HITI

High Tide

2.48 USD
-0.03
1.20%
At close Feb 27, 4:00 PM EST
After hours
2.48
+0.00
0.00%
1 day
-1.20%
5 days
-4.62%
1 month
-12.06%
3 months
-13.29%
6 months
31.22%
Year to date
-25.30%
1 year
40.91%
5 years
-72.44%
10 years
-72.44%
 

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

0
Funds holding %
of 7,290 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

200% more repeat investments, than reductions

Existing positions increased: 12 | Existing positions reduced: 4

134% more capital invested

Capital invested by funds: $7.11M [Q3] → $16.6M (+$9.53M) [Q4]

78% more first-time investments, than exits

New positions opened: 16 | Existing positions closed: 9

21% more funds holding

Funds holding: 33 [Q3] → 40 (+7) [Q4]

2.67% more ownership

Funds ownership: 4.02% [Q3] → 6.68% (+2.67%) [Q4]

3% more call options, than puts

Call options by funds: $1.05M | Put options by funds: $1.02M

Research analyst outlook

We haven’t received any recent analyst ratings for HITI.

Financial journalist opinion

Based on 14 articles about HITI published over the past 30 days

Neutral
Zacks Investment Research
2 days ago
Brokers Suggest Investing in High Tide (HITI): Read This Before Placing a Bet
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
Brokers Suggest Investing in High Tide (HITI): Read This Before Placing a Bet
Neutral
PRNewsWire
2 days ago
High Tide Pauses Acquisition of Purecan GmbH and Explores Alternative Arrangements with Purecan to Enter the German Medical Cannabis Market
CALGARY, AB , Feb. 25, 2025 /PRNewswire/ - High Tide Inc. ("High Tide" or the "Company") (Nasdaq: HITI) (TSXV: HITI) (FSE: 2LYA), the high-impact, retail-forward enterprise built to deliver real-world value across every component of cannabis, announced on January 13, 2025, its intention to enter into the German medical cannabis market by acquiring a 51% interest in Purecan GmbH ("Purecan") for approximately €4.8 Million. During ongoing due diligence, the Company reassessed the optimal structure for this transaction and is now exploring alternative arrangements with Purecan to allow High Tide to maintain its planned commercial exposure into the German market.
High Tide Pauses Acquisition of Purecan GmbH and Explores Alternative Arrangements with Purecan to Enter the German Medical Cannabis Market
Neutral
Zacks Investment Research
6 days ago
High Tide Inc. (HITI) Rises As Market Takes a Dip: Key Facts
The latest trading day saw High Tide Inc. (HITI) settling at $2.59, representing a +0.39% change from its previous close.
High Tide Inc. (HITI) Rises As Market Takes a Dip: Key Facts
Positive
Zacks Investment Research
1 week ago
High Tide Inc. (HITI) Flat As Market Gains: What You Should Know
In the latest trading session, High Tide Inc. (HITI) closed at $2.60, marking no change from the previous day.
High Tide Inc. (HITI) Flat As Market Gains: What You Should Know
Neutral
PRNewsWire
1 week ago
High Tide Recognized as a Top 50 Company by the TSX Venture Exchange for the Second Consecutive Year
This Marks the Company's Third Time Making This Prestigious List in Four Years CALGARY, AB , Feb. 19, 2025 /PRNewswire/ - High Tide Inc. ("High Tide" or the "Company") (Nasdaq: HITI) (TSXV: HITI) (FSE: 2LYA), the high-impact, retail-forward enterprise built to deliver real-world value across every component of cannabis, announced today that it has been recognized by the TSX Venture Exchange (the "TSXV") as a Top 50 company for the second consecutive year. For 2024, High Tide achieved a ranking of 21 out of 50 and is one of only two cannabis companies to make the list.
High Tide Recognized as a Top 50 Company by the TSX Venture Exchange for the Second Consecutive Year
Neutral
PRNewsWire
2 weeks ago
High Tide Opens 77th Canna Cabana Location in Ontario
New Store Marks High Tide's First Location in Downtown Hamilton CALGARY, AB , Feb. 13, 2025 /PRNewswire/ - High Tide Inc. ("High Tide" or the "Company") (Nasdaq: HITI) (TSXV: HITI) (FSE: 2LYA), the high-impact, retail-forward enterprise built to deliver real-world value across every component of cannabis, announced today that its Canna Cabana retail cannabis store located at 447 Main Street East in Hamilton, ON will begin selling recreational cannabis products and consumption accessories for adult use on February 15, 2025. This opening will mark High Tide's 192nd Canna Cabana branded retail cannabis location in Canada, the 77th in the province of Ontario and the 6th in the City of Hamilton.
High Tide Opens 77th Canna Cabana Location in Ontario
Negative
Zacks Investment Research
2 weeks ago
High Tide Inc. (HITI) Suffers a Larger Drop Than the General Market: Key Insights
High Tide Inc. (HITI) closed the most recent trading day at $2.63, moving -1.87% from the previous trading session.
High Tide Inc. (HITI) Suffers a Larger Drop Than the General Market: Key Insights
Positive
Zacks Investment Research
3 weeks ago
High Tide Inc. (HITI) Surpasses Market Returns: Some Facts Worth Knowing
In the closing of the recent trading day, High Tide Inc. (HITI) stood at $2.82, denoting a +1.81% change from the preceding trading day.
High Tide Inc. (HITI) Surpasses Market Returns: Some Facts Worth Knowing
Positive
Seeking Alpha
3 weeks ago
High Tide CEO Raj Grover On Germany, Canada And The U.S.
High Tide, Canada's largest cannabis retailer, is expanding into Germany through a majority acquisition of Purecan, aiming to capitalize on the booming medical cannabis market. President and CEO Raj Grover on strategic focus.
High Tide CEO Raj Grover On Germany, Canada And The U.S.
Positive
Zacks Investment Research
3 weeks ago
Wall Street Bulls Look Optimistic About High Tide (HITI): Should You Buy?
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
Wall Street Bulls Look Optimistic About High Tide (HITI): Should You Buy?
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