High Tide Inc. (HITI)

CA — Healthcare Sector
Peers: LFMD  SGHT  OMI  CVRX  SMTI  XGN  SENS  TBRG  TKNO  IMMP 

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Key Metrics & Ratings

  • symbol HITI
  • Rev/Share 6.7985
  • Book/Share 1.7534
  • PB 2.2007
  • Debt/Equity 0.4528
  • CurrentRatio 1.5689
  • ROIC 0.0064

 

  • MktCap 331741647.7852
  • FreeCF/Share 0.1733
  • PFCF 23.6485
  • PE -31.8479
  • Debt/Assets 0.2734
  • DivYield 0
  • ROE -0.0678

 

  • Rating C+
  • Score 2
  • Recommendation Sell
  • P/E Score 1
  • DCF Score 5
  • P/B Score 3
  • D/E Score 1

Recent Analyst Ratings

Type Ticker Analyst Firm Previous Rating Current Rating Previous Price Target Current Price Target Date
No ratings available.

News

High Tide Opens New Canna Cabana Store in Cochrane, Alberta
HITI
Published: April 21, 2025 by: PRNewsWire
Sentiment: Neutral

The Company Also Provides Update on its German Medical Cannabis Market Entry CALGARY, AB , April 21, 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 4A River Heights Drive in Cochrane, Alberta began selling recreational cannabis products and consumption accessories for adult use on April 20th (4/20). This opening brings High Tide's total store count to 196 Canna Cabana branded locations across Canada, and 85 in …

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image for news High Tide Opens New Canna Cabana Store in Cochrane, Alberta
Is It Worth Investing in High Tide (HITI) Based on Wall Street's Bullish Views?
HITI
Published: April 07, 2025 by: Zacks Investment Research
Sentiment: Neutral

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.

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image for news Is It Worth Investing in High Tide (HITI) Based on Wall Street's Bullish Views?
Is High Tide (HITI) a Buy as Wall Street Analysts Look Optimistic?
HITI
Published: March 21, 2025 by: Zacks Investment Research
Sentiment: Neutral

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.

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image for news Is High Tide (HITI) a Buy as Wall Street Analysts Look Optimistic?
High Tide Has A Killer Business Model
HITI
Published: March 03, 2025 by: Seeking Alpha
Sentiment: Negative

High Tide Inc. is a discount cannabis retailer with 192 brick & mortar storefronts in Canada. They were forced to adapt or die in Canada's tough ecosystem and have since emerged as its most dominant player. Their business model uses the collective bargaining power achieved by their scale to negotiate better deals for their customers.

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image for news High Tide Has A Killer Business Model
High Tide Pauses Acquisition of Purecan GmbH and Explores Alternative Arrangements with Purecan to Enter the German Medical Cannabis Market
HITI
Published: February 25, 2025 by: PRNewsWire
Sentiment: Neutral

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.

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image for news High Tide Pauses Acquisition of Purecan GmbH and Explores Alternative Arrangements with Purecan to Enter the German Medical Cannabis Market
High Tide Inc. (HITI) Flat As Market Gains: What You Should Know
HITI
Published: February 19, 2025 by: Zacks Investment Research
Sentiment: Positive

In the latest trading session, High Tide Inc. (HITI) closed at $2.60, marking no change from the previous day.

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image for news High Tide Inc. (HITI) Flat As Market Gains: What You Should Know
High Tide Recognized as a Top 50 Company by the TSX Venture Exchange for the Second Consecutive Year
HITI
Published: February 19, 2025 by: PRNewsWire
Sentiment: Neutral

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.

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image for news High Tide Recognized as a Top 50 Company by the TSX Venture Exchange for the Second Consecutive Year
High Tide Opens 77th Canna Cabana Location in Ontario
HITI
Published: February 13, 2025 by: PRNewsWire
Sentiment: Neutral

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 …

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image for news High Tide Opens 77th Canna Cabana Location in Ontario

About High Tide Inc. (HITI)

  • IPO Date 2021-01-08
  • Website https://www.hightideinc.com
  • Industry Medical - Pharmaceuticals
  • CEO Harkirat Grover
  • Employees 1750

High Tide Inc. engages in the cannabis retail business in Canada, Europe, the United States, and internationally. The company designs, manufactures, and distributes smoking accessories and cannabis lifestyle products. It is also involved in the wholesale and retailing of cannabis products, as well as operates and franchises licensed retail cannabis stores. In addition, the company provides data analytics services, as well as operates Grasscity.com and CBDcity.com platforms. As of August 4, 2022, it operated 139 retail locations in Ontario, Alberta, British Columbia, Manitoba, and Saskatchewan. The company was formerly known as High Tide Ventures Inc. and changed its name to High Tide Inc. in October 2018. High Tide Inc. was founded in 2009 and is headquartered in Calgary, Canada.