HITI

High Tide
HITI

$1.89

0.54%

Market Cap: 152M

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 portfolio subsidiaries including RGR Canada Inc., Famous Brandz Inc., Kush West Distribution Inc., Smoker's Corner Ltd., Grasscity.com, Canna Cabana Inc., and KushBar Inc. The firm has established two main segments, retail and wholesale. It generates substantial revenue from retail stores' e-commerce platforms. Geographically it serves Canada, the USA, and other international markets and earns key revenue from domestic sales.

Employees: 1,449

0

Funds holding %

of 6,702 funds

–

Analysts bullish %

0

News positive %

of 7 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

7,363% more call options, than puts

Call options by funds: $2.02M | Put options by funds: $27K

300% more repeat investments, than reductions

Existing positions increased: 8 | Existing positions reduced: 2

83% more first-time investments, than exits

New positions opened: 11 | Existing positions closed: 6

25% more capital invested

Capital invested by funds: $5.8M [Q4 2023] → $7.25M (+$1.45M) [Q1 2024]

20% more funds holding

Funds holding: 25 [Q4 2023] → 30 (+5) [Q1 2024]

0.04% less ownership

Funds ownership: 4.75% [Q4 2023] → 4.71% (-0.04%) [Q1 2024]

See Fund Rankings

Research analyst outlook

1 Wall Street Analyst provided 1 year price forecasts over the past 6 months

Low target

$4.50

138%

upside

Avg. target

$4.50

138%

upside

High target

$4.50

138%

upside

1 analyst rating

1 positive

100%

0 neutral

0%

0 negative

0%

Roth MKM

Scott Fortune

138%upside

$4.5

Buy

Reiterated

25 Mar 2024

See Analyst Rankings

Financial journalist opinion

Based on 7 articles about HITI published over the past 30 days

Zacks Investment Research

Wall Street Bulls Look Optimistic About High Tide (HITI): Should You Buy?

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.

Wall Street Bulls Look Optimistic About High Tide (HITI): Should You Buy?

Zacks Investment Research

Here is What to Know Beyond Why High Tide Inc. (HITI) is a Trending Stock

High Tide (HITI) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

Here is What to Know Beyond Why High Tide Inc. (HITI) is a Trending Stock

Zacks Investment Research

High Tide Inc. (HITI) Advances While Market Declines: Some Information for Investors

High Tide Inc. (HITI) closed the most recent trading day at $1.94, moving +1.04% from the previous trading session.

High Tide Inc. (HITI) Advances While Market Declines: Some Information for Investors

Making Waves: 2024 Jeep® Gladiator High Tide Edition Debuts Exclusively for the Sunshine State

AUBURN HILLS, Mich. , July 16, 2024 /PRNewswire/ -- Vibrant High Tide Edition debuts on 2024 Jeep® Gladiator, a tribute to the passionate Jeep community in the state of Florida 2024 Jeep Gladiator High Tide Edition features 17-inch black-painted aluminum wheels, 32-inch mud-terrain tires, steel rock rails, 12-way power adjustable Mckinley-trimmed seating and more 2024 Jeep Gladiator delivers more capability, technology, refinement and safety, combined with best-in-class 4x4 payload, unsurpassed towing and multiple ways to experience open-air freedom Jeep Gladiator High Tide Edition is available now to order in Florida dealerships with a starting U.S. MSRP of $48,275 (excludes destination) Hot on the heels of this year's successful 21st annual Jeep® Beach 2024 event in Daytona Beach, Florida, the Jeep brand is celebrating the sunshine state with the debut of the new 2024 Jeep Gladiator High Tide Edition.

Making Waves: 2024 Jeep® Gladiator High Tide Edition Debuts Exclusively for the Sunshine State

High Tide Announces Voting Results of Annual General and Special Meeting of Shareholders

CALGARY, AB , July 10, 2024 /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 the voting results from its annual general and special meeting of shareholders of the Company held on Tuesday, July 9, 2024 (the "Meeting"). Each nominee listed in the Company's management information circular dated May 27, 2024, was elected as a director of the Company.

High Tide Announces Voting Results of Annual General and Special Meeting of Shareholders

7 Little-Known Penny Stocks That Can Turn $10K Into $1 Million

The stock market rally has been showing no sign of stopping, and while most of it has been driven by Big Tech, it is worth looking into some little-known penny stocks. These stocks usually see huge breakouts and trade at big premiums during bullish rallies.

7 Little-Known Penny Stocks That Can Turn $10K Into $1 Million

High Tide Opens Two New Canna Cabana Stores in Alberta and Saskatchewan

CALGARY, AB , June 28, 2024 /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 40 Great Plains Road, Emerald Park, Saskatchewan will begin selling recreational cannabis products and consumption accessories for adult use on Saturday, June 29. Additionally, its store located at 122 4 Avenue West, Cochrane, Alberta, will open on Sunday, June 30.

High Tide Opens Two New Canna Cabana Stores in Alberta and Saskatchewan

High Tide to Acquire Mississauga Retail Cannabis Store

The Company Maintains its Market Leadership Positi on in Mississauga with its Sixth Location in the City CALGARY, AB , June 26, 2024 /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 entered into a definitive asset purchase agreement dated June 25, 2024 (the "Purchase Agreement") pursuant to which High Tide will acquire a retail cannabis store in Mississauga, Ontario, currently operating as Cantopia for $600,000 (the "Transaction"). The store is located at 6400 Millcreek Drive, Mississauga and is situated in a bustling retail plaza surrounded by several small businesses.

High Tide to Acquire Mississauga Retail Cannabis Store

High Tide Resources Announces Changes to the Board of Directors

Adds Significant Capital Markets Strength TORONTO, ON / ACCESSWIRE / June 25, 2024 / High Tide Resources Corp. ("High Tide" or the "Company") (CSE:HTRC) announces the appointment of Jean-François Meilleur to the Board of Directors ("the Board") replacing Serge Pelletier who is stepping down from the Board, effective immediately, but will remain with the Company as an Advisor. Steve Roebuck, Director & Interim CEO of High Tide states: We're excited to have Jean-François join our Board of Directors.

High Tide Resources Announces Changes to the Board of Directors

High Tide to Open 80th Canna Cabana in Alberta

CALGARY, AB , June 20, 2024 /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 5308 17 Ave SW Calgary will begin selling recreational cannabis products and consumption accessories for adult use tomorrow, June 21. This opening will mark High Tide's 173rd Canna Cabana branded retail cannabis location in Canada and the 80th in the province of Alberta.

High Tide to Open 80th Canna Cabana in Alberta

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