News

High Tide Posts Record $198.8M Quarterly Revenue, Nears $800M Run Rate

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High Tide Posts Record $198.8M Quarterly Revenue, Nears $800M Run Rate

Calgary – September 17, 2026 -- High Tide Inc. (Nasdaq: HITI; TSXV: HITI) reported record revenue of $198.8 million for its third fiscal quarter ended July 31, 2026, up 33% year-over-year and pushing the cannabis retailer toward an annualized run rate of approximately $800 million.

Revenue Growth Accelerates to Fastest Pace in 13 Quarters

Revenue climbed 11% sequentially, the strongest sequential gain in 15 quarters, marking the fifth consecutive quarter of all-time highs. Gross profit reached a record $52.7 million, up 32% year-over-year, while gross margin held steady at 27%.

Adjusted EBITDA Hits 12-Quarter High of $16.2 Million

Adjusted EBITDA rose 53% year-over-year and 17% sequentially to $16.2 million, lifting margin to 8.2%, the highest level in 12 quarters. Revenue grew 2.5 times faster than the Company's average basic share count year-over-year, while Adjusted EBITDA grew 3.9 times faster, according to the Company.

Oil Splits: IEA Cuts Demand, EIA Lifts Brent as Refiners Post Record Margins

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Oil Splits: IEA Cuts Demand, EIA Lifts Brent as Refiners Post Record Margins

NEW YORK – September 17, 2026 -- Crude settled near $100 a barrel Friday after Iranian state media said Tehran would meet Gulf states in Oman to discuss the Strait of Hormuz, capping a second consecutive weekly gain despite the pullback. The International Energy Agency now forecasts global oil demand will fall by 2.5 million barrels a day in 2026, roughly 940,000 barrels a day deeper than its estimate a month earlier, while the U.S. Energy Information Administration raised its second-half 2026 Brent forecast by $8 to around $90 a barrel in its September 9 Short-Term Energy Outlook. OPEC cut its 2026 demand growth forecast for a fifth consecutive time.

ILHA Adds AI ROI, Wellness Sessions to INSPIRE 2026 Lineup

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ILHA Adds AI ROI, Wellness Sessions to INSPIRE 2026 Lineup

Orlando, Fla. – September 17, 2026 -- The International Luxury Hotel Association (ILHA) has confirmed new sessions for INSPIRE 2026, its flagship luxury hospitality conference set for December 15-17 at the JW Marriott Bonnet Creek Resort & Spa in Orlando.

Executives from Nobu, Microsoft and Honeywell will address AI's actual return on investment

Rodney Linville, Global Head of Information Technology at Nobu Hospitality, will join Shane O'Flaherty, Global Director of Travel, Transportation and Hospitality at Microsoft, and Neha Jaitpal, Global General Manager of Honeywell's Hospitality Vertical, for a session titled "AI at Scale: Building the Business Case for Hospitality." The panel, moderated by ILHA President Barak Hirschowitz, will examine where AI deployments are delivering measurable returns versus where adoption has stalled, and what operators need to move projects from pilot programs to full-scale rollout across teams.

Lambda Signs White House Pledge on Data Center Ratepayer Protection

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Lambda Signs White House Pledge on Data Center Ratepayer Protection

San Francisco – September 17, 2026 -- Lambda, Inc., the AI cloud infrastructure provider known as the Superintelligence Cloud, has signed the White House Ratepayer Protection Pledge, committing to shield local electricity consumers from costs tied to its data center buildout.

Lambda commits to paying for its own power consumption

Under the pledge, Lambda backs policies requiring data center developers to cover the electricity their facilities consume rather than shifting costs to residential ratepayers. The company said it supports expanding grid generation capacity and maintaining reliable electric service as AI infrastructure demand accelerates nationally.

IGT Names Adam Chibib CFO Effective November 1, 2026

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IGT Names Adam Chibib CFO Effective November 1, 2026

Las Vegas -- IGT has appointed Adam Chibib as Chief Financial Officer effective November 1, 2026, subject to regulatory approvals, succeeding Fabio Celadon in a leadership transition tied to the gaming technology firm's push for stronger cash flow and operating discipline.

