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 sellside) analysts often affect a stock's price, do they really matter? High Tide currently has an average brokerage recommendation (ABR) of 1.25, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by four brokerage firms. An ABR o ...

The Company is Well Positioned to Take Advantage of Private Label Sales, Including Through its Newly Acquired Queen of Bud Brand Across Ontario, Manitoba, Saskatchewan and Alberta CALGARY, AB, June 4, 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, welcomed the announcement by Alberta Gaming Liquor and Cannabis' (AGLC) that it has amended ...

Core Insights - High Tide Inc. is set to open its first Canna Cabana retail cannabis store in Huntsville, Ontario, on June 6, 2024, marking its 172nd location in Canada and the 63rd in Ontario [1][3] - The new store is strategically located in a busy shopping plaza, catering to both local residents and seasonal visitors to the Muskoka region, which attracts 3.2 million travelers annually [2][3] - The company emphasizes its strong free cash flow profile, which supports its growth strategy in Ontario and other provinces [4] Company Overview - High Tide is recognized as the second-largest cannabis retailer in North America by store count, with a total of 172 locations across various provinces in Canada [5] - The Canna Cabana brand is the largest non-franchised cannabis retail chain in Canada and was the first cannabis discount club retailer in North America [5] - High Tide operates a diversified business model that includes retail, e-commerce, and wholesale distribution, along with a range of consumer brands and CBD products [6][7][8] Market Position and Recognition - High Tide has been acknowledged as one of Canada's Top Growing Companies for three consecutive years (2021, 2022, 2023) and ranked among the top 10 performing diversified industry stocks in the TSX Venture 50 for 2022 and 2024 [9] - The company was also recognized as the number one retail category performer on the Financial Times list of Americas' Fastest Growing Companies for 2023 [9]

In the latest trading session, High Tide Inc. (HITI) closed at $2.38, marking no change from the previous day. The stock outperformed the S&P 500, which registered a daily loss of 0.74%. Elsewhere, the Dow lost 1.06%, while the tech-heavy Nasdaq lost 0.58%. The Medical - Products industry is part of the Medical sector. At present, this industry carries a Zacks Industry Rank of 94, placing it within the top 38% of over 250 industries. The Zacks Industry Rank assesses the strength of our separate industry gro ...

CALGARY, Alberta, May 29, 2024 (GLOBE NEWSWIRE) -- 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 Raj Grover, Founder and Chief Executive Officer of High Tide will participate in a fireside chat with Andrew Semple, Sell-Side Analyst at Echelon Capital Markets at the KCSA Cannabis Virtual Investor Conference hosted by VirtualInvestorConfer ...

CALGARY, AB, May 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 it will release its financial and operational results for the quarter ended April 30, 2024, after financial markets close on Thursday, June 13, 2024. High Tide's second fiscal quarter 2024 financial and operational results will be available on SEDAR+ ...

Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about High Tide Inc. (HITI) . 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? High Tide currently has an average brokerage rec ...

The Medical - Products industry is part of the Medical sector. This industry, currently bearing a Zacks Industry Rank of 145, finds itself in the bottom 43% echelons of all 250+ industries. The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Investors should also take note of any recent adjustments to analyst est ...

The most recent trading session ended with High Tide Inc. (HITI) standing at $2.24, reflecting a -1.32% shift from the previouse trading day's closing. This change lagged the S&P 500's 0.02% loss on the day. At the same time, the Dow lost 0.21%, and the tech-heavy Nasdaq gained 0.29%. The company's shares have seen an increase of 0.44% over the last month, not keeping up with the Medical sector's gain of 1.65% and the S&P 500's gain of 1.29%. The investment community will be paying close attention to the ea ...

CALGARY, AB, May 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 its Canna Cabana retail cannabis store located at 1105 Kingston Road, Pickering Ontario will begin selling recreational cannabis products and consumption accessories for adult use. This opening will mark High Tide's 171st Canna Cabana branded retail ...