Added to YB: 2025-07-25
Pitch date: 2025-07-22
HITI [bullish]
High Tide Inc.
+14.72%
current return
Author Info
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Company Info
High Tide Inc. engages in the cannabis retail business in Canada. It operates through Bricks and Mortar Operations; and E-commerce Operations segments.
Market Cap
CAD 331.0M
Pitch Price
CAD 3.26
Price Target
N/A
Dividend
N/A
EV/EBITDA
13.81
P/E
-31.40
EV/Sales
0.62
Sector
Pharmaceuticals
Category
growth
High Tide Inc - $HITI & $HITI.to
HITI: Cannabis retailer w/ 200+ stores, 11-12% market share. Outperforms peers 2x in rev/store. Profitable w/ 25% gross margin, 12% EBITDA. Risks: regulation, US legalization delays. Catalysts: US/intl expansion, store growth (300+ target), white label growth, acquisition target. Trading below mkt at ~7.3x EBITDA. CEO owns 8%.
Read full article (6 min)