Added to YB: 2026-09-18
Pitch date: 2026-09-16
HITI [bullish]
High Tide Inc.
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 324.2M
Pitch Price
N/A
Price Target
N/A
Dividend
N/A
EV/EBITDA
7.84
P/E
-9.32
EV/Sales
0.59
Sector
Pharmaceuticals
Category
growth
High Tide Q3 F2026 Update – $HITI, $HITI.v
HITI (added to position): High Tide delivered a stronger-than-expected record Q3, with revenue up 33% to $198.8M and adjusted EBITDA up 53% to $16.2M as Remexian added $4.4M of EBITDA and gained German market share. At ~6.8x trailing EBITDA and under 5x estimated 2027 EBITDA, valuation supports the bullish view, though Canadian same-store sales were flat and consumer pressure is thinning baskets.
Read full article (4 min)