High Tide Inc. (HITI)
| Market Cap | 82.78M |
| Revenue (ttm) | 402.71M |
| Net Income (ttm) | -68.35M |
| Shares Out | 74.57M |
| EPS (ttm) | -1.06 |
| PE Ratio | n/a |
| Forward PE | 64.10 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 181,660 |
| Open | 1.10 |
| Previous Close | 1.11 |
| Day's Range | 1.07 - 1.11 |
| 52-Week Range | 1.03 - 5.10 |
| Beta | 1.19 |
| Analysts | Buy |
| Price Target | 4.85 (+336.94%) |
| Earnings Date | Mar 20, 2023 |
About HITI
High Tide Inc. engages in the cannabis retail business in Canada, Europe, the United States, and internationally. The company designs, manufactures, and distributes smoking accessories and cannabis lifestyle products. It is also involved in the wholesale and retailing of cannabis products, as well as operates and franchises licensed retail cannabis stores. In addition, the company provides data analytics services, as well as operates Grasscity.com and CBDcity.com platforms. As of August 4, 2022, it operated 139 retail locations in Ontario, Albe... [Read more]
Financial Performance
In 2022, High Tide's revenue was $356.85 million, an increase of 97.02% compared to the previous year's $181.12 million. Losses were -$71.76 million, 108.9% more than in 2021.
Financial StatementsAnalyst Forecast
According to 8 analysts, the average rating for HITI stock is "Buy." The 12-month stock price forecast is $4.85, which is an increase of 336.94% from the latest price.
News
High Tide Inc. (HITI) Reports Q1 Loss, Tops Revenue Estimates
High Tide Inc. (HITI) delivered earnings and revenue surprises of 28.57% and 6.13%, respectively, for the quarter ended January 2023. Do the numbers hold clues to what lies ahead for the stock?
High Tide Reports Second Consecutive Quarter of Record Revenue and Adjusted EBITDA; $118 Million and $5.5 Million, Respectively
This news release constitutes a "designated news release" for the purposes of the Company's prospectus supplement dated December 3, 2021, to its short form base shelf prospectus dated April 22, 2021.
3 Marijuana Stocks To Day Trade On Good Momentum
3 Marijuana Stocks For Todays Watchlist The post 3 Marijuana Stocks To Day Trade On Good Momentum appeared first on Marijuana Stocks | Cannabis Investments and News. Roots of a Budding Industry.™.
The Best Marijuana Stocks For Cannabis Investing
2 Marijuana Stocks To Buy In Todays Stock Market? The post The Best Marijuana Stocks For Cannabis Investing appeared first on Marijuana Stocks | Cannabis Investments and News. Roots of a Budding Indus...
High Tide to Announce First Quarter 2023 Financial Results
CALGARY, AB , Feb. 27, 2023 /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...
Avidian's Majority Owned High Tide Resources Announces Maiden Mineral Resource Estimate at its Labrador West Iron Project
Inferred Mineral Resource of 654.9 Million Tonnes Grading 28.8% Total Iron TORONTO, ON / ACCESSWIRE / February 24, 2023 / Avidian Gold Corp. ("Avidian" or the "Company") (TSXV:AVG) is pleased an updat...
High Tide Resources Announces Maiden Mineral Resource Estimate at its Labrador West Iron Project
Inferred Mineral Resource of 654.9 Million Tonnes Grading 28.8% Total Iron TORONTO, ON / ACCESSWIRE / February 23, 2023 / High Tide Resources Corp. ("High Tide" or the "Company") (CSE:HTRC) is pleased...
High Tide Announces Management Change and Corrects Disclosure
This news release constitutes a "designated news release" for the purposes of the Company's prospectus supplement dated December 3, 2021, to its short form base shelf prospectus dated April 22, 2021 C...
Best Ancillary Marijuana Stocks To Watch This Week In February
Are Ancilary Pot Stocks On Your Watchlist For 2023? The post Best Ancillary Marijuana Stocks To Watch This Week In February appeared first on Marijuana Stocks | Cannabis Investments and News. Roots of...
3 Marijuana Stocks To Buy In 2023?
3 Marijuana Stocks To Watch Today The post 3 Marijuana Stocks To Buy In 2023? appeared first on Marijuana Stocks | Cannabis Investments and News. Roots of a Budding Industry.™.
High Tide Releases Audited 2022 Financial Results Featuring Record Fourth Quarter Revenue of $108.2 Million and Record Adjusted EBITDA of $5.0 Million
The Company has also signed an LOI with Berlin-based health and life science company Sanity Group to better take advantage of potential German adult-usecannabis legalization This news release constitu...
