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Upturn AI SWOT - About
High Tide Inc (HITI)
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Upturn Advisory Summary
07/02/2025: 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 $5
1 Year Target Price $5
| 4 | Strong Buy |
| 1 | Buy |
| 0 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit 6.03% | Avg. Invested days 34 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  3.0 | Stock Returns Performance  2.0 |
| Profits based on simulation | Last Close 07/02/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 187.00M USD | Price to earnings Ratio - | 1Y Target Price 5 |
Price to earnings Ratio - | 1Y Target Price 5 | ||
Volume (30-day avg) 5 | Beta 0.67 | 52 Weeks Range 1.56 - 3.62 | Updated Date 07/2/2025 |
52 Weeks Range 1.56 - 3.62 | Updated Date 07/2/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) -0.09 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date 2025-06-11 | When After Market | Estimate -0.01 | Actual -0.0295 |
Profitability
Profit Margin -1.76% | Operating Margin (TTM) 1.73% |
Management Effectiveness
Return on Assets (TTM) 3.27% | Return on Equity (TTM) -6.69% |
Valuation
Trailing PE - | Forward PE 52.36 | Enterprise Value 206730815 | Price to Sales(TTM) 0.34 |
Enterprise Value 206730815 | Price to Sales(TTM) 0.34 | ||
Enterprise Value to Revenue 0.51 | Enterprise Value to EBITDA 10.2 | Shares Outstanding 81036304 | Shares Floating 69320909 |
Shares Outstanding 81036304 | Shares Floating 69320909 | ||
Percent Insiders 14.08 | Percent Institutions 7.97 |
Analyst Ratings
Rating 2 | Target Price 5 | Buy 1 | Strong Buy 4 |
Buy 1 | Strong Buy 4 | ||
Hold - | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
High Tide Inc
Company Overview
History and Background
High Tide Inc. was founded in 2009 and has grown through organic expansion and strategic acquisitions to become a leading retail-focused cannabis company.
Core Business Areas
- Retail Cannabis: Operation of retail cannabis stores across Canada, selling cannabis products and accessories to consumers. This is the company's primary revenue driver.
- Wholesale Distribution: Manufacturing and distribution of cannabis accessories and consumption devices through Valiant Distribution and subsidiary brands.
- E-commerce: Online retail sales of cannabis accessories and lifestyle products through platforms such as Grasscity.com, Smoke Cartel, Daily High Club, and DankStop.
Leadership and Structure
Raj Grover serves as the President and CEO. The company has a board of directors and a management team responsible for overseeing different aspects of the business.
Top Products and Market Share
Key Offerings
- Cannabis Products: A wide range of cannabis flowers, edibles, concentrates, and extracts sold in retail stores. Market share varies by province in Canada, and this segment faces competition from other licensed cannabis retailers and the illicit market.
- Cannabis Accessories: Bongs, pipes, vaporizers, and other accessories sold through retail and e-commerce platforms. High Tide holds a significant share of the online accessories market through its e-commerce platforms. Competitors include other online retailers and traditional head shops.
- Consumption Devices: High Tide manufactures and distributes consumption devices. Competitors include companies that manufacture vaporizers, and bongs.
Market Dynamics
Industry Overview
The cannabis industry is experiencing rapid growth, driven by increasing legalization and changing consumer attitudes. However, the industry is also subject to evolving regulations and intense competition.
Positioning
High Tide is positioned as a leading retail-focused cannabis company with a diversified business model. Its competitive advantages include its large retail footprint, strong e-commerce presence, and vertical integration.
Total Addressable Market (TAM)
The global legal cannabis market is estimated to reach hundreds of billions of dollars. High Tide is positioned to capture a portion of this market through its retail, wholesale, and e-commerce operations. However, specific estimates for High Tide's addressable market would require further analysis of geographic and product-specific segments.
Upturn SWOT Analysis
Strengths
- Large retail footprint
- Strong e-commerce presence
- Vertical integration
- Diversified business model
- Experienced management team
Weaknesses
- Reliance on the Canadian cannabis market
- Intense competition
- Regulatory uncertainty
- Profitability challenges
- Negative cash flow
Opportunities
- Expansion into new markets
- Acquisitions of complementary businesses
- Development of new products and services
- Increased cannabis legalization
- Growth of the cannabis industry
Threats
- Increased competition
- Regulatory changes
- Economic downturn
- Fluctuations in cannabis prices
- Illicit market competition
Competitors and Market Share
Key Competitors
- CGC
- TLRY
- CRON
- ACB
Competitive Landscape
High Tide's advantages include its focus on the retail market and its diversified business model. Disadvantages include intense competition and regulatory uncertainty.
Major Acquisitions
Valiant Distribution
- Year: 2021
- Acquisition Price (USD millions): 15
- Strategic Rationale: Expanded High Tide's wholesale distribution capabilities.
Smoke Cartel
- Year: 2021
- Acquisition Price (USD millions): 8
- Strategic Rationale: Strengthened High Tide's e-commerce presence in the US market.
Growth Trajectory and Initiatives
Historical Growth: High Tide has grown through acquisitions and organic expansion, increasing its retail footprint and e-commerce presence.
Future Projections: Analyst estimates for future growth are based on factors such as market expansion, regulatory changes, and product innovation.
Recent Initiatives: Recent initiatives include acquisitions of other cannabis retailers, expansion of its e-commerce platforms, and development of new cannabis products.
Summary
High Tide Inc. demonstrates strong retail and e-commerce capabilities within the growing cannabis sector, amplified by strategic acquisitions. Profitability and regulatory hurdles remain key challenges. Expansion and product diversification present significant opportunities. Competitors and market fluctuations require vigilant management of resources and proactive strategic adjustments.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company press releases
- Financial reports
- Industry analysis reports
Disclaimers:
This analysis is for informational purposes only and does not constitute financial advice. The data provided is based on available information and may not be entirely accurate or complete. Market conditions are subject to change.
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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