Added to YB: 2025-09-18
Pitch date: 2025-09-17
HITI.V [neutral]
High Tide Inc.
-32.92%
current return
Author Info
Petty Cash shares microcap investing ideas (mainly in Canada) in their newsletter. Sign up for the newsletter.
Company Info
High Tide Inc. engages in the cannabis retail business in Canada, the United States, and internationally.
Market Cap
CAD 289.0M
Pitch Price
CAD 4.89
Price Target
N/A
Dividend
N/A
EV/EBITDA
9.73
P/E
-5.33
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)