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Upturn AI SWOT - About
High Tide Inc (HITI)
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Upturn Advisory Summary
12/01/2025: HITI (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Number of Analysts
5 Analysts rated it
Limited analyst coverage, niche firm, research info may be scarce.
1 Year Target Price $6
1 Year Target Price $6
| 4 | Strong Buy |
| 1 | Buy |
| 0 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit 3.68% | Avg. Invested days 33 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  3.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 12/01/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 227.36M USD | Price to earnings Ratio - | 1Y Target Price 6 |
Price to earnings Ratio - | 1Y Target Price 6 | ||
Volume (30-day avg) 5 | Beta 1.07 | 52 Weeks Range 1.64 - 4.06 | Updated Date 12/1/2025 |
52 Weeks Range 1.64 - 4.06 | Updated Date 12/1/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) -0.08 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin -1.72% | Operating Margin (TTM) 3.6% |
Management Effectiveness
Return on Assets (TTM) 3.28% | Return on Equity (TTM) -6.52% |
Valuation
Trailing PE - | Forward PE 21.55 | Enterprise Value 237194828 | Price to Sales(TTM) 0.4 |
Enterprise Value 237194828 | Price to Sales(TTM) 0.4 | ||
Enterprise Value to Revenue 0.59 | Enterprise Value to EBITDA 11.98 | Shares Outstanding 87111205 | Shares Floating 76291993 |
Shares Outstanding 87111205 | Shares Floating 76291993 | ||
Percent Insiders 12.12 | Percent Institutions 13.7 |
Upturn AI SWOT
High Tide Inc
Company Overview
History and Background
High Tide Inc. was founded in 2009 and is a leading retail-focused cannabis company with bricks and mortar as well as global e-commerce assets. Initially focused on the manufacturing and wholesale distribution of smoking accessories, High Tide has evolved into a vertically integrated cannabis company with a strong retail presence.
Core Business Areas
- Retail Cannabis Stores: Operates a chain of retail cannabis stores under the Canna Cabana, META Cannabis Co., and High Tide brands. These stores offer a wide range of cannabis products, including flower, edibles, concentrates, and accessories.
- E-commerce: Operates several e-commerce platforms, including Grasscity.com and Smoke Cartel, specializing in cannabis accessories and lifestyle products.
- Manufacturing and Distribution: Engages in the manufacturing and distribution of cannabis accessories and consumption devices through its subsidiary, Valiant Distribution.
Leadership and Structure
Raj Grover is the CEO and President of High Tide Inc. The company has a board of directors that oversees strategic direction and corporate governance.
Top Products and Market Share
Key Offerings
- Cannabis Flower: A core product offering across its retail stores. Competitors include other licensed cannabis retailers such as Curaleaf (CURLF), Trulieve (TCNNF), and Green Thumb Industries (GTBIF).
- Cannabis Accessories (Bongs, Pipes, etc.): Sold both in retail stores and through e-commerce platforms. Market share data for accessories is fragmented. Competitors include other online retailers like Amazon, and specialized smoke shop suppliers.
- Edibles and Concentrates: Offered in retail stores, these products cater to different consumption preferences. Competitors include the same retailers listed above.
Market Dynamics
Industry Overview
The cannabis industry is rapidly growing, driven by increasing legalization and acceptance of cannabis for medical and recreational use. The US market is characterized by a complex regulatory landscape with varying state laws.
Positioning
High Tide is positioned as a retail-focused cannabis company with a diversified revenue stream through its retail stores and e-commerce platforms. It has a competitive advantage through its established brand recognition and vertically integrated operations.
Total Addressable Market (TAM)
The global legal cannabis market is expected to reach hundreds of billions of dollars in the coming years. High Tide is positioned to capture a portion of this market through its retail and e-commerce operations. It is estimated that the global TAM could be around $400 Billion by 2030.
Upturn SWOT Analysis
Strengths
- Established retail presence with multiple store locations.
- Diversified revenue streams through retail and e-commerce.
- Vertically integrated operations.
- Strong brand recognition.
Weaknesses
- Exposure to regulatory risks associated with the cannabis industry.
- Limited geographic reach compared to larger competitors.
- Profitability challenges in a competitive market.
Opportunities
- Expansion into new markets through strategic acquisitions or organic growth.
- Increasing legalization of cannabis in new jurisdictions.
- Growth of the e-commerce channel for cannabis products.
- Development of new cannabis-infused products.
Threats
- Intense competition from other cannabis retailers and e-commerce platforms.
- Changing consumer preferences and trends.
- Potential for increased regulation and taxation.
- Economic downturns affecting consumer spending.
Competitors and Market Share
Key Competitors
- CURLF
- TCNNF
- GTBIF
Competitive Landscape
High Tide faces intense competition from other cannabis retailers, both online and in physical stores. The company's competitive advantages include its vertically integrated operations and strong brand recognition. It needs to focus on differentiation to stand out.
Major Acquisitions
Smoke Cartel
- Year: 2021
- Acquisition Price (USD millions): 8
- Strategic Rationale: Expanded High Tide's e-commerce presence and product offerings.
Growth Trajectory and Initiatives
Historical Growth: High Tide has experienced significant growth in revenue through acquisitions and expansion of its retail footprint.
Future Projections: Future growth is projected to be driven by continued expansion of its retail network, increased e-commerce sales, and potential acquisitions.
Recent Initiatives: Recent initiatives include strategic acquisitions of smaller cannabis retailers and e-commerce platforms, and expansion into new geographic markets.
Summary
High Tide Inc. is a retail-focused cannabis company with a diversified business model. Its strengths include its established retail presence, vertically integrated operations, and growing e-commerce platforms. Potential weaknesses include regulatory hurdles and competition. Growth is expected from continued market expansion and strategic acquisitions.
Similar Stocks
Sources and Disclaimers
Data Sources:
- Company reports and filings
- Industry news sources
- Financial analysis websites
Disclaimers:
This analysis is for informational purposes only and does not constitute financial advice. Market conditions and company performance can change rapidly.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About High Tide Inc
Exchange NASDAQ | Headquaters Calgary, AB, Canada | ||
IPO Launch date 2019-01-28 | Founder, CEO, President & Executive Chairman Mr. Harkirat Grover | ||
Sector Healthcare | Industry Pharmaceutical Retailers | Full time employees 1750 | Website https://www.hightideinc.com |
Full time employees 1750 | Website https://www.hightideinc.com | ||
High Tide Inc. engages in the cannabis retail business in Canada. It operates through Bricks and Mortar Operations; and E-commerce Operations segments. The company operates retail cannabis stores; and provides data analytics services. In addition, it manufactures and distributes consumption accessories. Further, the company sells its products through a network of retail stores, e-commerce platforms, and the wholesale distribution arm. It offers its products under the Daily High Club, DankStop, FABCBD, GC, Nuleaf, Smoke Cartel, Blessed CBD, Fastendr, Famous Brandz, Queen of Bud, Canna Cabana, Grasscity, Daily High Club, Valiant Distribution, and Evolution brands. The company was formerly known as High Tide Ventures Inc. and changed its name to High Tide Inc. in October 2018. The company was founded in 2009 and is headquartered in Calgary, Canada.
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