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 7,245 funds
–
Analysts bullish %
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
1.56% less ownership
Funds ownership: 6.68% [Q4 2024] → 5.12% (-1.56%) [Q1 2025]
5% less funds holding
Funds holding: 40 [Q4 2024] → 38 (-2) [Q1 2025]
29% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 7
35% less call options, than puts
Call options by funds: $718K | Put options by funds: $1.1M
36% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 14
52% less capital invested
Capital invested by funds: $16.6M [Q4 2024] → $8.02M (-$8.63M) [Q1 2025]
Research analyst outlook
We haven’t received any recent analyst ratings for HITI.
Financial journalist opinion
Based on 12 articles about HITI published over the past 30 days
Neutral
Zacks Investment Research
1 day ago
Wall Street Analysts See High Tide (HITI) as a Buy: Should You Invest?
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?
Positive
Seeking Alpha
1 day ago
High Tide And SNDL: High Tide's Measured Approach Shines
High Tide's differentiated strategy focuses on value acquisitions accretive to earnings and maximizing cash flows, making it a rare long-term buy and hold in the Cannabis space. High Tide, while growing its revenue, has minimized losses, maintained a robust balance sheet, and controlled its stock dilution as opposed to SNDL, which has wide losses and massive stock dilution. High Tide has been focused on its growth in the Cannabis space and is playing the long game, whereas SNDL has taken a short-term approach to growth and has diversified into the alcohol industry.
Neutral
PRNewsWire
2 days ago
High Tide Opens Two New Canna Cabana Locations in Ontario and Alberta
CALGARY, AB , May 20, 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 300 King George Road in Brantford, Ontario, will begin selling recreational cannabis products and consumption accessories for adult use on May 20, 2025, and that its Canna Cabana retail cannabis store located at 722 85th Street SW in Calgary, Alberta, will begin selling recreational cannabis products and consumption accessories for adult use on May 23, 2025. These openings bring High Tide's total store count to 199 Canna Cabana locations across Canada, 82 in the province of Ontario and 86 in the province of Alberta.
Neutral
Zacks Investment Research
2 days ago
High Tide Inc. (HITI) Stock Dips While Market Gains: Key Facts
High Tide Inc. (HITI) closed the most recent trading day at $2.34, moving -0.85% from the previous trading session.
Neutral
Zacks Investment Research
1 week ago
High Tide Inc. (HITI) Stock Declines While Market Improves: Some Information for Investors
High Tide Inc. (HITI) concluded the recent trading session at $2.37, signifying a -1.25% move from its prior day's close.
Neutral
PRNewsWire
1 week ago
High Tide Opens New Canna Cabana Store in Cornwall, Ontario
CALGARY, AB , May 9, 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 525 Ninth Street in Cornwall, Ontario, will begin selling recreational cannabis products and consumption accessories for adult use on May 12, 2025. This opening brings High Tide's total store count to 197 Canna Cabana branded locations across Canada, and 81 in the province of Ontario.
Negative
Zacks Investment Research
2 weeks ago
High Tide Inc. (HITI) Flat As Market Sinks: What You Should Know
In the latest trading session, High Tide Inc. (HITI) closed at $2.37, marking no change from the previous day.
Neutral
Zacks Investment Research
3 weeks ago
High Tide Inc. (HITI) Stock Drops Despite Market Gains: Important Facts to Note
High Tide Inc. (HITI) closed at $2.41 in the latest trading session, marking a -0.41% move from the prior day.
Neutral
Zacks Investment Research
3 weeks ago
High Tide Inc. (HITI) Stock Dips While Market Gains: Key Facts
In the latest trading session, High Tide Inc. (HITI) closed at $2.38, marking a -0.42% move from the previous day.
Neutral
PRNewsWire
3 weeks ago
High Tide Reports Approximately $6.8 Million in Retail Sales During '4/20' Long Weekend
The Company Also Completed its Annual 4/20 Giveaway CALGARY, AB , April 28, 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 April 17, 2025, through April 20, 2025 ("'4/20' Long Weekend"), it generated CAD $6.8 million in total retail gross revenues ("Total Sales") across all retail platforms, representing a 10% increase from the same timeframe in the previous week. 4/20 Giveaway This year Canna Cabana launched its largest ever 4/20 customer appreciation giveaway, with $100,000 CAD awarded to the grand prize winner.
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