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High Tide Reports $34.5M Cash Position, Sells 1,400 Shares In Q2, Expands Cannabis Footprint
Thursday, June 13, 2024 - 11:35pm | 670High Tide Inc. (NASDAQ: HITI) indicators, particularly the sustained positive free cash flow and improvement in net income, suggest a financial recovery and enhanced investment appeal, signaling potential value for investors. High Tide reported $9.4 million in free cash flow for the second fiscal...
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High Tide Charts Course For Stability In Cannabis Market
Thursday, March 7, 2024 - 10:00am | 570In an industry as fluctuating as cannabis, High Tide Inc. (NYSE:HITI) has managed to carve out a path of steady growth and financial improvement. This is largely due to the analytical understanding of Vahan Ajamian, the company’s capital markets advisor. Ajamian, who has over a dozen years...
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EXCLUSIVE: ATB Capital Markets Signals 2024 Hidden Gems In Canadian Cannabis
Wednesday, December 13, 2023 - 6:22pm | 776Deep-Value Opportunities in Overlooked Small-Caps “We see certain Canadian cannabis small-cap stocks as deep-value opportunities. This is because the sector has been neglected by the market, and too much focus has been put on large names like Canopy Growth Corp (NASDAQ: CGC) or Tilray...
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'The Jewel In The Crown': How Data Is Shaping Cannabis Retail, 'Customers Are Key', Says Item 9 Labs CEO
Friday, August 11, 2023 - 1:57pm | 781"Data point is definitely the jewel in your crown to be able to understand the consumer," said Sarah Kabakoff, VP of business development at Dutchie, at the recent Benzinga Cannabis Capital Conference in Miami. The cannabis industry has witnessed seismic shifts over the years, but...
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Canadian Cannabis Retailer High Tide Reports Q2 Revenue Flat To Q1, Net Loss Of CA$1.6M
Wednesday, June 14, 2023 - 4:18pm | 617Canadian cannabis company High Tide (NASDAQ: HITI) (TSXV: HITI) (FSE: 2LYA) released Wednesday its second-quarter earnings report revealing revenue of $CA118.1 million ($88.5 million) up by 46% YoY, but flat compared to the previous quarter. “We remain on track towards...
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High Demand: Marijuana Retail Sales Set To Top $33.5B In 2023, Report Finds
Thursday, April 13, 2023 - 12:19pm | 427The increase in medical and recreational marijuana legalization across numerous U.S. states is leading to record-breaking sales in the retail market. However, to ensure long-term success, businesses must build customer loyalty. Raj Grover, president and CEO at High Tide Inc. (NASDAQ: HITI)...
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EXCLUSIVE: Cannabis Industry Experts Share Insights On Building Customer Loyalty - 'It's All About Education'
Tuesday, April 11, 2023 - 5:37pm | 588A panel of experts discussed how cannabis companies are targeting retail customers, at the Benzinga Cannabis Capital Conference in Miami Beach on Tuesday. The panel shared tips and tricks on what businesses should be doing to engage and keep their customers coming back for more. Frictionless...
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High Tide Closes Acquisition Of Jimmy's Cannabis Shop In British Columbia
Thursday, December 29, 2022 - 9:54pm | 541High Tide Inc. (Nasdaq: HITI) (TSXV: HITI) (FSE: 2LYA), a retail-focused cannabis company with a brick-and-mortar presence as well as global e-commerce assets, announced that it has completed its acquisition of 100% of the equity interest of 1171882 B.C. Ltd., operating as Jimmy'...
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High Tide's Second Quarter And Outlook: M&As And Organic Openings Coming Soon?
Friday, September 16, 2022 - 8:17am | 823The Analyst Pablo Zuanic from Cantor Fitzgerald maintained a Neutral rating on High Tide Inc., lowering its 12-month price target to C$2.75 from C$2.80, "given the overall sectoral derating and industry challenges." "High Tide continues to consolidate the Canadian retail...
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High Tide: 'Continued Progress, But More Operational Leverage Needed,' Analyst Says
Wednesday, June 15, 2022 - 3:58pm | 853The Analyst Pablo Zuanic from Cantor Fitzgerald remained ‘Neutral' on High Tide Inc. (NASDAQ: HITI) and lowered the stock 12-month price target to C$4.45 from C$7 “given overall sectoral derating.” The Thesis Zuanic noted High Tide, a leading retail-focused cannabis company...
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Ontario Regulators Authorize Cannabis Curbside Pickup And Delivery To Boost Retail Segment
Thursday, March 10, 2022 - 5:25pm | 482The Alcohol and Gaming Commission of Ontario, which controls cannabis sales in the Canadian province, has established new rules to enable cannabis retailers to offer delivery and curbside pick-up services on a permanent basis beginning March 15, 2022. The new policy is intended to make permanent...
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High Tide Inc: Cantor's Updated Model For NuLeaf CBD Deal
Friday, December 10, 2021 - 6:11pm | 587The Analyst In a recent analyst note, Pablo Zuanic, from Cantor Fitzgerald, remained Neutral on High Tide Inc. (NASDAQ: HITI.TO) and established a price target of C$7.75 for the stock. The Thesis Zuanic remains Neutral on High Tide shares and lowered the 12-month price target to...
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High Tide Launches Store In Calgary, 74th Nationwide
Monday, March 8, 2021 - 11:35am | 289Canadian retailer of recreational cannabis High Tide Inc. (OTCQB: HITIF) has launched yet another retail location in Alberta, on the heels of opening the store in Calgary's Montgomery neighborhood. Canna Cabana is located in Calgary's Beltline neighborhood near Millennium Park....