High Tide Inc. (TSXV: HITI)

Canada flag Canada · Delayed Price · Currency is CAD
4.500
+0.020 (0.45%)
Jan 20, 2025, 3:59 PM EST
80.72%
Market Cap 363.04M
Revenue (ttm) 511.12M
Net Income (ttm) -30.44M
Shares Out 80.68M
EPS (ttm) -0.39
PE Ratio n/a
Forward PE 112.50
Dividend n/a
Ex-Dividend Date n/a
Volume 45,436
Average Volume 72,766
Open 4.450
Previous Close 4.480
Day's Range 4.320 - 4.500
52-Week Range 2.120 - 5.080
Beta 1.04
RSI 51.81
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 Announce Fourth Fiscal Quarter and Full Fiscal Year 2024 Financial Results

CALGARY, AB , Jan. 15, 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...

5 days ago - PRNewsWire

High Tide to Enter German Medical Cannabis Market Through Acquisition of Purecan GmbH

Acquisition Will Give High Tide Majority Stake in Purecan's Profitable Operations, German Import License, Warehousing and Logistics Infrastructure, and In-Development Telemedicine Portal The Company I...

7 days ago - PRNewsWire

High Tide: Improving Its Business Model And Beginning International Expansion

High Tide, a cannabis retailer founded in 2009, showcases steady growth and plans for global expansion amid industry challenges. Learn more on HITI stock here.

10 days ago - Seeking Alpha

High Tide Recaps Key Milestones of 2024

CALGARY, AB , Dec. 30, 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

High Tide to Open Two New Canna Cabana Stores in Alberta and Ontario

The Company Will End 2024 Having Opened 29 New Stores Across Canada CALGARY, AB , Dec. 18, 2024 /PRNewswire/ - High Tide Inc. ("High Tide" or the "Company") (Nasdaq: HITI) (TSXV: HITI) (FSE: 2LYA), th...

4 weeks ago - PRNewsWire

Top Marijuana Stocks That Are Impacted By Federal Reform

Cannabis reform has played a big part in the way most marijuana stocks trade. But reform has been both bittersweet for consumers and business owners. For particular states in the US having legal canna...

5 weeks ago - MarijuanaStocks

IRW-News: High Tide Inc.: High Tide eröffnet 75. Canna Cabana-Laden in Ontario

IRW-PRESS: High Tide Inc.: High Tide eröffnet 75. Canna Cabana-Laden in Ontario

5 weeks ago - Onvista

High Tide to Open 75th Canna Cabana in Ontario

CALGARY, AB , Dec. 11, 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...

5 weeks ago - PRNewsWire

Undercovered Dozen: PagerDuty, SUSS MicroTek, High Tide, 8x8 +

The 'Undercovered Dozen' series highlights 12 lesser-known stocks, offering unique investment opportunities and encouraging community discussion on their potential. Kraken Robotics is rated HOLD by Dr...

6 weeks ago - Seeking Alpha

NASDAQ-Listed High Tide Under The Magnifying Glass: Key Insights For Cannabis Investors

We’ve been offering some mid-term analysis for main cannabis stocks and now it’s High Tide’s (NASDAQ: HITI) turn. The occasion couldn’t be better, since the stock recently surged 21% in the previous ...

6 weeks ago - Benzinga

NASDAQ-Listed High Tide Under The Magnifying Glass: Key Insights For Cannabis Investors

We've been offering some mid-term analysis for main cannabis stocks and now it's High Tide's HITI turn. The occasion couldn't be better, since the stock recently surged 21% in the previous rounds.

6 weeks ago - Benzinga

High Tide: Strategic Expansions Drive Impressive Growth While Remaining Undervalued

I am bullish on High Tide due to its strategic expansions, particularly in Canada, which have driven significant revenue growth. HITI's impressive expansion included opening 23 new stores by July 2024...

6 weeks ago - Seeking Alpha

High Tide: Cabana Club Goes Global

High Tide expands Cabana Club globally with CBD sales. HITI stock remains undervalued despite a recent rally. Read an analysis here.

7 weeks ago - Seeking Alpha

NASDAQ-Listed Weed Stock, High Tides Surges Over 21% In Last Two Sessions

Data from Benzinga Pro shows High Tide Inc. (NASDAQ: HITI) shares experienced a significant surge, gaining over 21% in the last two trading sessions, closing at $3.47 on Monday, December 2. This posi...

7 weeks ago - Benzinga

NASDAQ-Listed Weed Stock, High Tides Surges Over 21% In Last Two Sessions

Data from Benzinga Pro shows High Tide Inc. HITI shares experienced a significant surge, gaining over 21% in the last two trading sessions, closing at $3.47 on Monday, December 2.

7 weeks ago - Benzinga

Cannabis Giant High Tide Taps Into $113 Billion Global E-Commerce Market With New Product Categories

High Tide Inc. (NASDAQ: HITI) (TSXV: HITI) (FSE: 2LYA) is expanding its innovative Cabana Club membership program to the U.S., EU and UK through dedicated websites. “Innovation and market disruption...

7 weeks ago - Benzinga

High Tide Marks Cyber Monday by Taking Cabana Club Global

The Company Simplifies and Unites its Retail Ecosystem Under the Cabana Club Banner. Cabana Club Expands Coverage Beyond Canada to Cover the Entire United States, European Union, and United Kingdom.

7 weeks ago - PRNewsWire

High Tide Opens Second Canna Cabana in Scarborough, Ontario

CALGARY, AB , Nov. 25, 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 to Open Third Canna Cabana in Hamilton, Ontario

CALGARY, AB , Nov. 18, 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

3 Marijuana Stocks For Today Watchlist

The future of cannabis investing rests in the hands of politicians who may not have the industry's best interests at heart. Right now, the majority of marijuana stocks are feeling the impact of cannab...

2 months ago - MarijuanaStocks

High Tide Closes Final Tranche Of $15M Debt, Plans Retail Growth

High Tide Inc. (NASDAQ: HITI), a leading cannabis retail enterprise, announced today the closing of the final tranche of its $15 million subordinated debt facility. This funding marks the completion ...

2 months ago - Benzinga

High Tide Announces Closing of Final Tranche of $15 Million Subordinated Debt Facility

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 . ...

2 months ago - PRNewsWire

Best Ancillary Cannabis Stocks Positioned for Growth Amid Market Pullback

As the US cannabis industry continues to grow, investor interest remains high. The market, valued at over $13 billion in 2023, is projected to exceed $30 billion by 2025. Despite this positive outlook...

2 months ago - MarijuanaStocks

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...

3 months ago - PRNewsWire