Insider TradingMay 11, 2026, 08:01 AM
High Tide Insiders Acquire 90,882 Shares at $3.39 Average Price
AI Summary
High Tide Inc. announced that certain officers, directors, and consultants, including the CEO, collectively acquired 90,882 common shares on the open market between May 6 and May 8, 2026, at an average price of $3.39 per share. These purchases reflect confidence in the company's intrinsic value and growth prospects. Insiders now own approximately 8.8% of the company's outstanding shares. The company also highlighted recent achievements, including securing a $40 million credit facility and Remexian's medical cannabis market share in Germany rising to over 14%.
Key Highlights
- Insiders, led by the CEO, acquired 90,882 common shares.
- Shares were purchased on the open market between May 6-8, 2026.
- Average purchase price was $3.39 per common share.
- Insiders now own or control 7,720,360 common shares.
- This represents approximately 8.8% of the company's outstanding shares.
- High Tide secured a $40 million credit facility term sheet.
- Remexian's market share in Germany rose to over 14% in Q1 2026.
Price Impact
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