16:09:23 EDT Thu 18 Sep 2025
Enter Symbol
or Name
USA
CA



High Tide Inc (2)
Symbol HITI
Shares Issued 81,203,007
Close 2025-09-17 C$ 4.91
Market Cap C$ 398,706,764
Recent Sedar Documents

Globe says Semple keeps High Tide at "buy"

2025-09-18 07:31 ET - In the News

The Globe and Mail reports in its Thursday, Sept. 18, edition that Ventum Capital analyst Andrew Semple has reaffirmed his "buy" recommendation for High Tide. The Globe's David Leeder writes in the Eye On Equities column that Mr. Semple gave his share target a 50-cent boost to $9. Analysts on average target the shares at $7.75. Mr. Semple says in a note: "The company is separating itself from the competition, leveraging its balance sheet strength and scale to expand its retail ecosystem while many third-party retailers struggle to compete. Management stated that the company's market share was 12 per cent in the provinces where it operates, putting High Tide well on track to achieve its 15-per-cent target. High Tide remains our highest conviction idea in Canadian cannabis. It is one of the few cannabis companies in Canada to sustainably grow EBITDA, generate sustainable positive FCF, and maintain clear growth drivers ahead. We note the potential for additional upside to our forecast as High Tide could potentially utilize its growing cash position to support accelerated growth and make acquisitions that would be accretive to its current valuation."

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