High Tide Inc. (TSXV: HITI)

Canada flag Canada · Delayed Price · Currency is CAD
3.910
-0.080 (-2.01%)
Oct 31, 2024, 3:59 PM EDT
104.71%
Market Cap 321.90M
Revenue (ttm) 511.12M
Net Income (ttm) -30.44M
Shares Out 80.68M
EPS (ttm) -0.39
PE Ratio n/a
Forward PE 159.60
Dividend n/a
Ex-Dividend Date n/a
Volume 87,171
Open 3.950
Previous Close 3.990
Day's Range 3.910 - 4.030
52-Week Range 1.560 - 4.300
Beta 1.01
Analysts n/a
Price Target n/a
Earnings Date Jan 29, 2025

About High Tide

High Tide Inc. engages in the cannabis retail business in Canada, the United States, and internationally. The company operates through Retail and Wholesale segments. It operates licensed retail cannabis stores; and provides data analytics services. In addition, the company manufactures and distributes consumption accessories. Further, it sells its products through online sales via e-commerce platform. The company offers its products under the Daily High Club, DankStop, FABCBD, GC, Nuleaf, Smoke Cartel, and Blessed CBD brands. The company was fo... [Read more]

Sector Healthcare
Founded 2009
Employees 1,550
Stock Exchange TSX Venture Exchange
Ticker Symbol HITI
Full Company Profile

Financial Performance

In 2023, High Tide's revenue was 487.67 million, an increase of 36.66% compared to the previous year's 356.85 million. Losses were -39.31 million, -45.22% less than in 2022.

Financial Statements

News

High Tide to Open First Canna Cabana in Kingston, Ontario

CALGARY, AB , Oct. 24, 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...

7 days ago - PRNewsWire

Top Marijuana Penny Stocks to Watch Next Week for Potential Gains

As the cannabis industry continues to grow, marijuana stocks have gained significant attention from investors. In 2023, the U.S. cannabis market generated over $32 billion in sales, and projections su...

12 days ago - MarijuanaStocks

Best Ancillary Cannabis Stocks Gaining Attention After Last Week's Rally

The US cannabis industry is experiencing rapid growth, with sales expected to reach $45.8 billion by 2025. Ancillary companies, which support the cannabis sector through technology, supplies, and serv...

18 days ago - MarijuanaStocks

High Tide to Open 185th Canna Cabana Location

CALGARY, AB , Oct. 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...

21 days ago - PRNewsWire

3 Marijuana Stocks To Weather The Storm In The Cannabis Sector

Marijuana stock investors are focused on investing in the future of the sector. Yes with how volatile the industry can be some days are time to take profits Yet there is still much to be done for the ...

22 days ago - MarijuanaStocks

High Tide Opens New Canna Cabana in Toronto

This Opening Represents the 70th Canna Cabana Location in Ontario CALGARY, AB , Oct. 7, 2024 /PRNewswire/ - High Tide Inc. ("High Tide" or the "Company") (Nasdaq: HITI) (TSXV: HITI) (FSE: 2LYA), the h...

24 days ago - PRNewsWire

High Tide: Way Undervalued Versus Peers Despite Smoking The Competition

High Tide is far outperforming its cannabis industry peers with rapid revenue growth, profitability, and a strong balance sheet, yet trades at a discount. Most peers are losing money and have a negati...

4 weeks ago - Seeking Alpha

High Tide Cannabis Co. Ranks Among Top Growing Businesses In Canada In 2024

High Tide Inc. (NASDAQ: HITI), a retail-driven cannabis company, announced Friday that it placed No. 87 out of 417 companies listed on the 2024 Report on Business ranking of Canada's Top Growing Comp...

4 weeks ago - Benzinga

High Tide Makes the Report on Business Annual Ranking of Canada's Top Growing Companies for Fourth Consecutive Year

The Company Placed 87th out of 417 Companies, With a Three-Year Growth Rate of 486% CALGARY, AB , Sept. 26, 2024 /PRNewswire/ - High Tide Inc. ("High Tide" or the "Company") (Nasdaq: HITI) (TSXV: HITI...

