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Home CompaniesHigh Tide Inc

High Tide Inc

Healthcare Pharmaceutical Retailers
PortfolioPortfolio WatchlistWatchlist
Company price
3.94 CAD 0.13 ( 3.41%)
Last update at 2026-11-04T20:45:00Z
VOLUME
64661
Market Cap
287.43M

Momentum Score

…

High Tide Inc. engages in the cannabis retail business in Canada, the United States, and internationally. The company operates through Bricks and Mortar, E-commerce, and Medical Cannabis Distribution segments. It manufactures and distributes consumption accessories; cannabis; and hemp derived products. The company also engages in data analytics; advertising; product sourcing and imports; event-based cannabis retail; medical cannabis distribution; accessories retail; and other related services. It provides its products under the Daily High Club, DankStop, FAB CBD, GC, Nuleaf Naturals, Smoke Cartel, Blessed CBD, Fastendr, Famous Brandz, Queen of Bud, Canna Cabana, Grasscity, Daily High Club, and Valiant Distribution brands. The company sells its products through a network of retail stores, e-commerce platforms, and the wholesale distribution arm. 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.

Source: TradingView
The charts and visual representations are sourced from TradingView through embedded widgets. For any issues with chart display, please visit the TradingView website

Day Price Range
3.81
Low
3.95
High
52 Week Price Range
2.85
Low
5.59
High

Momentum Score

…
Loading momentum score…

A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High
AI Summary

High Tide Inc is a Canadian retail-focused cannabis lifestyle company operating stores, e-commerce platforms and wholesale distribution of cannabis-related consumer goods. Long-term growth may come from expanding its retail footprint, omnichannel sales and scaling branded product lines. It appears positioned to benefit from legal cannabis market growth while providing diversified revenue streams.

Key risks include regulatory uncertainty, intense competition that could pressure margins and execution and financing risk as the company seeks sustained profitability.

Risk Score
High

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
3.81
Dividend Yield
-
Revenue TTM
629.85M
Revenue Per Share
7.51
Gross Profit TTM
162.50M
Debt / Equity
-
ROE
-39.72%
Net Debt
51.23M
ROCE
6.20%
Diluted EPS TTM
-0.58

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2025-10-31 2024-10-31 2023-10-31 2022-10-31 2021-10-31
Type yearly yearly yearly yearly yearly
Date 2025-10-31 2024-10-31 2023-10-31 2022-10-31 2021-10-31
Income before tax -51.43M -4.40M -48.60M -73.76M -35.77M
Minority interest 0.66M -0.53M 1.64M -0.91M -0.68M
Net income -50.75M -4.34M -39.31M -71.76M -35.72M
Selling general administrative 113.78M 101.79M 97.07M 90.90M 54.27M
Selling and marketing expenses - - 4.14M - -
Gross profit 153.53M 142.50M 131.31M 100.95M 63.98M
Reconciled depreciation 24.31M 25.39M 32.76M 30.17M 23.57M
Ebit - - -36.96M -20.11M -13.85M
Ebitda - - -4.20M -33.65M -1.96M
Depreciation and amortization - - 32.76M - -
Operating income 15.44M 15.32M -41.42M -20.11M -13.85M
Other operating expenses - - 529.09M - -
Interest expense 13.38M 12.79M 11.63M 9.95M 10.24M
Tax provision -0.03M -0.59M -7.64M -2.92M -0.73M
Interest income - - - - 0.00M
Net interest income -13.38M -12.79M -11.63M -9.95M -15.13M
Income tax expense - - -7.64M -2.92M -0.73M
Total revenue 593.99M 522.31M 487.67M 356.85M 181.12M
Total operating expenses 578.55M 506.99M 172.74M 376.96M 194.97M
Cost of revenue 440.46M 379.80M 356.36M 255.90M 117.14M
Total other income expense net -53.49M -6.93M -7.17M -43.70M -6.78M
Net income from continuing ops -51.40M -3.81M -40.95M -70.85M -35.04M
Net income applicable to common shares - - - -71.76M -34.36M
Breakdown 2025-10-31 2024-10-31 2023-10-31 2022-10-31 2021-10-31
Type yearly yearly yearly yearly yearly
Date 2025-10-31 2024-10-31 2023-10-31 2022-10-31 2021-10-31
Total assets 349.06M 246.21M 233.40M 274.74M 246.22M
Intangible assets 39.43M 19.44M 27.28M 62.07M 62.33M
Total liab 246.28M 100.70M 99.73M 112.71M 94.21M
Total stockholder equity 87.61M 143.27M 131.56M 156.35M 147.21M
Other current liab 9.95M - 3.67M 6.34M 9.98M
Common stock - - - 279.51M 208.90M
Capital stock 329.64M 300.64M 288.03M 279.51M 208.90M
Retained earnings -260.11M -209.36M -205.93M -168.09M -87.79M
Other liab - - - 9.60M 8.58M
Good will 90.12M 73.37M 76.20M 83.42M 79.95M
Other assets - - - 3.19M 4.91M
Cash 47.88M 47.27M 30.12M 25.08M 14.01M
Total current liabilities 99.92M 61.48M 58.14M 59.94M 40.79M
Net debt 51.23M - 7.37M 11.03M 11.64M
Short long term debt 17.73M 26.86M 24.98M 19.09M 6.55M
Other stockholder equity - - - 21.88M 10.94M
Property plant equipment - - - 62.00M 52.74M
Total current assets 136.88M 85.79M 68.64M 64.06M 46.29M
Long term investments - 0.00M 0.18M 0.20M 0.51M
Net tangible assets - - - 10.86M 4.93M
Short term investments 0.06M 0.71M 0.14M 0.20M 0.86M
Net receivables 5.62M 3.31M 7.47M 8.20M 7.45M
Long term debt 81.39M 7.54M 12.51M 17.03M 19.11M
Inventory 67.41M 29.34M 25.97M 23.41M 17.04M
Accounts payable 27.77M 8.05M 8.35M 26.89M 18.53M
Non current assets total 212.18M 160.42M 164.76M 210.68M 199.93M
Capital lease obligations 49.80M 40.21M 35.04M 33.77M 29.77M
Breakdown 2025-10-31 2024-10-31 2023-10-31 2022-10-31 2021-10-31
Type yearly yearly yearly yearly yearly
Date 2025-10-31 2024-10-31 2023-10-31 2022-10-31 2021-10-31
Investments 0.65M -0.66M -5.72M -8.59M -0.51M
Change to liabilities - - - 1.84M 0.90M
Total cashflows from investing activities - - - -8.59M -28.49M
Net borrowings 1.27M -10.92M -11.38M -1.90M -10.08M
Total cash from financing activities 0.20M -7.72M -9.26M 15.17M 37.81M
Change to operating activities - - - -2.85M -3.67M
Net income -50.75M -4.34M -40.95M -71.76M -34.36M
Change in cash 0.62M 17.15M 5.04M 11.07M 6.49M
Begin period cash flow 47.27M 30.12M 25.08M 14.01M 7.52M
End period cash flow 47.88M 47.27M 30.12M 25.08M 14.01M
Total cash from operating activities 23.87M 35.55M 20.66M 4.50M -2.83M
Issuance of capital stock 0.05M 3.15M 2.44M 19.45M 38.57M
Depreciation 24.31M 25.39M 32.76M 30.14M 24.54M
Other cashflows from investing activities - - -0.29M - -
Dividends paid - - - 0.00M 0.00M
Change to inventory -5.81M -3.32M -2.87M -2.87M -5.50M
Change to account receivables - - 0.63M -0.74M -1.63M
Other cashflows from financing activities - - -0.33M -4.84M -8.06M
Change to netincome - - - 48.31M 15.68M
Capital expenditures 10.65M 9.75M 6.08M 7.76M 10.56M
Change in working capital -0.29M 3.04M -4.86M -4.61M -9.90M
Stock based compensation 3.92M 2.98M 5.03M 8.08M 4.88M
Other non cash items -0.32M 4.31M 36.33M 5.28M 6.30M
Free cash flow 13.22M 25.80M 14.58M -4.56M -13.54M

