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The latest update is out from High Tide ( (TSE:HITI) ).
On August 12, 2025, High Tide Inc. announced a material change by entering into an agreement with an IR Agency to provide investor relations services. This agreement, effective from August 14, 2025, aims to improve communication with shareholders and the financial community through various activities, including media distribution and digital community building. The IR Agency, based in Newark, New Jersey, will receive a fee of USD $140,000 for its services, which aligns with TSX Venture Exchange policies. This strategic move is expected to strengthen High Tide’s industry positioning and enhance its engagement with stakeholders.
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. operates in the cannabis industry, offering a range of products and services related to cannabis retail and distribution. The company focuses on expanding its market presence and enhancing its communication with stakeholders and the investment community.
Average Trading Volume: 48,037
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$344.4M
For an in-depth examination of HITI stock, go to TipRanks’ Overview page.