High Tide Reports $6.8 Million Sales During 4/20 Weekend

An announcement from High Tide ( (TSE:HITI) ) is now available.

High Tide Inc. reported approximately $6.8 million in retail sales during the ‘4/20’ long weekend from April 17 to April 20, 2025, marking a 10% increase from the previous week. The company also completed its annual 4/20 giveaway, awarding a $100,000 cash prize to a winner from Winnipeg, Manitoba, as part of its customer loyalty program. Additionally, High Tide granted 136,000 incentive stock options to employees, consultants, and management, reflecting its commitment to rewarding and engaging its workforce. These developments underscore High Tide’s strong market positioning and its focus on customer engagement and employee incentives.

Spark’s Take on TSE:HITI Stock

According to Spark, TipRanks’ AI Analyst, TSE:HITI is a Neutral.

High Tide shows strong revenue growth and strategic expansion, but faces significant profitability challenges. Technical indicators suggest cautious optimism with potential overbought conditions. Valuation metrics highlight profitability issues, while earnings call and corporate events indicate positive long-term prospects amid current financial hurdles.

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. It is the second-largest cannabis retailer globally by store count, with operations spanning bricks-and-mortar retail, retail innovation, consumption accessories, brands, CBD products, wholesale distribution, and licensing. The company operates the largest cannabis retail chain in Canada, Canna Cabana, and has been recognized for its rapid growth and innovation in the cannabis industry.

YTD Price Performance: -28.31%

Average Trading Volume: 638,224

Technical Sentiment Signal: Buy

Current Market Cap: $191.8M

Find detailed analytics on HITI stock on TipRanks’ Stock Analysis page.