<SEC-DOCUMENT>0001279569-24-001512.txt : 20241230
<SEC-HEADER>0001279569-24-001512.hdr.sgml : 20241230
<ACCEPTANCE-DATETIME>20241230070827
ACCESSION NUMBER:		0001279569-24-001512
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		3
CONFORMED PERIOD OF REPORT:	20241230
FILED AS OF DATE:		20241230
DATE AS OF CHANGE:		20241230

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			High Tide Inc.
		CENTRAL INDEX KEY:			0001847409
		STANDARD INDUSTRIAL CLASSIFICATION:	RETAIL-RETAIL STORES, NEC [5990]
		ORGANIZATION NAME:           	07 Trade & Services
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			A0
		FISCAL YEAR END:			1031

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-40258
		FILM NUMBER:		241586939

	BUSINESS ADDRESS:	
		STREET 1:		#112, 11127 15TH STREET NE
		CITY:			CALGARY
		STATE:			A0
		ZIP:			T3K 2M4
		BUSINESS PHONE:		855-747-6420

	MAIL ADDRESS:	
		STREET 1:		#112, 11127 15TH STREET NE
		CITY:			CALGARY
		STATE:			A0
		ZIP:			T3K 2M4
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
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<FILENAME>hightide6k.htm
<DESCRIPTION>FORM 6-K
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    <title>High Tide Inc.: Form 6-K - Filed by newsfilecorp.com</title>
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<p style="margin-bottom: 0pt; text-align: center; background-color: #ffffff"><b><font size="5">UNITED STATES</font></b></p>
    <p style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; background-color: #ffffff;"><b><font size="5">SECURITIES AND EXCHANGE COMMISSION</font></b></p>
    <p style="margin-top: 0pt; text-align: center; background-color: #ffffff;"><b>Washington, D.C. 20549</b></p>

    <p style="text-align: center; background-color: #ffffff;"><b><font size="5">FORM 6-K</font></b></p>

    <p style="margin-bottom: 0pt; text-align: center; background-color: #ffffff;"><b>REPORT OF FOREIGN PRIVATE ISSUER</b></p>
    <p style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; background-color: #ffffff;"><b>PURSUANT TO RULE 13a-16 OR 15d-16</b></p>
    <p style="margin-top: 0pt; text-align: center; background-color: #ffffff;"><b>OF THE SECURITIES EXCHANGE ACT OF 1934</b></p>
    <p style="text-align: center; background-color: #ffffff;"><b>For the month of December 2024</b></p>
    <p style="text-align: center; background-color: #ffffff;"><b>Commission File Number: 001-40258</b></p>

    <p style="margin-bottom: 0pt; text-align: center; background-color: #ffffff;"><b><font size="5">HIGH TIDE INC.</font></b></p>
    <p style="margin-top: 0pt; text-align: center; background-color: #ffffff;"><b>(Registrant)</b></p>

    <p style="margin-bottom: 0pt; text-align: center; background-color: #ffffff;"><b>11127 - 15 Street N.E., Unit 112</b></p>
    <p style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; background-color: #ffffff;"><b>Calgary, Alberta</b></p>
    <p style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; background-color: #ffffff;"><b>Canada T3K 2M4 </b></p>
    <p style="margin-top: 0pt; text-align: center; background-color: #ffffff;"><b>(Address of Principal Executive Offices)</b></p>

    <p style="background-color: #ffffff; text-align: justify;">Indicate by check mark whether the Registrant files or will file annual reports under cover of Form 20-F or Form 40-F.</p>
    <p style="text-align: center; background-color: #ffffff;">Form 20-F&#160; &#9744;&#160; &#160; &#160; &#160; &#160; &#160; Form 40-F&#160; &#9746;</p>

