High Tide Inc.

HITI

CA42981E4013

Drug Retailers

Market Closed - Toronto S.E. Other stock markets 03:59:46 2024-04-24 pm EDT			5-day change	1st Jan Change
2.78 ^CAD	-4.47%		-9.74%	+30.52%

Apr. 23	High Tide Up Almost 5% in US Premarket After Reporting Big Jump in Saturday Revenue	MT
Apr. 23	High Tide Brief: Reporting Near $2 Million in Retail Sales on '4/20'	MT

High Tide acquires 9 cannabis stores from Choom

July 08, 2022 at 08:16 am EDT

High Tide Inc., a Calgary, Canada based retail cannabis company with bricks-and-mortar, e-commerce, kiosk and smart locker technology, has entered the British Columbia market by acquiring nine stores from Choom Holdings Inc. and its subsidiaries for CAD $5.1 million ($3.93 million), according to a press release.

The acquired stores include two in British Columbia, six in Alberta and one in Ontario.

High Tide's portfolio also includes Fastendr retail kiosk and smart locker technology.

Latest news about High Tide Inc.

High Tide Up Almost 5% in US Premarket After Reporting Big Jump in Saturday Revenue	Apr. 23	MT
High Tide Brief: Reporting Near $2 Million in Retail Sales on '4/20'	Apr. 23	MT
High Tide CFO to Step Down, Replacement to Begin on May 1	Apr. 12	MT
High Tide Brief: Adds "New candidate's name and biographical information" will be provided subsequently	Apr. 12	MT
High Tide Brief: Co Says It and Sergio Patino have agreed to transition the CFO role to a new candidate, who has already accepted the position, effective May 1, 2024	Apr. 12	MT
High Tide Brief: Announcing Transition of Chief Financial Officer	Apr. 12	MT
High Tide Inc. Announces Transition of Chief Financial Officer	Apr. 12	CI
High Tide Up 6.5% In US Premarket; To Open 5th Canna Cabana Store in Mississauga, Ontario	Apr. 04	MT
High Tide Brief: Says To Open Fifth Canna Cabana Store in Mississauga, Ontario	Apr. 04	MT
High Tide Inc. to Open Fifth Canna Cabana Store in Mississauga, Ontario	Apr. 04	CI
High Tide, Aurora Cannabis Mixed In US Premarket Trade As Both Note Start of German Cannabis Legalization	Apr. 01	MT
High Tide Inc. to Enter into German Market	Apr. 01	CI
High Tide Brief: Notes Start of German Cannabis Legalization; Says "Well Positioned" to Enter German Market Once Regional Pilot Programs Commence	Apr. 01	MT
High Tide Brief: Says Closed Acquisition of Premium Canadian Cannabis Brand, Queen of Bud	Mar. 28	MT
High Tide Brief: Says To Open Fourth Canna Cabana in Mississauga, Ontario	Mar. 26	MT
High Tide Inc. to Open Fourth Canna Cabana in Mississauga, Ontario	Mar. 26	CI
High Tide Brief: Says To Open Third Canna Cabana in Mississauga, Ontario; Adds Will mark Its 166th Canna Cabana branded retail cannabis location in Canada	Mar. 21	MT
High Tide Inc to Open Third Canna Cabana in Mississauga, Ontario	Mar. 21	CI
High Tide Seeks M&A	Mar. 18	CI
Transcript : High Tide Inc., Q1 2024 Earnings Call, Mar 18, 2024	Mar. 18
High Tide Edges Down After Hours as the Cannabis Retailer Nearly Breaks Even in its Fiscal First Quarter	Mar. 15	MT
High Tide Brief: Q1 Loss per share Basic and Diluted (0.00)	Mar. 15	MT
High Tide Brief: Q1 Results Include Revenue of $128.1 Million, Adjusted EBITDA of $10.4 Million, and $3.6 Million of Free Cash Flow	Mar. 15	MT
High Tide Inc. Reports Earnings Results for the First Quarter Ended January 31, 2024	Mar. 15	CI
High Tide Buying Premium Canadian Cannabis Brand; Up 8.4%	Mar. 15	MT

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Company Profile

High Tide Inc. is a retail-focused cannabis company. Its segments include Bricks-and-mortar and E-commerce. Bricks-and-mortar operations includes the Canadian bricks-and-mortar locations, inclusive of the Canadian warehouse which supports the distribution of accessories and other items to the Canadian stores. Its E-commerce operations include the Companyâs United States and international subsidiaries, inclusive of the United States warehouse which supports the distribution of accessories and other items to the United Sates and international subsidiaries. Bricks-and-mortar sales are conducted under the Companyâs Canna Cabana brand, CBD product sales are conducted online under the FABCBD, Blessed CBD and NuLeaf brands, and online sales through e-commerce platforms are conducted under the Companyâs Grasscity, Smoke Cartel, Daily High Club and Dankstop brands. Its brand Queen of Bud sells products across Canada both direct to consumers and through third-party licensed cannabis stores.

Sector

Drug Retailers

Calendar

2024-06-11 - Q2 2024 Earnings Release (Projected)

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Ratings for High Tide Inc.

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Investor Rating

ESG Refinitiv

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

2.91 CAD

Average target price

5.95 CAD

Spread / Average Target

+104.47%

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Sector Cannabis Product Retailers

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CANTOURAGE GROUP SE	+15.60%	108M
MARIMED INC.	-5.93%	97.22M
NOVA CANNABIS INC.	+58.43%	59.55M

Cannabis Product Retailers

High Tide Inc.

Equities

HITI

CA42981E4013

Drug Retailers

High Tide acquires 9 cannabis stores from Choom

EPS Revisions