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Upturn AI SWOT - About
High Tide Inc (HITI)

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Upturn Advisory Summary
10/31/2025: HITI (1-star) is currently NOT-A-BUY. Pass it for now.
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 | Stock Returns Performance |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 272.88M USD | Price to earnings Ratio - | 1Y Target Price 6 |
Price to earnings Ratio - | 1Y Target Price 6 | ||
Volume (30-day avg) 5 | Beta 0.95 | 52 Weeks Range 1.64 - 4.06 | Updated Date 11/1/2025 |
52 Weeks Range 1.64 - 4.06 | Updated Date 11/1/2025 | ||
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 29.5 | Enterprise Value 326774737 | Price to Sales(TTM) 0.48 |
Enterprise Value 326774737 | Price to Sales(TTM) 0.48 | ||
Enterprise Value to Revenue 0.8 | Enterprise Value to EBITDA 16.4 | Shares Outstanding 87111205 | Shares Floating 76291993 |
Shares Outstanding 87111205 | Shares Floating 76291993 | ||
Percent Insiders 12.12 | Percent Institutions 6.9 |
Upturn AI SWOT
High Tide Inc
Company Overview
History and Background
High Tide Inc. was founded in 2009 and has grown to become a leading retail-focused cannabis company, with a strong presence in Canada and expanding into the US market. It has focused on building a diversified portfolio through organic growth and strategic acquisitions.
Core Business Areas
- Cannabis Retail: Operates a chain of retail cannabis stores under various banners, providing a wide range of cannabis products to consumers. Also includes the sale of ancillary cannabis products and accessories.
- Wholesale Distribution: Manufactures and distributes cannabis accessories and other products to retailers and consumers through its wholesale division.
- E-commerce: Operates online platforms selling cannabis accessories and related products directly to consumers.
Leadership and Structure
Raj Grover is the CEO and President. The company operates with a typical corporate structure, including departments for retail operations, wholesale distribution, finance, marketing, and legal compliance.
Top Products and Market Share
Key Offerings
- Cannabis Flower: Offers a variety of cannabis flower strains. Market share data is highly variable and dependent on specific regions. Competitors include other licensed producers and retailers such as Canopy Growth (CGC), Aurora Cannabis (ACB), and Curaleaf (CURLF).
- Cannabis Accessories: Sells a wide range of accessories, including pipes, vaporizers, and rolling papers through its stores and online platforms. High Tide is a strong player in this space. Key competitors are companies like Greenlane Holdings (GNLN).
- Cannabis Edibles and Concentrates: Offerings in edibles and concentrates vary by location due to differing regulations. Competitors are regional and national cannabis companies.
Market Dynamics
Industry Overview
The cannabis industry is rapidly growing, driven by increasing legalization and consumer acceptance. It's characterized by intense competition, evolving regulations, and emerging market opportunities.
Positioning
High Tide is positioned as a value-driven cannabis retailer, wholesaler, and e-commerce company, focusing on offering a wide selection of products at competitive prices. Its retail focus and acquisition strategy gives it a competitive edge.
Total Addressable Market (TAM)
The global cannabis market is projected to reach hundreds of billions USD in the next decade. High Tide is positioned to capture a significant share of this TAM through its retail and wholesale operations.
Upturn SWOT Analysis
Strengths
- Strong retail presence
- Diversified revenue streams
- Strategic acquisitions
- Value-driven approach
- Strong e-commerce platform
Weaknesses
- High reliance on regulatory environment
- Intense competition
- Brand awareness relative to larger competitors
- Profitability concerns
Opportunities
- Further legalization in North America
- Expansion into new markets
- Increased product offerings
- Strategic partnerships
- Growth in e-commerce
Threats
- Changing regulations
- Increased competition
- Economic downturns
- Supply chain disruptions
- Illicit market competition
Competitors and Market Share
Key Competitors
- CGC
- ACB
- TLRY
- CRON
- CURLF
Competitive Landscape
High Tide benefits from its retail focus and strong e-commerce presence but faces stiff competition from larger, more established cannabis companies with greater financial resources.
Major Acquisitions
Smoker's Corner
- Year: 2021
- Acquisition Price (USD millions): 4
- Strategic Rationale: Expansion of retail footprint in Ontario, Canada.
Growth Trajectory and Initiatives
Historical Growth: High Tide Inc. has shown significant revenue growth over the past several years, driven by retail expansion and acquisitions.
Future Projections: Future projections are dependent on market conditions and regulatory developments. Analysts generally expect continued growth in revenue and profitability, but numbers depend on specific analysis which is subject to change.
Recent Initiatives: Recent initiatives include the expansion of its retail footprint, strategic acquisitions, and investments in e-commerce platforms.
Summary
High Tide Inc. is a growing cannabis retailer with a strong focus on value and strategic acquisitions. The company's retail presence and e-commerce capabilities position it well, but it needs to manage regulatory risks and competition effectively. Profitability and brand recognition remain key areas for improvement. Overall, High Tide is pursuing a high-growth strategy in a rapidly evolving market.
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Sources and Disclaimers
Data Sources:
- Company website
- Public filings
- Industry reports
- Analyst estimates
Disclaimers:
This analysis is based on publicly available information and is for informational purposes only. It 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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