Added to YB: 2026-06-04
Pitch date: 2026-06-02
HITI [neutral]
High Tide Inc.
-3.29%
current return
Author Info
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Company Info
High Tide Inc. engages in the cannabis retail business in Canada, the United States, and internationally.
Market Cap
CAD 290.1M
Pitch Price
CAD 3.34
Price Target
N/A
Dividend
N/A
EV/EBITDA
9.52
P/E
-5.92
EV/Sales
0.60
Sector
Pharmaceuticals
Category
growth
Are These Tobacco/Nicotine/Weed Stocks Still Worth Owning in 2026? - High Tide
HITI (overview): Canadian cannabis retailer, Costco-style discount model. Canna Cabana 12% market share (2x since 2021). Rev +25% YoY last Q, +17% TTM. Structurally FCF positive since FY23 (rare in sector); FY25 FCF depressed by German Remexian entry. Elite paid membership +100% YoY, members 90%+ of sales. Mgmt sees share gains as weak retailers die. Long-term compounder but expect years of underperformance before payoff.
Read full article (2 min)