Peer Comparison*

Sector: Healthcare Industry: Pharmaceutical Retailers

Stock Name
Change
(CAD)
Price
(CAD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to Revenue (x)
Enterprise Value
to EBITDA (x)
HITI
High Tide Inc		 0.13
3.41%		 3.94 - 45.05 0.46 3.36 0.65 10.91
PCRX
PharmaCorp Rx Inc.		 -0.01
1.22%		 0.41 20.50 41.49 2.78 1.65 2.77 41.56

Profile*

High Tide Inc

High Tide Inc. engages in the cannabis retail business in Canada, the United States, and internationally. The company operates through Bricks and Mortar, E-commerce, and Medical Cannabis Distribution segments. It manufactures and distributes consumption accessories; cannabis; and hemp derived products. The company also engages in data analytics; advertising; product sourcing and imports; event-based cannabis retail; medical cannabis distribution; accessories retail; and other related services. It provides its products under the Daily High Club, DankStop, FAB CBD, GC, Nuleaf Naturals, Smoke Cartel, Blessed CBD, Fastendr, Famous Brandz, Queen of Bud, Canna Cabana, Grasscity, Daily High Club, and Valiant Distribution brands. The company sells its products through a network of retail stores, e-commerce platforms, and the wholesale distribution arm. 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.

11127 ? 15 Street N.E., Calgary, AB, Canada, T3K 2M4

403-265-4207

https://www.hightideinc.com

1832

Name Title Year Born
Mr. Harkirat Grover Founder, CEO, Pres & Exec. Chairman 1982
Mr. Rahim Kanji C.A., CPA, M.B.A. Chief Financial Officer NA
Mr. Aman Sood Chief Operating Officer NA
Mr. Andreas-Alexander Palalas Chief Revenue Officer 1991
Ms. Joy Lisa Avzar VP & Legal Counsel NA
Mr. Omar Khan Sr. VP of Corp. & Public Affairs NA
Ms. Sandy Sharma Sr. Director of HR NA
Mr. Shimshon Posen J.D. Sec. & Treasurer NA
Mr. Harkirat Grover Founder, CEO, President & Executive Chairman 1982
Mr. Omar Yar Khan Chief Communications & Public Affairs Officer NA

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

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