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<p style="text-align: center; background-color: #ffffff"><u><b>SIGNATURES</b></u></p>
    <p style="text-align: justify;">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.</p>
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                <p>&#160;</p>
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                <p><b>HIGH TIDE INC.</b></p>
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                <p>&#160;</p>
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                <p>(Registrant)</p>
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                <p>&#160;</p>
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                <p>&#160;</p>
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                <p>Date: December 30, 2024</p>
            </td>
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                <p>&#160;</p>
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                <p>&#160;</p>
            </td>
            <td style="vertical-align: bottom; background-color: #ffffff;">
                <p>By</p>
            </td>
            <td style="vertical-align: bottom; background-color: #ffffff;">
                <p>&#160;</p>
            </td>
            <td style="vertical-align: bottom; background-color: #ffffff;">
                <p style="border-bottom: 0.75pt solid #000000;">/s/ Raj Grover</p>
            </td>
        </tr>
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            <td style="vertical-align: top; background-color: #ffffff;">
                <p>&#160;</p>
            </td>
            <td style="vertical-align: bottom; background-color: #ffffff;">
                <p>&#160;</p>
            </td>
            <td style="vertical-align: bottom; background-color: #ffffff;">
                <p>&#160;</p>
            </td>
            <td style="vertical-align: bottom; background-color: #ffffff;">
                <p>&#160;</p>
            </td>
            <td style="vertical-align: bottom; background-color: #ffffff;">
                <p>&#160;</p>
            </td>
            <td style="vertical-align: bottom; background-color: #ffffff;">
                <p>&#160;</p>
            </td>
            <td style="vertical-align: bottom; background-color: #ffffff;">
                <p>Raj Grover</p>
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                <p>&#160;</p>
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                <p>&#160;</p>
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                <p>&#160;</p>
            </td>
            <td style="vertical-align: bottom; background-color: #ffffff;">
                <p>President and Chief Executive Officer</p>
            </td>
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                <p>&#160;</p>
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                <p>&#160;</p>
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                <p>&#160;</p>
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                <p>&#160;</p>
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<p style="text-align: center"><u><b></b></u></p>

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<p style="text-align: center"><u><b></b></u></p>

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<p style="text-align: center"><u><b>EXHIBIT INDEX</b></u></p>
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            <td style="border-bottom: #000000 0.75pt solid; vertical-align: bottom; width: 7%"><font style="font-size: 8pt"><b>Exhibit</b></font></td>
            <td style="vertical-align: bottom; width: 5%"><font style="font-size: 8pt">&#160;</font></td>
            <td style="border-bottom: #000000 0.75pt solid; vertical-align: bottom"><font style="font-size: 8pt"><b>Description of Exhibit</b></font></td>
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                <p>&#160;</p>
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                <p>&#160;</p>
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        <tr style="background-color: rgb(204,238,255)">
            <td style="vertical-align: top">
                <p><a href="ex991.htm">99.1</a></p>
            </td>
            <td style="vertical-align: bottom">&#160;</td>
            <td style="vertical-align: top">
                <p><a href="ex991.htm">News Release dated December 30, 2024 - High Tide Recaps Key Milestones of 2024</a></p>
            </td>
        </tr>
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</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>ex991.htm
<DESCRIPTION>NEWS RELEASE DATED DECEMBER 30, 2024
<TEXT>
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<P STYLE="text-align: right; margin: 0"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt"><B>&nbsp;&nbsp;Exhibit
99.1</B></FONT></P>

<P STYLE="margin: 0; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt"><B>&nbsp;</B></FONT></P>

<P STYLE="margin: 0; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt"><B>&nbsp;</B></FONT>&nbsp;<IMG SRC="logo.jpg" ALT=""></P>

<P STYLE="font: bold 14pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0"></P>

<P STYLE="font: bold 24pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0">High Tide Recaps Key Milestones of 2024</P>

<P STYLE="font: 15pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0">CALGARY, AB, Dec. 30, 2024 /CNW/ - High Tide Inc.
(&quot;<B>High Tide</B>&quot; or the <B>&quot;Company</B>&quot;) (Nasdaq: HITI) (TSXV: HITI) (FSE: 2LYA), the high-impact, retail-forward
enterprise built to deliver real-world value across every component of cannabis, is pleased to reflect on its key milestones for 2024,
a year that saw the Company again achieve record growth while delivering on key publicly communicated objectives. From generating positive
free cash flow for five consecutive quarters to launching its disruptive Cabana Club program in the United States and Europe, all while
closing 2024 as the top revenue-generating cannabis company in Canada<SUP>1</SUP>&nbsp;for the third consecutive year, the Company continues
to grow rapidly, largely utilizing internal cash flow.</P>

<P STYLE="font: 15pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0"><I>High Tide's 2024 Highlights:</I></P>

<UL STYLE="list-style-type: disc">

<LI STYLE="font: 15pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 12pt">Delivered continued rapid growth in its unique membership program,
which remains the largest such bricks-and-mortar cannabis loyalty program in Canada, with over 1.55 million Cabana Club members and over
57,000 ELITE members</LI>

<LI STYLE="font: 15pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 12pt">Added 29 new Canna Cabana locations in 2024, closing the year
at 191 stores across Canada</LI>

<LI STYLE="font: 15pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 12pt">Delivered positive net income for two consecutive quarters, an
annualized revenue run rate of over $525 million dollars, five consecutive quarters of positive free cash flow with trailing free cash
flow totaling $21.8 million, and a cash-on-hand balance of $35.3 million, a record.</LI>

<LI STYLE="font: 15pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 12pt">Achieved 12% market share across the five Canadian provinces where
Canna Cabana has a presence<SUP>2</SUP></LI>

<LI STYLE="font: 15pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 12pt">Over the past three years, the Company's same-store sales are
up 118%, while the average operator experienced a decline of 21% during this time period<SUP>3</SUP></LI>

<LI STYLE="font: 15pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 12pt">Realized annualized retail sales per square foot of $1,658 across
the Canna Cabana store network during the third fiscal quarter of 2024, higher than best-in-class retailers like Wal-Mart, Target, Canadian
Tire and many others<SUP>4</SUP></LI>

<LI STYLE="font: 15pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 12pt">Expanded the first-of-its-kind and innovative Cabana Club membership
program across the entirety of the United States (U.S.) through cabanaclubusa.com, as well as the European Union (EU) and the United Kingdom
(UK) through cabanaclub.eu, building on its existing international customer base of over 4 million</LI>

<LI STYLE="font: 15pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 12pt">Was recognized as a Top 10 Ranked Company&nbsp;in the Diversified
Industries Sector by the TSX Venture 50 for 2024, and achieved a ranking of 87 out of 417 in the Globe and Mail's annual ranking of Canada's
&quot;Top Growing Companies&quot;&nbsp;with 486% revenue growth over three years, marking the fourth year in a row the Company made this
list</LI>

<LI STYLE="font: 15pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 12pt">Expanded its premium white-label offerings by acquiring the well-established
Queen of Bud brand</LI>

<LI STYLE="font: 15pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 12pt">Increased research coverage to seven equity research analysts</LI>

<LI STYLE="font: 15pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 12pt">Launched its next-gen Canna Cabana 2.0 Website</LI>

</UL>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse">
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    <TD STYLE="padding: 0.5pt 2.05pt 0.5pt 3.95pt; font: 15pt Arial, Helvetica, Sans-Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">___________________________________</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding: 0.5pt 2.05pt 0.5pt 3.95pt; font: 15pt Arial, Helvetica, Sans-Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt"><SUP>1</SUP>Ranking relates to companies reporting in CAD, as reported by:&nbsp;https://www.newcannabisventures.com/cannabis-company-revenue-ranking/</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding: 0.5pt 2.05pt 0.5pt 3.95pt; font: 15pt Arial, Helvetica, Sans-Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt"><SUP>2</SUP>Market share reflects the months of May and June 2024, per publicly available Statistics Canada data</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding: 0.5pt 2.05pt 0.5pt 3.95pt; font: 15pt Arial, Helvetica, Sans-Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt"><SUP>3</SUP>Per publicly available data provided by Statistics Canada and provincial regulators</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding: 0.5pt 2.05pt 0.5pt 3.95pt; font: 15pt Arial, Helvetica, Sans-Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt"><SUP>4</SUP>Source: Respective company filings</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 15pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0">&quot;This year has been extraordinary for High Tide
from an operational, financial, and growth perspective,&quot; said Raj Grover, Founder and Chief Executive Officer of High Tide. &quot;Through
disciplined growth and a relentless focus on the bottom line, we achieved two consecutive quarters of net income, five straight quarters
of positive free cash flow, and SG&amp;A at its lowest level in four years. Not only did we achieve rapid organic growth powered primarily
by internally generated cash, but we also closed the last quarter with the highest cash-on-hand balance in our history.</P>

<P STYLE="font: 15pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0">&quot;The Cabana Club continues to be our crown jewel,
now boasting over 1.55 million members in Canada, including 57,000 ELITE members. This success has driven our 12% market share in Canadian
brick-and-mortar sales, and its recent rollout in the U.S. and Europe is already showing encouraging results. To accelerate our international
growth, we are gearing up to expand further in the European cannabis market early next year.</P>

<P STYLE="font: 15pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0">&quot;While we're closing 2024 on a high note, I am
beyond excited about what 2025 holds. At High Tide, we've always set bold ambitions, and seeing those dreams materialize is truly inspiring.
I want to extend my deepest gratitude to our customers, shareholders, and team members&mdash;your unwavering support and dedication make
all of this possible. With everything we've accomplished so far, I'm confident that our best is still ahead of us,&quot; added Mr. Grover.</P>

<P STYLE="font: 15pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0"><B>ABOUT HIGH TIDE</B></P>

<P STYLE="font: 15pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0">High Tide, Inc. is the leading community-grown, retail-forward
cannabis enterprise engineered to unleash the full value of the world's most powerful plant and is the second-largest cannabis retailer
globally by store count<SUP>5</SUP>. High Tide (HITI) is uniquely-built around the cannabis consumer, with wholly-diversified and fully-integrated
operations across all components of cannabis, including:</P>

<P STYLE="font: 15pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0"><I>Bricks &amp; Mortar Retail</I>: Canna Cabana&trade;
is the largest cannabis retail chain in Canada, with 191 current locations spanning British Columbia, Alberta, Saskatchewan, Manitoba,
Ontario and growing. In 2021, Canna Cabana became the first cannabis discount club retailer in the world.</P>

<P STYLE="font: 15pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0"><I>Retail Innovation</I>: Fastendr&trade; is a unique
and fully automated technology that employs retail kiosks to facilitate a better buying experience through browsing, ordering and pickup.</P>

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  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding: 0.5pt 2.05pt 0.5pt 3.95pt; font: 15pt Arial, Helvetica, Sans-Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">________________________________</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding: 0.5pt 2.05pt 0.5pt 3.95pt; font: 15pt Arial, Helvetica, Sans-Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt"><SUP>5</SUP>As reported by&nbsp;ATB Capital Markets based on store counts as of February 8, 2024&nbsp;</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 15pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0"><I>Consumption Accessories</I>: High Tide operates
a suite of leading accessory e-commerce platforms across the world, including Grasscity.com, Smokecartel.com, Dailyhighclub.com, and Dankstop.com.</P>

<P STYLE="font: 15pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0"><I>Brands: </I>High Tide's industry-leading and consumer-facing
brand roster includes Queen of Bud&trade;, Cabana Cannabis Co&trade;, Daily High Club&trade;, Vodka Glass&trade;, Puff Puff Pass&trade;,
Dopezilla&trade;, Atomik&trade;, Hue&trade;, Evolution&trade;&nbsp;and more.</P>

<P STYLE="font: 15pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0"><I>CBD</I>: High Tide continues to cultivate the possibilities
of consumer CBD through Nuleafnaturals.com, FABCBD.com, blessedcbd.de and blessedcbd.co.uk.</P>

<P STYLE="font: 15pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0"><I>Wholesale Distribution</I>: High Tide keeps that
cannabis category stocked with wholesale solutions via Valiant&trade;.</P>

<P STYLE="font: 15pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0"><I>Licensing</I>: High Tide continues to push cannabis
culture forward through fresh partnerships and license agreements under the Famous Brandz&trade; name.</P>

<P STYLE="font: 15pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0">High Tide consistently moves ahead of the currents,
having been named one of Canada's Top Growing Companies by the Globe and Mail's Report on Business in 2024 for the fourth consecutive
year and was named as one of the top 10 performing diversified industries stocks in both 2022 and 2024 TSX Venture 50. High Tide was also
ranked number one in the retail category on the Financial Times list of Americas' Fastest Growing Companies for 2023. To discover the
full impact of High Tide, visit www.hightideinc.com. For investment performance, don't miss the High Tide profile pages on SEDAR+ and
EDGAR.</P>

<P STYLE="font: 15pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0"><I>Neither the TSX Venture Exchange nor its Regulation
Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release</I>.</P>

<P STYLE="font: 15pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0"><I>CONTACT INFORMATION</I></P>

<P STYLE="font: 15pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0"><I>Media Inquiries<BR>
Omar Khan<BR>
Chief Communications and Public Affairs Officer<BR>
High Tide Inc.<BR>
omar@hightideinc.com<BR>
403-770-3080</I></P>

<P STYLE="font: 15pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0"><I>Investor Inquiries<BR>
Vahan Ajamian<BR>
Capital Markets Advisor<BR>
High Tide Inc.<BR>
vahan@hightideinc.com&nbsp;</I></P>

<P STYLE="font: 15pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0"><B><I>CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS</I></B></P>

<P STYLE="font: 15pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0"><I>This press release may contain &quot;forward-looking
information&quot; and &quot;forward-looking statements within the meaning of applicable securities legislation. The use of any of the
words &quot;could&quot;, &quot;intend&quot;, &quot;expect&quot;, &quot;believe&quot;, &quot;will&quot;, &quot;projected&quot;, &quot;estimated&quot;
and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information
and are based on the Company's current belief or assumptions as to the outcome and timing of such future events. The forward-looking statements
herein include, but are not limited to, statements regarding: the effect of the company performance on the capital markets, the Company
remaining on a positive growth trajectory, the ability of the Company to expand into Europe on the timeline indicated herein, and our
ability to grow our bricks and mortar footprint in Canada. Readers are cautioned to not place undue reliance on forward-looking information.
Actual results and developments may differ materially from those contemplated by these statements. Although the Company believes that
the expectations reflected in these statements are reasonable, such statements are based on expectations, factors, and assumptions concerning
future events which may prove to be inaccurate and are subject to numerous risks and uncertainties, certain of which are beyond the Company's
control, including but not limited to the risk factors discussed under the heading &quot;Non-Exhaustive List of Risk Factors&quot; in
Schedule A to our current annual information form, and elsewhere in this press release, as such factors may be further updated from time
to time in our periodic filings, available at www.sedarplus.ca and www.sec.gov, which factors are incorporated herein by reference. Forward-looking
statements contained in this press release are expressly qualified by this cautionary statement and reflect the Company's expectations
as of the date hereof and are subject to change thereafter. The Company undertakes no obligation to update or revise any forward-looking
statements, whether as a result of new information, estimates or opinions, future events or results, or otherwise, or to explain any material
difference between subsequent actual events and such forward-looking information, except as required by applicable law.</I></P>

<P STYLE="font: 15pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0"><B><I>CAUTIONARY NOTE REGARDING FUTURE ORIENTED FINANCIAL
INFORMATION</I></B></P>

<P STYLE="font: 15pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0"><I>This press release may contain future oriented
financial information (&quot;<B>FOFI</B>&quot;) within the meaning of applicable securities legislation about prospective results of operations,
financial position or cash flows, which is subject to the same assumptions, risk factors, limitations, and qualifications as set out in
the above &quot;Cautionary Note Regarding Forward-Looking Statements&quot;. FOFI is not presented in the format of a historical balance
sheet, income statement or cash flow statement. FOFI does not purport to present the Company's financial condition in accordance with
IFRS as issued by the International Accounting Standards Board, and there can be no assurance that the assumptions made in preparing the
FOFI will prove accurate. The actual results of operations of the Company and the resulting financial results will likely vary from the
amounts set forth in the analysis presented, and such variation may be material (including due to the occurrence of unforeseen events
occurring subsequent to the preparation of the FOFI). The Company and management believe that the FOFI has been prepared on a reasonable
basis, reflecting management's best estimates and judgments as of the applicable date. However, because this information is highly subjective
and subject to numerous risks, readers are cautioned not to place undue reliance on the FOFI as necessarily indicative of future results.
Except as required by applicable securities laws, the Company undertakes no obligation to update such FOFI.&nbsp;</I></P>

<P STYLE="font: 15pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0">View original content to download multimedia:https://www.prnewswire.com/news-releases/high-tide-recaps-key-milestones-of-2024-302339907.html</P>

<P STYLE="font: 15pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0">SOURCE High Tide Inc.</P>

<P STYLE="font: 15pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0">View original content to download multimedia: http://www.newswire.ca/en/releases/archive/December2024/30/c9623.html</P>

<P STYLE="font: 15pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0">%CIK: 0001847409</P>

<P STYLE="font: 15pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0">CO: High Tide Inc.</P>

<P STYLE="font: 15pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0">CNW 06:00e 30-DEC-24</P>

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end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
