High Tide Inc. (HITI)
| Market Cap | 170.18M |
| Revenue (ttm) | 497.66M |
| Net Income (ttm) | -35.54M |
| Shares Out | 75.30M |
| EPS (ttm) | -0.47 |
| PE Ratio | n/a |
| Forward PE | 250.00 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 733,149 |
| Open | 2.240 |
| Previous Close | 2.210 |
| Day's Range | 2.170 - 2.310 |
| 52-Week Range | 1.140 - 2.850 |
| Beta | 1.12 |
| Analysts | Strong Buy |
| Price Target | 4.50 (+99.12%) |
| Earnings Date | Jun 12, 2024 |
About HITI
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]
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 StatementsAnalyst Forecast
According to one analyst, the rating for HITI stock is "Strong Buy" and the 12-month stock price forecast is $4.5.
News
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High Tide Announces Participation at Upcoming Cannabis Investment and B2B Conferences
CALGARY, AB , April 15, 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...
High Tide Announces Transition of Chief Financial Officer
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 . ...
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High Tide to Open Fifth Canna Cabana Store in Mississauga, Ontario
Already the Second Largest Cannabis Retailer in North America by Store Count, The Company Now Becomes the Largest Cannabis Retailer in Canada's Fastest Growing City CALGARY, AB , April 4, 2024 /PRNews...
High Tide Welcomes Start of German Cannabis Legalization
Second Largest Cannabis Retailer in North America by Store Count Well Positioned to Enter German Market Once Regional Pilot Programs Commence CALGARY, AB , April 1, 2024 /PRNewswire/ - High Tide Inc. ...
High Tide Closes Acquisition of Premium Canadian Cannabis Brand, Queen of Bud
CALGARY, AB , March 28, 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-worl...
High Tide to Open Fourth Canna Cabana in Mississauga, Ontario
CALGARY, AB , March 26, 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-worl...
High Tide to Open Third Canna Cabana in Mississauga, Ontario
CALGARY, AB , March 21, 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-worl...
High Tide Resources Announces 3D Geophysics Interpretation and Targeting Advancements at Labrador West Iron Project
TORONTO, ON / ACCESSWIRE / March 20, 2024 / High Tide Resources Corp. ("High Tide" or the "Company") (CSE:HTRC) is pleased to provide a progress update for its flagship Labrador West Iron Project ("La...
High Tide Reports First Quarter 2024 Financial Results Featuring Record Revenue, Record Adjusted EBITDA, and Third Consecutive Quarter of Positive Free Cash Flow as well as Break-Even Net Income
First Quarter Results Include Revenue of $128.1 Million, Adjusted EBITDA of $10.4 Million, and $3.6 Million of Free Cash Flow This news release constitutes a "designated news release" for the purposes...
High Tide to Acquire Premium Canadian Cannabis Brand, Queen of Bud
CALGARY, AB , March 15, 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-worl...
High Tide Opens New Canna Cabana Location in Toronto, Ontario
CALGARY, AB , March 14, 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-worl...
High Tide Opens Second Canna Cabana in Mississauga, Ontario
CALGARY, AB , March 4, 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...
High Tide to Announce First Fiscal Quarter 2024 Financial Results
CALGARY, AB , March 1, 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...
High Tide Welcomes Passage of First Pillar of Germany's Cannabis Legalization Plan
CALGARY, AB , Feb. 23, 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...
High Tide Recognized as a Top 10 Ranked Company in the Diversified Industries Sector by the TSX Venture 50 for 2024
This Marks the Company's Second Time Making This Prestigious List in Three Years CALGARY, AB , Feb. 22, 2024 /PRNewswire/ - High Tide Inc. ("High Tide" or the "Company") (Nasdaq: HITI) (TSXV: HITI) (F...
High Tide Signs Limited Cannabis Distribution Agreement With Manitoba Liquor and Lotteries
CALGARY, AB , Feb. 13, 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...
High Tide Releases Audited 2023 Financial Results Featuring Record Fourth Quarter Revenue of $127.1 Million, Record Adjusted EBITDA of $8.4 Million and Record Free Cash Flow of $5.7 Million, Respectively
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 . ...
High Tide To Open First Canna Cabana Store in Fort McMurray, Alberta
CALGARY, AB , Jan. 26, 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...
High Tide Founder and CEO, Raj Grover, Makes Grow Up's 2024 Top 50 Cannabis Leaders in Canada List
CALGARY, AB , Jan. 23, 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...
High Tide to Announce Fourth Quarter and Full Fiscal Year 2023 Financial Results
CALGARY, AB , Jan. 12, 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...
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High Tide Resources Announces Results from Annual General Meeting and Option Grant
TORONTO, ON / ACCESSWIRE / January 2, 2024 / High Tide Resources Corp. ("High Tide" or the "Company") (CSE:HTRC) is pleased to provide an update from its Annual General Meeting ("AGM") which was held ...