Chibib arrives with a track record of six successful exits across public and private equity-backed companies

Most recently CFO of Raptor Technologies, which Warburg Pincus acquired in January 2026 after the company's transformation under Thoma Bravo and JMI Equity ownership, Chibib brings more than three decades of financial and operational leadership. His earlier roles include financial leadership positions at Self Financial, NetSpend and several technology companies.

Freedom Tech DC Expands to AI, Energy Amid Crypto Policy Push

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Freedom Tech DC Expands to AI, Energy Amid Crypto Policy Push

Washington – September 17, 2026 -- The Bitcoin Policy Institute (BPI) and PubKey DC will host the fourth annual Freedom Tech DC summit on Sept. 22-23 at the National Press Club and PubKey DC, expanding the invite-only event's scope beyond Bitcoin and stablecoins into AI, data center development, energy grid resilience and national security.

Summit rebrand signals broader policy mandate for Bitcoin Policy Institute

Formerly known as the Bitcoin Policy Summit, the event's expansion reflects BPI's growth as it takes on freedom technology policy issues, builds out its leadership team, and becomes a founding partner in the State Department's new Freedom Tech Excellence Program.

Realty Income CFO Pong to Join BofA Real Estate Conference Panel

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Realty Income CFO Pong to Join BofA Real Estate Conference Panel

San Diego – September 17, 2026 -- Realty Income Corporation (NYSE: O) confirmed that Jonathan Pong, its Executive Vice President, Chief Financial Officer and Treasurer, will join a live roundtable at Bank of America's 2026 Global Real Estate Conference on September 15 at 11:05 a.m. EDT.

Pong to address investors at BofA's flagship real estate event

The session will be broadcast live via webcast through the Investor Resources section of Realty Income's website, with a replay available for approximately 30 days after the event concludes.

NHI Builds $608M Pipeline Ahead of BofA Real Estate Conference

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NHI Builds $608M Pipeline Ahead of BofA Real Estate Conference

Murfreesboro – September 17, 2026 -- National Health Investors (NYSE: NHI) has amassed approximately $608.7 million in combined investment opportunities as management prepares to meet investors at the BofA Securities 2026 Global Real Estate Conference on September 15.

NHI holds $272.0 million under signed letters of intent for new acquisitions

The senior housing REIT disclosed that it currently has roughly $272.0 million of investment opportunities under signed Letters of Intent, alongside an additional $51.7 million tied to real estate purchase options.

Company plans to deploy 1031 exchange proceeds from NHC portfolio sale

NHI expects to use proceeds from a Section 1031 exchange transaction initiated by its NHC portfolio sale to fund a significant portion of these committed opportunities. Completing the exchanges would defer recognition of a substantial share of the taxable gain generated by the NHC sale.

Hemlo Mining Contains Underground Outage, Awaits $250,000 Substation

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Hemlo Mining Contains Underground Outage, Awaits $250,000 Substation

Toronto – September 17, 2026 -- Hemlo Mining Corp. (TSX: HMMC) (OTCQX: HMMCF) confirmed a temporary electrical outage on September 4, 2026, at an underground substation feeding the Alimak production area on the 9765 level of its flagship Hemlo Gold Mine in northwestern Ontario, with no injuries reported and all underground personnel safely evacuated.

A replacement substation ordered under a critical spare parts audit is due in December 2026 at an estimated cost of US$250,000

The company had pre-ordered the replacement unit before the failure occurred, a move that now shortens the repair timeline. In the interim, technical teams have installed a temporary electrical bypass that restores power to the affected zone at reduced capacity, allowing some mining to continue while development and exploration work remains constrained.

OpenCV Foundation Partners With Qualcomm on Snapdragon Windows Support

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OpenCV Foundation Partners With Qualcomm on Snapdragon Windows Support

Palo Alto, Calif. – September 17, 2026 -- The Open Source Vision Foundation (OSVF) is building native OpenCV binaries for Windows on Snapdragon, working directly with Qualcomm Technologies to close a gap for computer vision developers targeting Snapdragon X Series-powered Windows devices.

OSVF targets native builds and automated testing infrastructure for Snapdragon

The project scope covers native OpenCV binaries built specifically for Windows on Snapdragon, automated build-and-test infrastructure designed to ensure quality at scale, targeted software optimizations for performance, and compatibility work to resolve existing dependency issues within the library.

Development will move from experimental native builds toward validated releases distributed through OpenCV's established open-source channels, with all improvements passing through the organization's existing review and testing processes.