Added to YB: 2025-09-18
Pitch date: 2025-09-17
HITI.V [neutral]
High Tide Inc.
-18%
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 4.89
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 Update – $HITI.v & $HITI
HITI.V (update): Cannabis retailer w/ 207 stores, 12% Canadian market share. Q3 rev $149.7M (+14% YoY), EBITDA $10.6M, SSS +7.4% (fastest in 2yrs). Acquired 51% of German distributor Remexian for 3.6x EBITDA. Trading 7x forward EV/EBITDA. Catalysts: US expansion, Remexian growth, store rollout to 300+.
Read full article (3 min)