4 weeks ago - PRNewsWire

EXCLUSIVE: High Tide CEO Highlights Major Drivers Behind Record Earnings, Market Share Growth

While many cannabis retailers in Canada face a tightening market, High Tide Inc. (NASDAQ: HITI) stands out with a robust increase in revenue and market share in its 2024 third-quarter financial resul...

6 weeks ago - Benzinga

High Tide Q3: Incredible Sales Momentum, Weaker Gross Margin (Rating Upgrade)

High Tide's Q3 showed great sales growth amid slower industry growth. Find out why I upgrade HITI stock from a buy to a strong buy.

6 weeks ago - Seeking Alpha

High Tide Inc (HITI) Q3 2024 Earnings Call Transcript Highlights: Record Revenue and Market ...

High Tide Inc (HITI) Q3 2024 Earnings Call Transcript Highlights: Record Revenue and Market Share Growth

6 weeks ago - GuruFocus

Q3 2024 High Tide Inc Earnings Call Transcript

Q3 2024 High Tide Inc Earnings Call Transcript

6 weeks ago - GuruFocus

Cannabis Retailer High Tide Reports Q3 Results

High Tide Inc. (NASDAQ: HITI) reported its third-quarter financial results after Monday's closing bell. Here's a look at the details from the report. The Details: High Tide reported quarterly GAAP ea...

6 weeks ago - Benzinga

High Tide Reports Third Quarter 2024 Financial Results Featuring Record Revenue of $131.7 Million, and 2nd Consecutive Quarter of Positive Net Income

The Company Also Reports 5th Consecutive Quarter of Positive Free Cash Flow With Trailing Free Cash Flow Totaling $21.8 Million and Achieves 12% Market Share in the Provinces where it Operates 1 , Up ...

6 weeks ago - PRNewsWire

What To Expect From High Tide Inc (HITI) Q3 2024 Earnings

What To Expect From High Tide Inc (HITI) Q3 2024 Earnings

6 weeks ago - GuruFocus

Cannabis Retail Giant High Tide Ramps Up Offering For Millions Of Customers

High Tide Inc. (NASDAQ: HITI) (TSXV: HITI) (FSE: 2LYA) announced Thursday that its Canna Cabana retail cannabis stores in British Columbia, Alberta, Saskatchewan, Manitoba and Ontario will begin the...

7 weeks ago - Benzinga

High Tide Announces Launch of Queen of Bud Branded White Label Products in British Columbia, Alberta, Saskatchewan, Manitoba and Ontario

This news release constitutes a "designated news release" for the purposes of the Company's prospectus supplement dated August 31, 2023, to its short form base shelf prospectus dated August 3, 2023 . ...

7 weeks ago - PRNewsWire

High Tide Announces Joint Venture with Positive Intent Events to Bring Legal Cannabis to the World of Events and Entertainment

New Joint Venture Follows Alberta's Decision to Allow Cannabis Pop-Up Stores at Adults-Only Festivals and Events This news release constitutes a "designated news release" for the purposes of the Compa...

7 weeks ago - PRNewsWire

High Tide to Open Canna Cabana in Lucan, Ontario

CALGARY, AB , Sept. 5, 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...

2 months ago - PRNewsWire

Cannabis Retail Giant High Tide Elevates Online Shopping Experience, Here's How

High Tide Inc. (NASDAQ: HITI) (TSXV: HITI) (FSE: 2LYA) announced on Tuesday it's re-launching the website of its flagship Canadian brick-and-mortar retail brand, Canna Cabana . The new website featu...

2 months ago - Benzinga

High Tide to Launch Next-Gen Canna Cabana 2.0 Website

CALGARY, AB , Sept. 3, 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...

2 months ago - PRNewsWire

High Tide: Potential To Be A Giant In The Cannabis Space

High Tide's relentless focus on growth, operational efficiency, and cashflows, similar to Amazon's strategy, positions it as a potential giant in the cannabis industry. High Tide is undervalued amongs...

2 months ago - Seeking Alpha