High Tide (HITID) Stock Price, News & Analysis

Company Overview

High Tide Inc (OTCMKTS:HITID) is a Canada-based vertically integrated specialty retailer and distributor of cannabis and smoking accessories. The company operates a network of retail cannabis dispensaries under the Canna Cabana and Bud Bar brands, alongside smoke shops branded as Smoker’s Corner. Through its wholesale distribution arm, High Tide supplies a broad portfolio of glassware, vaporizers, and other lifestyle products to retailers across Canada and the United States. In addition, the company markets its offerings directly to consumers via its e-commerce platform.

High Tide’s product range spans finishing grinders, smoking devices, rolling papers, and branded accessories for both medicinal and recreational cannabis consumers. The company has bolstered its manufacturing and logistics capabilities through acquisitions such as Escapeware and WholesaleLogic, enabling in-house production of glass vaporizers and streamlined order fulfillment. Proprietary brands, including Ryot and Black Tie Leather, further diversify its portfolio and provide exclusive offerings across its retail footprint.

Established in 2018 and headquartered in Calgary, Alberta, High Tide has expanded its retail presence to more than 160 locations in key Canadian provinces such as Ontario, Alberta, Saskatchewan, and New Brunswick. This network is complemented by strategic distribution partnerships in select U.S. markets. The company leverages regional insights to cater to evolving consumer preferences while maintaining compliance with provincial and federal cannabis regulations.

Leadership at High Tide is headed by Founder and Chief Executive Officer Raj Grover, whose background spans finance and cannabis retail operations. Under his guidance, the company has grown from a single retail outlet to a publicly traded entity listed on the TSX Venture Exchange, the Canadian Securities Exchange, and U.S. OTC markets. High Tide continues to pursue growth through targeted acquisitions, retail expansion, and digital innovation to capitalize on opportunities in the global cannabis accessories market.

Key Stats

• Today's Range: $3.71 to $4.06
• 50-Day Range: $2.15 to $3.71
• 52-Week Range: $1.47 to $13.29
• Volume: 1.20 million shs
• Average Volume: 386,249 shs
• Market Capitalization: N/A
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

HITID Stock Analysis - Frequently Asked Questions

How have HITID shares performed this year?

High Tide's stock was trading at $3.09 on January 1st, 2025. Since then, HITID shares have increased by 22.7% and is now trading at $3.79.

How do I buy shares of High Tide?

Shares of HITID stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Industry, Sector and Symbol

• Stock Exchange: OTCMKTS
• Sector: Medical
• Industry: Pharmaceutical Retailers
• Sub-Industry: N/A
• Current Symbol: OTCMKTS:HITID
• CIK: N/A
• Web: www.hightideinc.com
• Phone: 403 703 4272
• Fax: N/A
• Employees: N/A
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: N/A
• Free Float: N/A
• Market Cap: N/A
• Optionable: Not Optionable
• Beta: N/A