High Tide Inc.
No SEC Form 4 filings for $HITI in the last 30 days.
See all $HITI insider activity →National Bank Financial downgraded Nutrien Ltd. (NTR) to 'sector perform' due to valuation concerns, though its target price rose to $77. Cenovus Energy (CVE) was reaffirmed as 'outperform' with a $60 target. TD Cowen finds H&R REIT's (HR.UN) takeover bid 'underwhelming', lowering its target to $11. High Tide (HITI) was seen as having 'meaningful incremental value'.
High Tide CEO Raj Grover discusses preliminary Q3 guidance on the Trade To Black podcast. The company (NASDAQ:HITI) expects revenue of CAD 195-200 million, gross profit CAD 51-53.5 million, and adjusted EBITDA CAD 15.2-16.5 million, with results due Sept. 14. Grover cites operating leverage and a CAD 40 million credit facility. The episode also covers Michigan’s proposed repeal of a 24% wholesale cannabis tax and consolidation signals from Curaleaf-Aurora.
High Tide Inc. (Nasdaq: HITI, TSXV: HITI) said it closed C$40 million in senior secured credit facilities with Bank of Montreal. The package includes a C$25 million committed revolving facility and a C$15 million delayed-draw term loan to refinance C$15 million second-lien debentures. It repaid and terminated its prior ConnectFirst Credit Union facility.
Over the past 7 days, alphai's AI scored 1 news story mentioning HITI (High Tide Inc.). Coverage has skewed bullish: 1 bullish, 0 neutral, and 0 bearish.
Recent HITI coverage spans financial news, earnings and corporate actions.
Analyst bullishness may lift sentiment but stock remains down 30% YoY.
Preliminary Q3 guidance and a new CAD 40 million senior secured credit facility support a near-term re-rating narrative around operating leverage and funding flexibility.
The completed refinancing increases liquidity and reduces near-term financing risk, which can support equity sentiment and credit spreads.
Upside guidance relative to consensus can drive continued re-rating if results confirm the range.
Preliminary upside guidance versus analyst estimates can re-rate near-term expectations and drive momentum into the Sept 14 results release.
alphai scores every news story that mentions HITI with an AI model for sentiment and relevance, and aggregates insider trades from High Tide Inc.'s SEC EDGAR Form 4 filings. Figures refresh continuously.
National Bank Financial downgraded Nutrien Ltd. (NTR) to 'sector perform' due to valuation concerns, though its target price rose to $77. Cenovus Energy (CVE) was reaffirmed as 'outperform' with a $60 target. TD Cowen finds H&R REIT's (HR.UN) takeover bid 'underwhelming', lowering its target to $11. High Tide (HITI) was seen as having 'meaningful incremental value'.
2 min readHigh Tide CEO Raj Grover discusses preliminary Q3 guidance on the Trade To Black podcast. The company (NASDAQ:HITI) expects revenue of CAD 195-200 million, gross profit CAD 51-53.5 million, and adjusted EBITDA CAD 15.2-16.5 million, with results due Sept. 14. Grover cites operating leverage and a CAD 40 million credit facility. The episode also covers Michigan’s proposed repeal of a 24% wholesale cannabis tax and consolidation signals from Curaleaf-Aurora.
6 min readHigh Tide Inc. (Nasdaq: HITI, TSXV: HITI) said it closed C$40 million in senior secured credit facilities with Bank of Montreal. The package includes a C$25 million committed revolving facility and a C$15 million delayed-draw term loan to refinance C$15 million second-lien debentures. It repaid and terminated its prior ConnectFirst Credit Union facility.
3 min readSmall-cap stocks moved on deal and earnings news. MDA Space (MDA-T) rose after it will supply Telesat Lightspeed satellites for Telesat (TSAT-T), tied to a $2.3B Arctic military Ka-band contract. High Tide (HITI-X) jumped on Q3 guidance: revenue $195M-$200M and adj. EBITDA $15.2M-$16.5M. 5N Plus (VNP-T) fell after mixed Q2 results and lower backlog.
4 min readHigh Tide Inc. (Nasdaq: HITI) issued preliminary guidance for its fiscal Q3 ended July 31, 2026, expecting record revenue, gross profit and adjusted EBITDA, with year-over-year growth of at least 30%, 27% and 43%, respectively. It also reported Remexian Pharma distributed over 10 tonnes of medical cannabis in Germany, up 33% sequentially and 60% year over year. Full results are due Sept. 14, 2026.
4 min readHigh Tide Inc. (Nasdaq: HITI) said it completed its acquisition of J. Supply Holdings Inc., operating as Northern Helm, adding four Ontario retail cannabis stores. The deal values the stores at $7.77 million, including $3.06 million in assumed debt, with part paid in cash and 921,486 High Tide shares. Stores generated annualized revenue of $8.5 million and annualized Adjusted EBITDA of $1.7 million.
3 min readHigh Tide Inc. (Nasdaq: HITI; TSXV: HITI) said its board approved a Temporary Shareholder Rights Plan and an amended and restated shareholder rights plan, via agreements with Olympia Trust Company as rights agent. The plans aim to support cannabis-license compliance and protect against unsolicited takeovers. The amended plan would run three years if shareholders ratify it; TSXV acceptance is pending conditions.
3 min readCanopy Growth reported Q4 FY2026 net revenue of C$71.2 million (+10% YoY) and full-year revenue of C$284.6 million (+6%). Canada medical revenue rose 27% to C$25.3 million and international revenue rose 68% to C$8.6 million. Canopy ended FY2026 with C$131.3 million net cash and expects positive Adjusted EBITDA in FY2027. High Tide agreed to buy four Ontario stores for C$7.74 million, adding to 228 Canna Cabana locations in Canada and 103 in Ontario, pending TSXV and AGCO approvals.
6 min readTD Securities initiated coverage of High Tide Inc. (HITI) with a Buy rating and C$6.50 price target, naming it their top cannabis pick due to strong market share, sales growth, and a rapidly expanding loyalty program. The company recently opened a new Canna Cabana location, bringing its total to 219 stores across Canada. High Tide operates in retail, e-commerce, and medical cannabis distribution, and is held by 10 hedge funds.
3 min readHigh Tide Inc. (NASDAQ:HITI) experienced a significant 33.4% decrease in short interest during January, totaling 264,016 shares by January 15th, which represents about 0.3% of its shares sold short. This decline, alongside increased institutional investment from firms like Millennium Management and Bank of America, suggests a shift in investor sentiment for the cannabis retailer. Despite institutional activity, the company's recent quarterly earnings reported revenue of $117.02 million, missing analyst estimates, and showed negative net margin and return on equity.
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