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 7,425 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 11 articles about HITI published over the past 30 days
Neutral
Zacks Investment Research
10 hours 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
2 days 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
2 days 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.
Neutral
Zacks Investment Research
1 week ago
High Tide Inc. (HITI) Stock Declines While Market Improves: Some Information for Investors
In the latest trading session, High Tide Inc. (HITI) closed at $2.29, marking a -0.87% move from the previous day.
Neutral
PRNewsWire
1 week ago
High Tide Announces Change of Auditors
CALGARY, AB , April 22, 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, announces that it has changed its auditor from Ernst & Young LLP, Chartered Professional Accountants (the "Predecessor Auditor") to Davidson & Company LLP, Chartered Professional Accountants (the "Successor Auditor") effective April 17, 2025. The Predecessor Auditor resigned effective April 17, 2025, at the Company's request, and the Company's board of directors, upon the audit committee's recommendation, appointed the Successor Auditor to fill the resulting vacancy until the close of the next annual meeting of the Company's shareholders.
Neutral
Zacks Investment Research
1 week ago
High Tide Inc. (HITI) Ascends While Market Falls: Some Facts to Note
High Tide Inc. (HITI) closed at $2.32 in the latest trading session, marking a +0.43% move from the prior day.
Positive
MarijuanaStocks
1 week ago
Top Ancillary Marijuana Stocks For The Diversified Investors
What is going to happen to marijuana stock and when will the sector bounce? This is the long-standing question and roadblock for many who hold shares of cannabis stocks. With the current political climate in the USA, it is not easy to have strong convictions of positive market outcomes. To further explain it is not that volatile pops can not happen as that is happening now. But with many issues in the way for investors and legal operators, it impacts the public sector in such a way.
Neutral
PRNewsWire
1 week ago
High Tide Opens New Canna Cabana Store in Cochrane, Alberta
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 the province of Alberta.
Neutral
MarijuanaStocks
2 weeks 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
2 weeks 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.
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