High Tide (HITI)

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High Tide Reports Second Quarter 2024 Financial Results Featuring Record Free Cash Flow of $9.4 Million and Positive Net Income
Prnewswire· 2024-06-13 20:00
High Tide consistently moves ahead of the currents, having been named one of Canada's Top Growing Companies in 2021, 2022 and 2023 by the Globe and Mail's Report on Business Magazine, and was named as one of the top 10 performing diversified industries stocks in both the 2022 and 2024 TSX Venture 50. High Tide was also ranked number one in the retail category on the Financial Times list of Americas' Fastest Growing Companies for 2023. To discover the full impact of High Tide, visit www.hightideinc.com. For ...
High Tide Executes Binding Subscription Agreements for $15 Million in Subordinated Debt
Prnewswire· 2024-06-13 10:00
Five-Year Debt Financing Provides More Fuel to Continue Growing While Remaining Free Cash Flow Positive "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. We have discussed publicly how we believe we are underleveraged, with our gross debt representing less than one times our 12-month trailing Adjusted EBITDA1, and could stand to benefit from obtaining more debt to continue fueling our rapid store ...
Wall Street Analysts Think High Tide (HITI) Is a Good Investment: Is It?
ZACKS· 2024-06-07 14:30
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 ...
High Tide Welcomes Alberta's Decision to Allow Private Label Cannabis Sales
Prnewswire· 2024-06-04 10:00
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 ...
High Tide to Open First Canna Cabana in Huntsville, Ontario
Prnewswire· 2024-06-03 10:00
High Tide, Inc. is the leading community-grown, retail-forward cannabis enterprise engineered to unleash the full value of the world's most powerful plant and is the second-largest cannabis retailer in North America by store count1. High Tide (HITI) is uniquely-built around the cannabis consumer, with wholly-diversified and fully-integrated operations across all components of cannabis, including: Bricks & Mortar Retail: Canna Cabana™ is the largest non-franchised cannabis retail chain in Canada, with 172 cu ...
High Tide Inc. (HITI) Flat As Market Sinks: What You Should Know
zacks.com· 2024-05-29 22:51
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 ...
High Tide to Present at the KCSA Cannabis Virtual Investor Conference June 5th
Newsfilter· 2024-05-29 12:35
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 ...
High Tide to Announce Second Fiscal Quarter 2024 Financial Results
prnewswire.com· 2024-05-28 10:00
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+ ...
High Tide (HITI) Is Considered a Good Investment by Brokers: Is That True?
zacks.com· 2024-05-22 14:31
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 ...
High Tide Inc. (HITI) Stock Falls Amid Market Uptick: What Investors Need to Know
zacks.com· 2024-05-20 22:51
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 ...