Added to YB: 2026-06-19
Pitch date: 2026-06-17
HITI [neutral]
High Tide Inc.
Author Info
Dengler Deep Dives focuses on fast-growing businesses that preferably return capital through buybacks or dividends when appropriate. 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 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 2026 Earnings: The Bull Case Keeps Getting Stronger
HITI (earnings): Q2 2026 record rev $179.3M CAD (+30% YoY), adj EBITDA +73% to $13.9M (fastest in 11 qtrs), gross margin 27%, 4th straight qtr of positive net income/FCF. German Remexian hit 14% mkt share, rev $31.6M (+49% YoY), 90 days ahead of plan. ELITE paid members +84%, 2.65M club members. Stock +14% on print.
Read full article (3 min)