High Tide Inc. (HITI.V)
High Tide Inc. operates in the Medical - Pharmaceuticals industry of the Healthcare sector, headquartered in Calgary, AB, CA. The stock last traded at $3.23, down 1.22% on the session, giving a market capitalisation of $283.8M. Its beta of 1.04 implies it has historically moved more than the broad market.
High Tide Inc. operates as a prominent global player in the cannabis retail sector, with business activities spanning Canada, Europe, the United States, and other international markets. The company's portfolio is multifaceted, including the design, manufacturing, and distribution of various smoking accessories and cannabis-inspired lifestyle products. Beyond merchandise, High Tide is actively involved in the wholesale and direct retail of cannabis products, managing and franchising numerous licensed cannabis dispensaries. Furthermore, it offers data analytics services and runs the online retail platforms Grasscity.com and CBDcity.com. As of October 25, 2022, High Tide maintained a substantial retail presence with 149 locations throughout several Canadian provinces, including Ontario, Alberta, British Columbia, Manitoba, and Saskatchewan. Founded in 2009, this Calgary, Canada-based company was rebranded as High Tide Inc. in October 2018, having previously operated under the name High Tide Ventures Inc.
High Tide Inc. is most often compared with the following Healthcare names: