While many cannabis retailers in Canada face a tightening market,High Tide Inc.(NASDAQ:HITI) stands out with a robust increase in revenue and market share in its 2024 third-quarter financial results.

On Monday, the Calgary-based company reported record revenue of CA$131.7 million ($97 million), marking a 6% increase both year-over-year and sequentially.

CEO Raj Grover Discusses Growth Drivers

In an exclusive interview with Benzinga, High Tide's founder and CEORaj Grover highlighted the success of its discount club model. "Since the beginning of this calendar year alone, we have added 21 new stores, including 11 in the third quarter...