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An update from High Tide ( (TSE:HITI) ) is now available.
High Tide Inc. announced the opening of two new Canna Cabana locations in Saskatoon, Saskatchewan, and Lasalle, Ontario, on August 18 and August 25, 2025, respectively. These openings increase the company’s total store count to 205 across Canada, enhancing its market presence and accessibility of cannabis products. The Saskatoon location benefits from high visibility and minimal competition, while the Lasalle store is strategically positioned in a new retail hub, serving a significant local population. This expansion aligns with High Tide’s mission to make cannabis more accessible and affordable, and positions the company for further growth opportunities in Canada and internationally.
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 overall stock score is driven by strong financial performance and positive earnings call sentiment, highlighting growth in retail expansion and market share. However, the technical indicators suggest the stock may be overbought, and the negative P/E ratio reflects ongoing profitability challenges.
To see Spark’s full report on TSE:HITI stock, click here.
More about High Tide
High Tide Inc. is a leading community-grown, retail-forward cannabis enterprise focused on delivering value across all components of cannabis. It operates the largest cannabis retail chain in Canada, Canna Cabana, and is known for its innovative retail solutions and diverse product offerings, including consumption accessories and CBD products. High Tide has been recognized for its rapid growth and industry leadership, with a presence in multiple countries and a strong focus on expanding its market reach.
Average Trading Volume: 47,789
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$333.1M
See more data about HITI stock on TipRanks’ Stock Analysis page.