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Upturn AI SWOT - About
High Tide Inc (HITI)
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Upturn Advisory Summary
04/01/2025: HITI (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Analysis of Past Performance
Type Stock | Historic Profit -37.09% | Avg. Invested days 27 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 04/01/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 161.21M USD | Price to earnings Ratio - | 1Y Target Price 4.5 |
Price to earnings Ratio - | 1Y Target Price 4.5 | ||
Volume (30-day avg) 642950 | Beta 0.89 | 52 Weeks Range 1.56 - 3.62 | Updated Date 04/1/2025 |
52 Weeks Range 1.56 - 3.62 | Updated Date 04/1/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) -0.06 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date 2025-03-13 | When Before Market | Estimate -0.007 | Actual -0.021 |
Profitability
Profit Margin -1.27% | Operating Margin (TTM) 1.09% |
Management Effectiveness
Return on Assets (TTM) 3.49% | Return on Equity (TTM) -4.56% |
Valuation
Trailing PE - | Forward PE 72.46 | Enterprise Value 176769974 | Price to Sales(TTM) 0.3 |
Enterprise Value 176769974 | Price to Sales(TTM) 0.3 | ||
Enterprise Value to Revenue 0.47 | Enterprise Value to EBITDA 8.21 | Shares Outstanding 80938704 | Shares Floating 69387905 |
Shares Outstanding 80938704 | Shares Floating 69387905 | ||
Percent Insiders 14.12 | Percent Institutions 10.13 |
Analyst Ratings
Rating 4.75 | Target Price 4.5 | Buy 1 | Strong Buy 3 |
Buy 1 | Strong Buy 3 | ||
Hold - | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
High Tide Inc
Company Overview
History and Background
High Tide Inc. was founded in 2009 and has grown to become a leading cannabis retailer in Canada. It focuses on providing a diverse range of cannabis products and accessories. The company has expanded through strategic acquisitions and organic growth.
Core Business Areas
- Retail Cannabis: High Tide operates a chain of cannabis retail stores across Canada, offering a variety of cannabis products, including dried flower, oils, edibles, and concentrates.
- E-commerce: High Tide operates several e-commerce platforms, selling cannabis accessories, vaporizers, and other related products online.
- Manufacturing and Distribution: High Tide manufactures and distributes cannabis accessories and provides white-label production services.
Leadership and Structure
Raj Grover serves as the President and CEO. The company has a structured management team overseeing retail operations, e-commerce, and corporate functions.
Top Products and Market Share
Key Offerings
- Dried Flower: Dried cannabis flower is a primary product, accounting for a significant portion of sales. Market share varies by region, with High Tide aiming to capture a larger share through brand recognition and store expansion. Competitors include Canopy Growth (CGC) and Aurora Cannabis (ACB).
- Vaporizers and Accessories: High Tide offers a wide range of vaporizers and accessories through its retail stores and e-commerce platforms. Market share is fragmented, with competition from smaller accessory brands and online retailers. Competitors include Greenlane Holdings (GNLN).
- Cannabis Oils and Concentrates: High Tide offers a variety of cannabis oil and concentrate products. The competition includes Canopy Growth (CGC) and Aurora Cannabis (ACB).
Market Dynamics
Industry Overview
The cannabis industry is experiencing rapid growth, driven by increasing legalization and consumer acceptance. However, the industry faces regulatory challenges and intense competition.
Positioning
High Tide is positioned as a value-focused cannabis retailer with a strong presence in key Canadian markets. Their competitive advantage lies in their diverse product offerings and strategic acquisitions.
Total Addressable Market (TAM)
The global cannabis market is projected to reach hundreds of billions of dollars in the coming years. High Tide is focused on capturing a significant share of the Canadian market and expanding internationally.
Upturn SWOT Analysis
Strengths
- Extensive retail network
- Diverse product offerings
- Strong e-commerce presence
- Strategic acquisitions
- Focus on value pricing
Weaknesses
- Reliance on the Canadian market
- Intense competition
- Regulatory uncertainty
- Profitability challenges
- Marketing restrictions
Opportunities
- International expansion
- Product innovation
- Partnerships and collaborations
- Lobbying for favorable regulations
- Further acquisitions
Threats
- Increased competition
- Changing regulations
- Economic downturn
- Supply chain disruptions
- Negative publicity
Competitors and Market Share
Key Competitors
- CGC
- ACB
- TLRY
- CRON
Competitive Landscape
High Tide faces intense competition from larger cannabis companies with greater resources and established brands. However, High Tide's focus on value and strategic acquisitions provides a competitive edge.
Major Acquisitions
Smoke Cartel
- Year: 2021
- Acquisition Price (USD millions): 8
- Strategic Rationale: Expanded High Tide's e-commerce presence and product offerings in the accessories market.
Growth Trajectory and Initiatives
Historical Growth: High Tide has demonstrated strong revenue growth through organic expansion and strategic acquisitions.
Future Projections: Future growth is dependent on market conditions, regulatory changes, and the company's ability to execute its strategic plans. Analyst estimates vary.
Recent Initiatives: Recent initiatives include expanding the retail network, launching new products, and increasing e-commerce sales.
Summary
High Tide Inc. is a cannabis retailer with a focus on value. It has grown impressively by acquiring other companies to increase market share, primarily in Canada. However, profitability and reliance on regulations are key risks. Success will depend on navigating these regulatory challenges and sustaining growth in a competitive market.
Similar Companies
- CGC
- ACB
- TLRY
- CRON
- SMG
Sources and Disclaimers
Data Sources:
- Company filings
- Industry reports
- Analyst estimates
- Company Website
Disclaimers:
This analysis is for informational purposes only and should not be considered investment advice. Market share data is based on estimates and may vary. Financial data is subject to change.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About High Tide Inc
Exchange NASDAQ | Headquaters Calgary, AB, Canada | ||
IPO Launch date 2019-01-28 | Founder, CEO, President & Executive Chairman Mr. Harkirat Grover | ||
Sector Healthcare | Industry Pharmaceutical Retailers | Full time employees 1750 | Website https://www.hightideinc.com |
Full time employees 1750 | Website https://www.hightideinc.com | ||
High Tide Inc. engages in the cannabis retail business in Canada, the United States, and internationally. It operates through Bricks and Mortar Operations; and E-commerce Operations segments. The company operates retail cannabis stores; and provides data analytics services. In addition, it manufactures and distributes consumption accessories. Further, the company sells its products through a network of retail stores, e-commerce platforms, and the wholesale distribution arm. It offers its products under the Daily High Club, DankStop, FABCBD, GC, Nuleaf, Smoke Cartel, and Blessed CBD brands. The company was formerly known as High Tide Ventures Inc. and changed its name to High Tide Inc. in October 2018. The company was founded in 2009 and is headquartered in Calgary, Canada.
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