High Tide
HITI
About: High Tide Inc is a downstream-focused retailer of cannabis products, distributor, and seller of smoking accessories and cannabis lifestyle products. It is a vertically integrated company in the Canadian cannabis market with various brands in its portfolio such as Canna Cabana, Fastendr, Queen of Bud, Grasscity, Daily High Club, Famous Brandz, and others. The company's reportable operating segments are; Bricks and mortar which generates maximum revenue, and E-commerce. Geographically, it derives maximum revenue from its business in Canada followed by the United States of America, and other international markets.
Employees: 1,750
Fund manager confidence
Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)
330% more call options, than puts
Call options by funds: $2.43M | Put options by funds: $564K
71% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 7
16% more capital invested
Capital invested by funds: $8.02M [Q1] → $9.33M (+$1.31M) [Q2]
13% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 8
3% more funds holding
Funds holding: 38 [Q1] → 39 (+1) [Q2]
0.14% less ownership
Funds ownership: 5.12% [Q1] → 4.98% (-0.14%) [Q2]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
Roth Capital
Bill Kirk
|
$5
|
Buy
Reiterated
|
18 Jun 2025 |
Financial journalist opinion
Based on 16 articles about HITI published over the past 30 days