High Tide Inc. engages in the cannabis retail business in Canada, the United States, and internationally. It operates through three segments: Bricks and Mortar, E-commerce, and Medical Cannabis Distribution. It manufactures and distributes consumption accessories; cannabis; and hemp derived products. It also provides data analytics; advertising; 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.
Metrics to compare | HITI | Sector Sector - Average of metrics from a broad group of related Consumer Non-Cyclicals sector companies | Relationship RelationshipHITIPeersSector | |
|---|---|---|---|---|
P/E Ratio | −5.7x | −1.7x | −0.5x | |
PEG Ratio | 0.01 | 0.00 | 0.00 | |
Price/Book | 3.3x | 0.8x | 2.6x | |
Price / LTM Sales | 0.5x | 1.0x | 3.3x | |
Upside (Analyst Target) | 128.0% | 65.2% | 45.0% | |
Fair Value Upside | Unlock | 34.4% | 5.1% | Unlock |