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 7,312 funds
–
Analysts bullish %
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
1.57% less ownership
Funds ownership: 6.7% [Q4 2024] → 5.12% (-1.57%) [Q1 2025]
7% less funds holding
Funds holding: 41 [Q4 2024] → 38 (-3) [Q1 2025]
35% less call options, than puts
Call options by funds: $718K | Put options by funds: $1.1M
40% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 15
43% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 7
52% less capital invested
Capital invested by funds: $16.7M [Q4 2024] → $8.02M (-$8.66M) [Q1 2025]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$5
113%
upside
Avg. target
$5
113%
upside
High target
$5
113%
upside
1 analyst rating
1 positive
100%
0 neutral
0%
0 negative
0%
Roth Capital Bill Kirk | 113%upside $5 | Buy Reiterated | 18 Jun 2025 |
Financial journalist opinion
Based on 11 articles about HITI published over the past 30 days
Positive
Zacks Investment Research
2 days 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?
Positive
MarijuanaStocks
4 days ago
3 Marijuana Stocks For The Investor To Consider Before A Recovery
The cannabis industry has been through a turbulent period recently. Intense pullbacks and ongoing federal uncertainty have marked this. But underneath this volatility lie solid long-term trends that could drive major returns for patient investors. For long-term investors, the case for finding the best marijuana stocks to buy now becomes compelling. While volatility will likely remain in the sector, it is on the brink of potential inflection points.
Positive
MarijuanaStocks
2 weeks ago
3 Marijuana Stocks For Investors To Make Profits
As the cannabis industry continues to prosper, most marijuana stocks have not. Yet, the progress and innovation in legal cannabis are nothing short of amazing. Just the battle in the United States alone has been an ongoing fight that still amazes many. Almost all of the United States has legalized cannabis in some form. The states that are left have a community of supporters working to get legislation passed. Despite the legal hurdles, a fair number of these companies are forging ahead and doing so profitably.
Neutral
PRNewsWire
2 weeks ago
High Tide to Open Two New Canna Cabana Locations in Toronto and Winnipeg
CALGARY, AB , June 27, 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 1439 Henderson Highway in Winnipeg, Manitoba, will begin selling recreational cannabis products and consumption accessories for adult use on June 27, 2025, and that its Canna Cabana retail cannabis store located in The Well shopping mall, at 486 Front St. West in Toronto, Ontario, will begin selling recreational cannabis products and consumption accessories for adult use on July 1, 2025. These openings bring High Tide's total store count to 202 Canna Cabana locations across Canada, 83 in the province of Ontario and 12 in the province of Manitoba.
Neutral
Zacks Investment Research
2 weeks ago
Wall Street Analysts Think High Tide (HITI) Is a Good Investment: Is It?
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
PRNewsWire
2 weeks ago
High Tide Marks Canada Day by Launching Summer Long "Buy Local" Initiative
CALGARY, AB , June 23, 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, in honour of Canada Day, the Company will launch a new initiative in its Canna Cabana retail stores to showcase products grown or produced within the province of each specific store. The initiative will roll out across all 200 of the Company's Canna Cabana retail stores in British Columbia, Alberta, Saskatchewan, Manitoba and Ontario as of June 24, 2025, and will continue throughout the summer.
Positive
Seeking Alpha
3 weeks ago
High Tide Reports Strong Q2 Results, But Cannabis Sector Remains Weak
High Tide reported strong Q2 2025 financials with increasing revenue and free cash flow. Retail cannabis sales drove growth, while e-commerce sales declined. HITI is in the final talks with a German company for exporting cannabis to Germany.
Positive
Seeking Alpha
3 weeks ago
High Tide: Betting It All On Canna Cabana
High Tide's Q2 again reflects Canna Cabana's retail success. The chain continued to gain market share with the strong discount club model, while earnings were also resilient for the segment. Over the long term, the Company's earnings should benefit from the revenue ramp-up of fresh store openings, Canna Cabana's great store economics, and private label expansion. HITI's international efforts are on more uncertain ground, with uncertain Cabana Club success. The entry to Germany was previously paused, but the Q2 report now showed encouraging remarks.
Neutral
Seeking Alpha
3 weeks ago
High Tide Inc. (HITI) Q2 2025 Earnings Conference Call Transcript
High Tide Inc. (NASDAQ:HITI ) Q2 2025 Earnings Conference Call June 17, 2025 11:30 AM ET Company Participants Carter Brownlee - Corporate Participant Harkirat Grover - Founder, CEO, President & Executive Chairman Mayank Mahajan - Chief Financial Officer Conference Call Participants Andrew Semple - Ventum Financial Corp., Research Division Frederico Yokota Choucair Gomes - ATB Capital Markets Inc., Research Division Matt Bottomley - Canaccord Genuity Corp., Research Division William Joseph Kirk - ROTH Capital Partners, LLC, Research Division Operator Good morning. My name is Angeline, and I will be your conference operator today.
Negative
Zacks Investment Research
3 weeks ago
High Tide Inc. (HITI) Reports Q2 Loss, Tops Revenue Estimates
High Tide Inc. (HITI) came out with a quarterly loss of $0.03 per share versus the Zacks Consensus Estimate of a loss of $0.02. This compares to break-even earnings per share a year ago.
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