HITI
High TideHITI
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
0
Funds holding %
of 7,419 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory disclosures 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 5 articles about HITI published over the past 30 days
Neutral
MarijuanaStocks
6 days ago
2 Canadian Marijuana Stocks For Your Upcoming Watchlist
Marijuana stocks are torn between two ferns, and this has created a volatile frenzy in the sector. It could be that people feel the cannabis sector will eventually take the behavior of other sectors when in a less volatile space. Uncertainty brings lots of fears doubts, and caution on how to proceed in the future. Now with tariffs in place with China, packaging and other logistics concerns for businesses could lead to deeper issues and problems.
Neutral
PRNewsWire
1 week ago
High Tide to Open New Canna Cabana Location in Kitchener, Ontario
CALGARY, AB , April 11, 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 1270 Fischer Hallman Road in Kitchener, Ontario will begin selling recreational cannabis products and consumption accessories for adult use on April 16, 2025. This opening brings High Tide's total store count to 195 Canna Cabana branded retail cannabis locations across Canada, and 80 in the province of Ontario.
Neutral
Zacks Investment Research
1 week ago
Is It Worth Investing in High Tide (HITI) Based on Wall Street's Bullish Views?
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
Positive
Seeking Alpha
3 weeks ago
High Tide Remains Undervalued As It Reports Record Q1 2025 Revenue
High Tide recently reported record revenue for Q1-2025. The company boasts the largest cannabis retail footprint in Canada. High Tide is positioning itself to enter the German medical cannabis markets.
Neutral
Zacks Investment Research
4 weeks ago
Is High Tide (HITI) a Buy as Wall Street Analysts Look Optimistic?
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
Neutral
Seeking Alpha
1 month ago
High Tide Inc. (HITI) Q1 2025 Earnings Call Transcript
High Tide Inc. (NASDAQ:HITI ) Q1 2025 Earnings Conference Call March 18, 2025 11:30 AM ET Company Participants Carter Brownlee - Communications & Public Affairs Advisor Raj Grover - President & Chief Executive Officer Mayank Mahajan - Chief Financial Officer Conference Call Participants Matt Bottomley - Canaccord Genuity Frederico Gomes - ATB Capital Markets Andrew Semple - Ventum Financial Operator Good morning. My name is Ina, and I will be your conference operator today.
Negative
Zacks Investment Research
1 month ago
High Tide Inc. (HITI) Reports Q1 Loss, Tops Revenue Estimates
High Tide Inc. (HITI) came out with a quarterly loss of $0.02 per share versus the Zacks Consensus Estimate of a loss of $0.01. This compares to break-even earnings per share a year ago.
Neutral
PRNewsWire
1 month ago
High Tide Reports First Quarter 2025 Financial Results Featuring Record Revenue of $142.5 Million
Same store sales increased 5% year over year, representing the fastest pace of growth during the past four quarters Cabana Club loyalty program exceeds 1.76 million members in Canada, with ELITE memberships exceeding 81,000 and growing at its fastest pace since inception This news release constitutes a "designated news release" for the purposes of the Company's prospectus supplement dated August 31, 2023, to its short form base shelf prospectus dated August 3, 2023. High Tide Remains the Highest Revenue Generating Cannabis Company Reporting in Canadian Dollars 1 , Delivers Quarterly Revenue of $142.5 Million, an All-Time Record.
Neutral
PRNewsWire
1 month ago
High Tide to Announce First Fiscal Quarter 2025 Financial Results
CALGARY, AB , March 11, 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 will release its financial and operational results for the quarter ended January 31, 2025, after financial markets close on Monday, March 17, 2025. High Tide's first fiscal quarter 2025 financial and operational results will be available on SEDAR+, EDGAR, and on the Company's website at https://hightideinc.com/invest.
Neutral
PRNewsWire
1 month ago
High Tide to Open Two New Canna Cabana Stores in Ontario
CALGARY, AB , March 10, 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 99 Balsam Street in Collingwood, ON will begin selling recreational cannabis products and consumption accessories for adult use on March 13, 2025; and that its Canna Cabana retail cannabis store located at 1 Hespeler Road in Cambridge, ON will begin selling recreational cannabis products and consumption accessories for adult use on March 17, 2025. These openings will mark High Tide's 193rd and 194th Canna Cabana branded retail cannabis locations in Canada, and the 78th and 79th in the province of Ontario.
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