High Tide falls following quarterly loss
U.S.-listed shares of Canadian cannabis firm High Tide HITI.V fall 4.9% to $2.31
HITI reports a Q1 net loss of C$2.7 million ($1.89 million) compared to breaking even in the prior year
Company reports Q1 adjusted core profit (EBITDA) of C$7.1 million compared with C$10.4 million a year ago
HITI reports Q1 revenue of C$142.5 million, vs estimates of C$138.83 million, according to data compiled by LSEG
Up till last close, stock down 21.4% YTD
($1 = 1.4290 Canadian dollars)
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