11:54:02 EDT Thu 17 Sep 2026
Enter Symbol
or Name
USA
CA



High Tide Inc (2)
Symbol HITI
Shares Issued 88,993,701
Close 2026-09-16 C$ 3.74
Market Cap C$ 332,836,442
Recent Sedar+ Documents

Globe says High Tide a "Best Idea" in weed for Lessard

2026-09-17 07:20 ET - In the News

The Globe and Mail reports in its Thursday, Sept. 17, edition that TD Cowen analyst Derek Lessard has reiterated his "buy" ranking and $6.50 share target for High Tide. The Globe's David Leeder writes in the Eye On Equities column that analysts on average target the shares at $5.33. Mr. Lessard calls High Tide his "Canada Best Idea" in cannabis. He says in a note: "The company has leading retail share, best-in-class operating metrics, and several underappreciated growth levers. With the stock down more than 30 per cent over the past year and trading at a 20-per-cent discount to its two-year average on forward consensus EV/EBITDA, we see meaningful upside from here. High Tide's retail position and industry-leading KPIs are supported by hard-to-replicate advantages. Cabana Club is a resilient loyalty platform that has driven meaningful share gains, while multiple margin levers and a long runway for store growth should support continued earnings momentum. Remexian adds a second growth engine that should contribute incremental earnings and help drive a valuation rerating over time." Mr. Lessard says investors appear to be "overlooking just how consistently High Tide continues to outperform peers."

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