High Tide Inc. (HITI) Reports Q4 Loss, Tops Revenue Estimates
High Tide Inc. (HITI) delivered earnings and revenue surprises of -20% and 7.26%, respectively, for the quarter ended October 2022. Do the numbers hold clues to what lies ahead for the stock?
Best Ancillary Marijuana Stocks To Watch Before February 2023
Are Ancillary Pot Stocks A Buy Before February? The post Best Ancillary Marijuana Stocks To Watch Before February 2023 appeared first on Marijuana Stocks | Cannabis Investments and News. Roots of a Bu...
High Tide Resources Completes Phase 1 Prospecting at its Clearcut Lithium Project in Quebec
TORONTO, ON / ACCESSWIRE / January 16, 2023 / High Tide Resources Corp. ("High Tide" or the "Company") (CSE:HTRC) announces today that it has completed its Phase 1 prospecting program at the 14,400-he...
Are Cannabis Stocks A Buy In January? 2 Penny Stocks To Watch Now
Are Pot Stocks A Good Short-Term Trade For Q1 2023? The post Are Cannabis Stocks A Buy In January? 2 Penny Stocks To Watch Now appeared first on Marijuana Stocks | Cannabis Investments and News. Roots...
High Tide to Announce Fourth Quarter and Full Fiscal Year 2022 Financial Results
The Company additionally announces the appointment of Omar Yar Khan as Chief Communications and Public Affairs Officer CALGARY, AB , Jan. 11, 2023 /PRNewswire/ - High Tide Inc. ("High Tide" or the "C...
High Tide Opens First Canna Cabana Store In Kamloops, British Columbia
CALGARY, Alberta--(BUSINESS WIRE)--High Tide Inc. (“High Tide” or the “Company”) (Nasdaq: HITI) (TSXV: HITI) (FSE: 2LYA), a leading retail-focused cannabis company with bricks-and-mortar as well as ...
High Tide Recaps Key Milestones of 2022
The Company closes the year as the top revenue-generating cannabis company in Canada The Company also announces the opening of its 150th Canna Cabana location CALGARY, AB , Dec. 30, 2022 /PRNewswire/ ...
High Tide Closes Acquisition of Jimmy's Cannabis Shop BC
CALGARY, Alberta--(BUSINESS WIRE)--High Tide Inc. (“High Tide” or the “Company”) (Nasdaq: HITI) (TSXV: HITI) (FSE: 2LYA), a leading retail-focused cannabis company with bricks-and-mortar as well as ...
High Tide Opens Two New Canna Cabana Stores in North York, Ontario and Winnipeg, Manitoba
CALGARY, AB , Dec. 22, 2022 /PRNewswire/ - High Tide Inc. ("High Tide" or the "Company") (Nasdaq: HITI) (TSXV: HITI) (FSE: 2LYA), a leading retail-focused cannabis company with bricks-and-mortar as we...
Best Marijuana Stocks To Watch Before Next Year
Are Penny Pot Stocks A Buy Before 2023? The post Best Marijuana Stocks To Watch Before Next Year appeared first on Marijuana Stocks | Cannabis Investments and News. Roots of a Budding Industry.™.
High Tide Opens New Canna Cabana Store In Suburban Ottawa
CALGARY, AB , Dec. 19, 2022 /PRNewswire/ - High Tide Inc. ("High Tide" or the "Company") (Nasdaq: HITI) (TSXV: HITI) (FSE: 2LYA), a leading retail-focused cannabis company with bricks-and-mortar as we...
High Tide Opens Two New Canna Cabana Stores in Kitchener and Barrie, Ontario
New openings bring the company store count in Ontario to 46 CALGARY, AB , Dec. 15, 2022 /PRNewswire/ - High Tide Inc. ("High Tide" or the "Company") (Nasdaq: HITI) (TSXV: HITI) (FSE: 2LYA), a leading ...
High Tide begins to sell cannabis seeds in United States
High Tide Inc has started to sell cannabis seeds online in the United States, the cannabis retailer said on Tuesday, after the country's narcotics agency determined that they can be sold openly.
High Tide Enters New Vertical in the United States With Launch of Cannabis Seeds
The global cannabis seeds market was valued at USD $1.3 billion in 2021 and is projected to reach USD $6.5 billion by 2031 with an expected CAGR of 18.4% from 2022-2023 1 Over the last 12 months, Gras...