High Tide: Why The Market Is Wrong After Q4
Core Insights - High Tide Inc. (HITI) reported record fiscal Q4 results for the August-October period, driven by the success of its primary Canadian cannabis retail business, leading to record revenue and EBITDA for the quarter [1] Financial Performance - The company's cannabis retail business in Canada continues to thrive, contributing significantly to the record financial results [1] Investment Philosophy - The investment philosophy focuses on identifying mispriced securities by understanding the drivers behind a company's financials, often revealed through a DCF model valuation, allowing for a comprehensive assessment of a stock's prospects [1]