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High Tide projects record Q3 2026 sales and medical‑cannabis shipments in Germany
High Tide Inc. (Nasdaq: HITI) released its preliminary outlook for the third quarter ending 31 July 2026, forecasting at least 30 % growth in revenue, 27 % in gross profit and 43 % in adjusted EBITDA versus the prior year. The company said its Canadian retail stores continued same‑store sales growth, while its German subsidiary Remexian Pharma GmbH shipped more than 10 tonnes of medical‑cannabis flower – a 33 % rise from the previous quarter and a 60 % increase year‑over‑year – cementing its market position in Germany.
Entities
Better Home & Finance Holding Co. · Canada · City Holding Company · Daniel Lewis · David Moreno · FTAI Aviation Ltd. · Fair Isaac Corporation · Germany · High Tide Inc. · MoonLake Immunotherapeutics · RBC Capital Markets · Raj Grover
Claims
What the coverage asserts, and how well corroborated each claim is across sources.
- [○ 1 SOURCE] After the purchase, David Moreno owned 199,490 shares of FTAI Aviation, valued at about $40.15 billion.
- [○ 1 SOURCE] City Holding Company shares reached a 52‑week high of $147.56.
- [○ 1 SOURCE] City Holding announced a dividend of $0.87 per share.
- [○ 1 SOURCE] RBC Capital Markets cut its Fair Isaac price target from $2,400 to $1,525, a 36.5% reduction. news.alphastreet.com
- [○ 1 SOURCE] David Moreno acquired 2,475 shares of FTAI Aviation at $201.27 per share, spending $498,143.
- [○ 1 SOURCE] Wolfe Research cut its rating on Fair Isaac to Peer Perform and removed its prior buy recommendation. news.alphastreet.com
- [○ 1 SOURCE] Fair Isaac shares fell 6.8% after Wolfe Research and RBC Capital Markets downgraded the stock. news.alphastreet.com
- [○ 1 SOURCE] City Holding reported quarterly earnings of $2.35 per share, beating the consensus estimate of $2.23.