Added to YB: 2025-02-24
Pitch date: 2025-02-20
HITI [bullish]
High Tide Inc.
-7.69%
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 289.0M
Pitch Price
CAD 2.60
Price Target
28.00 (+1067%)
Dividend
N/A
EV/EBITDA
9.73
P/E
-5.33
EV/Sales
0.62
Sector
Pharmaceuticals
Category
growth
Show full summary:
High Tide! Canada's 'Costco of Cannabis'
HITI: Largest Canadian cannabis retailer, 191 stores, 11% market share in 5 provinces. Cabana Club loyalty program (1.72M members) drives growth. FCF positive, improving margins. Germany expansion via Purecan acquisition. Analysts expect 14.9% revenue CAGR to 2026. Attractive valuation: P/S 0.6, P/FCF 11. High upside potential, but risks remain.
Read full article (13 min)