Profile
Sector:
HealthcareIndustry:
Pharmaceutical RetailersCountry:
CanadaIPO:
08 January 2021Website:
http://www.hightideinc.comNext earnings report:
13 September 2024Last dividends:
N/ANext dividends:
N/APrice
after hours | Wed, 03 Jul 2024 20:33:39 GMTDividend
Analysts recommendations
Institutional Ownership
HITI Latest News
The stock market rally has been showing no sign of stopping, and while most of it has been driven by Big Tech, it is worth looking into some little-known penny stocks. These stocks usually see huge breakouts and trade at big premiums during bullish rallies.
CALGARY, AB , June 28, 2024 /PRNewswire/ - High Tide Inc. ("High Tide" or the "Company") (Nasdaq: HITI) (TSXV: HITI) (FSE: 2LYA), the high-impact, retail-forward enterprise built to deliver real-world value across every component of cannabis, announced today that its Canna Cabana retail cannabis store located at 40 Great Plains Road, Emerald Park, Saskatchewan will begin selling recreational cannabis products and consumption accessories for adult use on Saturday, June 29. Additionally, its store located at 122 4 Avenue West, Cochrane, Alberta, will open on Sunday, June 30.
CALGARY, AB , June 20, 2024 /PRNewswire/ - High Tide Inc. ("High Tide" or the "Company") (Nasdaq: HITI) (TSXV: HITI) (FSE: 2LYA), the high-impact, retail-forward enterprise built to deliver real-world value across every component of cannabis, announced today that its Canna Cabana retail cannabis store located at 5308 17 Ave SW Calgary will begin selling recreational cannabis products and consumption accessories for adult use tomorrow, June 21. This opening will mark High Tide's 173rd Canna Cabana branded retail cannabis location in Canada and the 80th in the province of Alberta.
High Tide Inc. (NASDAQ:HITI ) Q2 2024 Earnings Conference Call June 14, 2024 11:30 AM ET Company Participants Krystal Dafoe - Director, Corporate Governance Raj Grover - President and Chief Executive Officer Mayank Mahajan - Chief Financial Officer Conference Call Participants Scott Fortune - Roth Capital Partners Ty Collin - Eight Capital Frederico Gomes - ATB Capital Markets Matt Bottomley - Canaccord Genuity Andrew Semple - Echelon Capital Markets. Mike Regan - Excelsior Equities Operator Good morning.
High Tide Inc. (HITI) reported break-even quarterly earnings per share versus the Zacks Consensus Estimate of a loss of $0.01. This compares to loss of $0.01 per share a year ago.
The Company Remains the Largest Non-Franchised Cannabis Retailer in Canada, and is the Second Largest Globally by Store Count, with 172 Operating Locations 1 This news release constitutes a "designated news release" for the purposes of the Company's prospectus supplement dated August 31, 2023, to its short form base shelf prospectus dated August 3, 2023 . The Company Generated $9.4 Million of Positive Free Cash Flow 2 in the Second Fiscal Quarter.
Five-Year Debt Financing Provides More Fuel to Continue Growing While Remaining Free Cash Flow Positive This news release constitutes a "designated news release" for the purposes of the Company's prospectus supplement dated August 31, 2023 to its short form base shelf prospectus dated August 3, 2023 CALGARY, AB , June 13, 2024 /PRNewswire/ - High Tide Inc. ("High Tide" or the "Company") (Nasdaq: HITI) (TSXV: HITI) (FSE: 2LYA), the high-impact, retail-forward enterprise built to deliver real-world value across every component of cannabis, announced today that it has entered into binding subscription agreements with arm's length institutional credit providers (together, the "Lenders") for aggregate gross proceeds of $15 million in a subordinated debt financing (the "Financing"). "I am very excited to announce that we have signed definitive agreements for an aggregate of $15 million in debt financing, plus a $10 million accordion feature.
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
CALGARY, AB , June 3, 2024 /PRNewswire/ - High Tide Inc. ("High Tide" or the "Company") (Nasdaq: HITI) (TSXV: HITI) (FSE: 2LYA), the high-impact, retail-forward enterprise built to deliver real-world value across every component of cannabis, announced today that its Canna Cabana retail cannabis store located at 17 Hanes Road, Huntsville, Ontario will begin selling recreational cannabis products and consumption accessories for adult use on Thursday, June 6, 2024. This opening will mark High Tide's 172nd Canna Cabana branded retail cannabis location in Canada, the 63rd in the province of Ontario and the first store in Huntsville.
High Tide Inc. (HITI) reachead $2.38 at the closing of the latest trading day, reflecting no change compared to its last close.
What type of business is High Tide?
High Tide Inc. engages in the cannabis retail business in Canada, Europe, the United States, and internationally. The company designs, manufactures, and distributes smoking accessories and cannabis lifestyle products. It is also involved in the wholesale and retailing of cannabis products, as well as operates and franchises licensed retail cannabis stores. In addition, the company provides data analytics services, as well as operates Grasscity.com and CBDcity.com platforms. As of August 4, 2022, it operated 139 retail locations in Ontario, Alberta, British Columbia, Manitoba, and Saskatchewan. The company was formerly known as High Tide Ventures Inc. and changed its name to High Tide Inc. in October 2018. High Tide Inc. was founded in 2009 and is headquartered in Calgary, Canada.
What sector is High Tide in?
High Tide is in the Healthcare sector
What industry is High Tide in?
High Tide is in the Pharmaceutical Retailers industry
What country is High Tide from?
High Tide is headquartered in Canada
When did High Tide go public?
High Tide initial public offering (IPO) was on 08 January 2021
What is High Tide website?
https://www.hightideinc.com
Is High Tide in the S&P 500?
No, High Tide is not included in the S&P 500 index
Is High Tide in the NASDAQ 100?
No, High Tide is not included in the NASDAQ 100 index
Is High Tide in the Dow Jones?
No, High Tide is not included in the Dow Jones index
When does High Tide report earnings?
The next expected earnings date for High Tide is 13 September 2024