Added to YB: 2026-06-19
Pitch date: 2026-06-17
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 279.5M
Pitch Price
N/A
Price Target
N/A
Dividend
N/A
EV/EBITDA
7.74
P/E
-6.63
EV/Sales
0.56
Sector
Pharmaceuticals
Category
growth
High Tide Q2 F26 Update – $HITI. $HITI.v
HITI (added to position): Q2 F26 rev $179.3M (+30% y/y) beat est 4.8%, adj EBITDA $13.9M (+73%) beat 35.6%, stock +10%. Remexian Germany gross margin jumped to 27% (14% mkt share), Canada SSS -1.2% on trade-down. 221 stores, FCF $1.5M. New $40M BMO facility. ~6.2x EV/2026E EBITDA. Adding to position.
Read full article (6 min)