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High Tide ( (TSE:HITI) ) has issued an announcement.
High Tide Inc. marked 2025 as a transformational year, evolving from a domestic market leader into a global cannabis retailer while maintaining positive free cash flow and scaling its Canna Cabana footprint to 218 stores. The company entered the German medical cannabis market via a majority stake in Remexian Pharma, becoming one of that country’s largest importers and distributors of medical cannabis, and reported an annualized revenue run rate of $600 million and adjusted EBITDA run rate above $42 million, driven by robust same-store sales growth and strong sales per square foot. With more than 2.4 million Cabana Club members, including 139,000 ELITE members, and a 12% retail market share across the five Canadian provinces where it operates, High Tide reinforced its leadership in cannabis retail while expanding its white-label Queen of Bud product portfolio and earning repeated recognition on national growth and exchange rankings, underscoring its strengthening operational and financial position ahead of further international and potential U.S. expansion.
The most recent analyst rating on (TSE:HITI) stock is a Hold with a C$4.50 price target. To see the full list of analyst forecasts on High Tide stock, see the TSE:HITI Stock Forecast page.
Spark’s Take on TSE:HITI Stock
According to Spark, TipRanks’ AI Analyst, TSE:HITI is a Neutral.
High Tide’s stock score is primarily influenced by its strong financial performance, particularly in revenue growth and cash flow generation. However, the bearish technical indicators and negative valuation metrics significantly weigh down the overall score. The lack of earnings call data and corporate events further limits the assessment.
To see Spark’s full report on TSE:HITI stock, click here.
More about High Tide
High Tide Inc. is a Calgary-based, retail-focused cannabis enterprise with fully integrated operations spanning cannabis retail, distribution and accessories. Through its wholly owned subsidiary Canna Cabana, the company operates the largest cannabis retail chain in Canada with 218 stores across British Columbia, Alberta, Saskatchewan, Manitoba and Ontario, holding a 12% market share in those provinces and leveraging one of the industry’s largest cannabis loyalty programs. High Tide is increasingly positioning itself as a global player, with Canna Cabana recognized as one of the world’s largest cannabis retail brands and the company expanding into international medical cannabis markets.
Average Trading Volume: 109,008
Technical Sentiment Signal: Buy
Current Market Cap: C$334.5M
Learn more about HITI stock on TipRanks’ Stock Analysis page.