 and May 8, 2026, at an average price of $3.39 per share. This activity, led by CEO Raj Grover and including other officers, directors, and consultants, increased their aggregate ownership to 7,720,360 shares, representing 8.8% of the company's issued and outstanding common shares as of May 11, 2026. The purchases follow recent positive developments, including a $40 million credit facility term sheet with a Big 5 Canadian bank, record quarterly medical cannabis distribution volumes at subsidiary Remexian, a productive institutional investor roadshow, and BfArM data showing Remexian's German market share exceeding 14%—more than double since acquisition. CEO Grover emphasized the strengthening operational momentum across retail, international operations, and balance sheet, positioning these buys as a vote of confidence in long-term value creation.