NASDAQ : HITI
$0.01 (0.46%)
Industry, Sector & symbol
| Stock Exchange | NASDAQ |
| CEO | Harkirat Grover |
| Industry | Medical - Pharmaceuticals |
| Sector | Healthcare |
| Current Symbol | HITI |
| CUSIP | 42981E401 |
| CIK | 0001847409 |
| Web | https://www.hightideinc.com |
| Phone | 403 770 9435 |
| Currency | USD |
| Employees | 1832 |
| Country | CA |
Liquidity
| Debt-to-Equity Ratio | 1.23 |
| Payout Ratio | -0.03 |
| Current Ratio | 1.46 |
| Quick Ratio | 0.66 |
| Cash Ratio | 0.41 |
Sales & Book Value
| Annual Sales | $593.99M |
| Price / Sales | 0.40 |
| Cash Flow | 0.17 |
| Price / Cash Flow | 17.93 |
| Price / Book | 3.03 |
Price Target and Rating
| Average Stock Price Forecast | $2.70 |
| High Stock Price Forecast | $2.70 |
| Low Stock Price Forecast | $2.70 |
| Forecast Upside/Downside | -19.63% |
| Consensus Rating | Sell |
| Rating Score(0-5) | 2 |
| Research Coverage | 4 Analysts |
Profitability
| EPS (Most Recent Fiscal Year) | -$0.62 |
| Trailing P/E Ratio | -6.11 |
| PEG Ratio | 0.01 |
| P/E Growth | 0.01 |
| Net Income | -$50.75M |
| Net Margin | -6.56% |
| Pretax Margin | -6.85% |
| Return on Equity | -43.38% |
| Return on Assets | -12.66% |
Financials Score
| AltmanZ Score | 1.41 |
| Piotroski Score | 3.00 |
| Working Capital | 41.45M |
| Total Assets | 347.87M |
| Ebit | -29.45M |
| Market Cap | 267.9M |
| Total Liabilities | 245.96M |
About High Tide Inc. (NASDAQ:HITI) Stock
High Tide Inc. primarily operates as a prominent cannabis retailer with a significant presence across Canada, Europe, the United States, and other international markets. Beyond its retail footprint, the company is actively involved in the design, manufacturing, and distribution of smoking accessories and a variety of cannabis lifestyle products. Its operations encompass both the wholesale and direct-to-consumer retailing of cannabis goods, achieved through both company-operated and franchised licensed retail outlets. Diversifying its revenue streams, High Tide Inc. also provides specialized data analytics services and manages two key e-commerce platforms: Grasscity.com and CBDcity.com. As of August 4, 2022, the company managed an extensive network of 139 retail locations spanning Canadian ... provinces including Ontario, Alberta, British Columbia, Manitoba, and Saskatchewan. Established in 2009 and headquartered in Calgary, Canada, the entity initially operated as High Tide Ventures Inc. before formally adopting its current name, High Tide Inc., in October 2018.
High Tide CEO Raj Grover Answered Shareholder Questions During Reddit AMA
2026-07-15 18:00:00
CALGARY, AB, July 15, 2026 /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, is pleased to announce that Founder & Chief Executive Officer Raj Grover answered shareholder questions during his fifth Reddit Ask Me Anything ("AMA") session today, on July 15, 2026, on the Company's official subreddit, r/HighTideInc. The AMA continues High Tide's long-standing commitment to direct, unfiltered engagement with its retail shareholder base, a community that has been central to the Company's growth story since its founding. Mr. Grover answered questions from shareholders and community members on the Company's strategy, operations, and outlook.
High Tide Announces Adoption of New Shareholder Rights Plans
2026-07-06 06:00:00
CALGARY, AB, July 6, 2026 /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 board of directors (the "Board") has approved the adoption of a shareholder rights plan agreement (the "Temporary Shareholder Rights Plan"), and an amended and restated shareholder rights plan (the "Amended and Restated Shareholder Rights Plan", and together with the Temporary Shareholder Rights Plan, the "Plans") pursuant to agreements entered into with Olympia Trust Company, as Rights Agent, dated June 26, 2026. The Amended and Restated Shareholder Rights Plan amends and restates the shareholder rights plan originally adopted by the Board on April 10, 2025 and ratified by the Company's shareholders at the Company's annual general and special meeting held on May 30, 2025 to include the measures set out in the Temporary Shareholder Rights Plan.
2026-06-17 06:00:00
CALGARY, AB, June 17, 2026 /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 majority-owned subsidiary, Remexian Pharma GmbH ("Remexian"), showcased its exclusive German medical cannabis distribution partnerships with leading Canadian cannabis brands at Mary Jane Berlin 2026, one of Europe's largest cannabis trade shows, held June 11–14, 2026, in Berlin, Germany. Through these partnerships, Remexian is bringing premium Canadian medical cannabis products to German patients and pharmacies, further strengthening its position as a leading importer and distributor in one of the world's fastest-growing medical cannabis markets.
