HITI

High Tide Inc

HITI.US hightideinc.com + Research + Basket
CIK 0001847409
ISIN CA42981E4013
CUSIP 42981E401
Employees 1,832
Phone 403-265-4207
Fiscal year end October
IPO Jan 28, 2019
Address 11127 ? 15 Street N.E., Calgary, AB, Canada, T3K 2M4
2.66
+0.00 (+0.00%)
USD · NASDAQ
52-week range
2.02
3.10
Trading at 59% of the 52-week range
Market Cap
237.12M
P/E Ratio
0.00
Forward P/E
25.13
Book Value
0.84
Div. Yield
N/A
% Institutions
8.84%
% Insiders
12.17%

1 Year

-14.2%

3 Year

+91.4%

10 Year

-47.0%
Description

High Tide Inc. engages in the cannabis retail business in Canada, the United States, and internationally. The company operates through Bricks and Mortar, E-commerce, and Medical Cannabis Distribution segments. It manufactures and distributes consumption accessories; cannabis; and hemp derived products. The company also engages in data analytics; advertising; product sourcing and imports; event-based cannabis retail; medical cannabis distribution; accessories retail; and other related services. It provides its products under the Daily High Club, DankStop, FAB CBD, GC, Nuleaf Naturals, Smoke Cartel, Blessed CBD, Fastendr, Famous Brandz, Queen of Bud, Canna Cabana, Grasscity, Daily High Club, and Valiant Distribution brands. The company sells its products through a network of retail stores, e-commerce platforms, and the wholesale distribution arm. 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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People

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Directors & Officers

Name Title Year Born
Mr. Harkirat Grover Founder, CEO, President & Executive Chairman 1982
Mr. Mayank Mahajan C.A., CPA, M.B.A. Chief Financial Officer 1987
Mr. Aman Sood Chief Operating Officer NA
Mr. Omar Yar Khan Chief Communications & Public Affairs Officer NA
Mr. Andreas-Alexander Palalas Chief Marketing Officer 1991
Ms. Joy Lisa Avzar Senior Vice President of Legal & Compliance NA
Ms. Sandy Sharma Vice President of Human Resources NA
Mr. Shimshon Posen J.D. Secretary & Treasurer NA
Krystal Dafoe Director of Corporate Governance NA
Mr. Carter Brownlee Communications & Public Affairs Advisor NA

Shareholders

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Institutional Holders

Holder Name Shares Date Reported % Out Value % Change
Tidal Investments LLC. 1.66M Jun 30, 2026 1.89% $0.01 -3.05%
AdvisorShares Investments, LLC 1.18M Jun 30, 2026 1.34% $0.33 -11.14%
Renaissance Technologies Corp 899.93K Jun 30, 2026 1.02% $0.00 -15.71%
Two Sigma Investments LLC 654.93K Jun 30, 2026 0.75% $0.00 19.68%
Federation des caisses Desjardins du Quebec 260.11K Jun 30, 2026 0.30% $0.00 1.17%
Baader Bank INC 250.00K Jun 30, 2026 0.28% $0.04 -1.53%
Millennium Management LLC 249.47K Jun 30, 2026 0.28% $0.00 -30.92%
Ewing Morris & Co Investment Partners Ltd 240.00K Jun 30, 2026 0.27% $0.29 0.00%
Point72 Asset Management, L.P. 196.96K Jun 30, 2026 0.22% $0.00 -18.80%
Jane Street Group LLC 109.71K Jun 30, 2026 0.12% $0.00 1.35%
JW Asset Management, LLC 96.64K Jun 30, 2026 0.11% $0.07 -5.39%
Qube Research & Technologies 86.39K Jun 30, 2026 0.10% $0.00 142.77%
HRT FINANCIAL LLC 80.40K Jun 30, 2026 0.09% $0.00 0.00%
Bank of America Corp 73.10K Jun 30, 2026 0.08% $0.00 -78.51%
Morgan Stanley - Brokerage Accounts 71.26K Jun 30, 2026 0.08% $0.00 -39.78%
Bank of Montreal 66.44K Jun 30, 2026 0.08% $0.00 -0.32%
BMO Capital Markets Corp. 66.44K Jun 30, 2026 0.08% $0.00 -0.32%
OLD MISSION CAPITAL LLC. 66.04K Jun 30, 2026 0.08% $0.00 0.00%
Walleye Trading Advisors, LLC 64.57K Jun 30, 2026 0.07% $0.00 -79.23%
SBI Securities Co Ltd 40.35K Jun 30, 2026 0.05% $0.00 11,428.57%

Fund Holdings

Rank Holder Name Shares Held % of Shares Change Date Reported
1 ETFMG Alternative Harvest ETF 1.62M 1.82% ▲ 3.56% Sep 30, 2026
2 AdvisorShares Pure Cannabis ETF 892.24K 1.00% ▲ 0.00% Sep 30, 2026
3 Global X Marijuana Life Sciences ETF 583.35K 0.65% ▼ 22.31% Sep 30, 2026
4 CANSOUL Fonds Hanf Aktien Global EUR C 250.00K 0.28% ▲ 0.00% Aug 31, 2026
5 Palos Income Fund LP 157.00K 0.18% ▲ 0.00% Sep 30, 2026
6 State Street® SPDR® S&P® Intl Sm Cp ETF 51.80K 0.06% ▲ 0.00% Sep 30, 2026
7 Palos Equity Income Series A 50.00K 0.06% ▲ 0.00% Sep 30, 2026

Financial Highlights

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Market Cap: $237.12M
EBITDA: $35.19M
Book Value: $0.84
Earnings/Share: $-0.31
Profit Margin: -4.63%
Operating Margin: 5.32%
ROA (TTM): 5.74%
ROE (TTM): -26.04%
Revenue (TTM): $720.47M
Revenue/Share (TTM): $8.26
Earnings Growth (YOY): 1,531.80%
Revenue Growth (YOY): 32.80%

Valuation Metrics

Enterprise Value: $321.23M
Trailing P/E: 0.00
Forward P/E: 25.13

Shares Statistics

Shares Outstanding: 89.14M
Shares Float: 78.03M
% Insiders: 12.17%
% Institutions: 8.84%
Shares Short: 880.19K
Shares Short (Prior Month): 738.00K
Short Ratio: 1.17
Short % Float: 0.67%

Stock Price History

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1 Year Price History

3 Years Price History

10 Years Price History

Max Price History

Financial Charts

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Open balance sheet Open capital intensity Download Financials (Excel)

Revenue, Net Income & Operating Cash Flow (Yearly)

Change % vs Prior Year

Revenue, Net Income & Operating Cash Flow (Quarterly)

Change % vs Prior Quarter

Operating Expenses (Yearly)

Operating Expenses (Quarterly)

Balance Sheet (Yearly)

Balance Sheet (Quarterly)

Assets Breakdown (Yearly)

Assets Breakdown (Quarterly)

Liabilities Breakdown (Yearly)

Liabilities Breakdown (Quarterly)

Income Statement Waterfall

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Open full waterfall Open balance sheet
Line Item
Step Type
Value
Revenue
adjust
$593.99M
Cost of Goods Sold
adjust
$-440.46M
Gross Profit
subtotal
$153.53M
SG&A
adjust
$-110.60M
Other Operating Expense
adjust
$-57.38M
Operating Income
subtotal
$-14.45M
Other / Non-Operating Items
adjust
$-36.30M
Net Income
subtotal
$-50.75M

Earnings Per Share (EPS) History

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Financial Ratios

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📦 Raw API Data (JSON Explorer)

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