High Tide Inc. shares rise 2.82% after-hours after filing a $100 million mixed shelf offering.

High Tide Inc. rose 2.82% in after-hours trading, with the company filing a $100 million mixed shelf offering and surpassing 2 million Cabana Club members, solidifying its position as the largest and most robust bricks-and-mortar cannabis loyalty program in Canada. Additionally, the company's paid loyalty tier, ELITE, has exceeded 104,000 members nationwide, marking a significant milestone in the growth of its innovative discount club model.