High Tide Inc. (HITI:CA) Q2 2026 Earnings Call Transcript
2026-06-16 17:12:10
High Tide Inc. (HITI:CA) Q2 2026 Earnings Call Transcript
2026-06-15 16:00:00
The Company Also Reports Positive Free Cash Flow and Net Income The Company's German Medical Cannabis Subsidiary, Remexian Pharma GmbH (Remexian) Generated Record Revenue of $31.6 Million with Gross Margins Increasing to 27% The Company Has Secured Credit Approval with Bank of Montreal for $40MM of Senior Secured Credit Facilities to Fuel Further Non-Dilutive Growth Canadian Cabana Club Membership Now Exceeds 2.65 Million, Up 39% Compared to the Previous Year ELITE Members in Canada Have Surpassed 178,000, Up 84% Compared to the Previous Year High Tide Remains the Highest Revenue Generating Cannabis Company Reporting in Canadian Dollars,1 and Continues to Hold a Leading 12% Share of the Cannabis Retail Market Across the Five Provinces in Which the Company Has a Presence2 CALGARY, AB, June 15, 2026 /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, today released its financial results for the second fiscal quarter of 2026 ended April 30, 2026, the highlights of which are included in this news release. The full set of unaudited condensed interim consolidated financial statements for the three months ended April 30, 2026 and 2025 (the "Financial Statements") and accompanying management's discussion and analysis can be accessed by visiting the Company's website at www.hightideinc.com, its profile pages on SEDAR+ at www.sedarplus.ca, and EDGAR at www.sec.gov/edgar.
High Tide Secures Credit Approval for C$40MM of Senior Secured Credit Facilities
2026-06-15 06:15:00
CALGARY, AB, June 15, 2026 /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, today announced that, further to its press release dated May 5, 2026, it has secured credit approval for a loan agreement (the "Loan Agreement") with Bank of Montreal ("BMO") in respect of new senior secured credit facilities in the principal amount of C$40 million (the "New Credit Facilities"). Closing of the New Credit Facilities remains subject to the satisfaction of customary closing conditions.
High Tide to Acquire Northern Helm, Adding Four Established Retail Cannabis Stores in Ontario
2026-06-15 06:00:00
CALGARY, AB, June 15, 2026 /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 it is taking yet another step to expand its bricks-and-mortar retail cannabis operations, by entering into a definitive agreement (the "Acquisition Agreement") pursuant to which High Tide will acquire 100% of the equity interest of J. Supply Holdings Inc., operating as Northern Helm ("Northern Helm"), resulting in High Tide's acquisition of four of the six retail cannabis stores currently operated by Northern Helm in Ontario (the "Stores") for $7.74 Million (the "Transaction").
Top Wall Street Forecasters Revamp High Tide Expectations Ahead Of Q2 Earnings
2026-06-12 04:15:38
High Tide Inc. (NASDAQ:HITI) will release earnings for its second quarter after the closing bell on Monday, June 15.
Frequently Asked Questions
What is the current High Tide Inc. (HITI) stock price?
High Tide Inc.(NASDAQ:HITI) stock price is $2.17 in the last trading session. During the trading session, HITI stock reached the peak price of $4.055 while $2.12 was the lowest point it dropped to. The percentage change in HITI stock occurred in the recent session was 0.46% while the dollar amount for the price change in HITI stock was $0.01.
HITI's industry and sector of operation?
The NASDAQ listed HITI is part of Medical - Pharmaceuticals industry that operates in the broader Healthcare sector.
Who are the executives of HITI?
Joy Lisa Avzar
| Senior Vice President of Legal & Compliance
Sandy Sharma
| Vice President of Human Resources
Aman Sood
| Chief Operating Officer
Shimshon Posen
| Secretary & Treasurer
Andreas-Alexander Palalas
| Chief Marketing Officer
How many employees does HITI have?
Number of HITI employees currently stands at 1832. HITI operates from 11127 - 15 Street NE, Calgary, AB T3K 2M4, CA.
Link for HITI official website?
Official Website of HITI is: https://www.hightideinc.com
How do I contact HITI?
HITI could be contacted at phone #403 770 9435 and can also be accessed through its website. HITI operates from 11127 - 15 Street NE, Calgary, AB T3K 2M4, CA.
How many shares of HITI are traded daily?
The average number of HITI shares traded daily for last 3 months was 603.8K.
What is the market cap of HITI currently?
The market value of HITI currently stands at $190.68M with its latest stock price at $2.17