High Tide Reports Strong Q2 2025 Results and Eyes German Market Expansion

High Tide ( (TSE:HITI) ) has provided an announcement.

High Tide Inc. reported strong financial results for the second fiscal quarter of 2025, generating $4.9 million in free cash flow and achieving a 6.2% year-over-year increase in daily same-store sales across its Canna Cabana network. The company is in exclusive discussions with a leading German medical cannabis importer and wholesaler, marking a strategic move towards entering the German market. High Tide’s Cabana Club membership has grown to 1.9 million members, with its ELITE memberships surpassing 97,000. The company continues to expand its product offerings and maintains its position as the highest revenue-generating cannabis company reporting in Canadian dollars. This growth and strategic expansion into the German market highlight High Tide’s strengthening position in the global cannabis industry.

The most recent analyst rating on (TSE:HITI) stock is a Buy 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 score reflects strong revenue growth and strategic expansion efforts, offset by challenges in profitability and valuation concerns. The company’s proactive approach in corporate governance and expansion highlights a committed growth strategy, though market conditions and financial metrics suggest caution for potential investors.

To see Spark’s full report on TSE:HITI stock, click here.

More about High Tide

High Tide Inc. is a prominent player in the cannabis industry, primarily focused on retail operations. It operates 200 Canna Cabana locations across Canada, making it the largest cannabis retail brand in the country. The company is known for its loyalty-focused retail model and has a significant market presence with a 12% share in the cannabis retail market across five Canadian provinces.

YTD Price Performance: -35.15%

Average Trading Volume: 50,902

Technical Sentiment Signal: Sell

Current Market Cap: C$250.9M

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