u/WilliamBlack97AI · 17h agono track record yet
Why I am bullish on HITI NASDAQ at the current valuation
High Tide is a profitable, rapidly growing cannabis retailer with dominant Canadian market share (~12%), 2.65 million-member loyalty program, and newly expanding German operations. Q3 guidance shows 30%+ revenue and 43% EBITDA growth; the author expects multiple expansion as market reprices HITI from a pure cannabis play to a high-growth profitable company, with a potential revaluation to $10 CAD as earnings power accelerates through 2027–28.