HITI

No_Love_Gained

HITI's price manipulation on ER days is unbelievable and plays out like clockwork everytime. Looking at the charts it's right in the channel and setup for another leg up (like Aug-Sep) last year.

the_mammynun

HITI started premarket up 40% this morning. Too bad it didn't hold but at least it's a solid entry for anyone new. Between aftermarket and today's premarket, 8m+ shares have traded. That's over 20x the daily average.

rpez89

Where are my HITI brothers and sisters at, been waiting on this moment for time 🙏

Visual-Try-8081

HITI

Visual-Try-8081

I am not selling my HITI shares until they are worth 10.

redditusertomorrow

$HITI

SilentExtinction

I mean those are some pretty solid numbers. Watch HITI open at -10% tomorrow lol.

Narradisall

Assuming HITI earnings were good given the AH pump. Really should stop putting things on my watchlist and then watching them pump

the_mammynun

HITI secured their $40m credit facility with BMO this morning and acquired 4 new stores. PRs available on r/HighTideInc

the_mammynun

I'm talking about HITI earnings. You responded to my comment about HITI.

the_mammynun

Interesting, HITI also reporting after market.

the_mammynun

To be clear, HITI has 92 stores in Alberta, most of which are in the greater Calgary area. This is just the latest one. 

the_mammynun

For what they promised to be 10 years ago, you're right that's a massive let down. However its not surprising because being a mid-cost LP is pretty much the worst game in town right now. MSOs will also have their lunch eaten but in time. Right now they are protected by state licensed programs, so they don't have to play in a free market like Aurora.  Instead focus on companies with differentiated models that can survive commoditization and a free market. Only HITI comes to mind as being a pure play retailer means their (lower) margins are protected. They manage their expectations because margins were never 50%+ like with MSOS during the current Golden age. They learn how to survive now and thrive later. HITI also has a European import subsidiary. Global logistics will always be important regardless of pricing. Again, margins are protected.

the_mammynun

Since Trulieve deconsolidated 34 rec stores to list on the NYSE, they have dropped from 240 stores to 206. This means HITI is officially the largest cannabis retail worldwide at 224 stores.

the_mammynun

Why don't you scroll through Trulieve or Green Thumb's press release history? They always announce new store openings and nobody complains. People only complain when it's HITI. 

martyd94

Been buying this in my RRSP the past couple weeks. Got a good feeling long term about HITI.

the_mammynun

I mean HITI has been on the NASDAQ for 5 years and never has volume.

Visual-Try-8081

Day traders will day trade. Nothing new in cannaland. Long GTI, HITI, MSOS, TLRY, and recently on the lows VFF (from bigger to smaller position)

Narradisall

Dunno why I bought some HITI going into earnings. That stock never moves.

the_mammynun

Yeah I agree with this, except that idea that US companies will take over the global markets once they mature. In my opinion, everyone will have a fair shot. The US doesn't bring anything special to the table in terms of the global marketplace. If there is consolidation it's more likely to come from global alcohol or tobacco conglomerates than an MSO. Differentiated companies like HITI will probably be acquired and grow ops will shift to places like south America. If you aren't a pure play retailer, global logistics specialist, or CPG company there probably isn't much room for you in the future of the industry. Arguably retail will matter the least since that is also quite susceptible to change and policy variation on a state to state and country to country level. 

the_mammynun

Anyways, I really don't care for companies with grow ops which is 99% of the industry. That's the part which will suffer long term. That's why I only invest in HITI, and would eventually invest in brand/CPG exclusive focussed companies who source their product from partner growers.

jonnyohman1

Tbf HITI wasn’t nasdaq listed until 2021ish

the_mammynun

That headline lol... As if LPs and HITI have not been NYSE and NASDAQ listed for the better part of 10 years.

the_mammynun

People were all over the place with opinions. I definitely didn't expect it this fast, but I always maintained that it was ultimately the decision of NYSE/Nasdaq. Raj from HITI mentioned that Nasdaq permission was the only thing they were missing from opening doors in the US.

Russticale

Thanks Mate, that's gotta be the most exciting news. Plus the reverse splits, in anticipation of uplist. Man is it tempting to buy in 100% right now. I loaded like 35% long this week with my capital, wish I took it to 50% yesterday. Was buying PLNH, VFF, and trying to wait for MRMD under .08. This morning, my fomo chase entries are HITI, CRON, CGC, and ACB. Saving cash for the OTC American names I need to square up positions on.

the_mammynun

Dump weed and tlry and add to your HITI position.

No_Love_Gained

Just surprised to see HITI, CGC and Tlry all in the same portfolio.

Cool_Ad_5101

HITI will probably be fine if you don’t need the money. The other two keep reverse splitting so I am not confident 

akaChadThundercock

I'm confident you'll be fine on HITI, but I wouldn't say the same about the others.

Alarming_Pension_213

$HITI >

Dadraik

ok, I'm following you - I bought 4 contracts, only becuase I'm limited in available capital - here's what I see, my position, and my exit strat # THE PLAY AT A GLANCE [](https://github.com/padraik/island-fund/blob/main/week-02/research/research_HITI.md#the-play-at-a-glance) ||| |:-|:-| |**Ticker**|HITI| |**Option**|$2.50C Jul17 (call, strike $2.50, expires July 17, 2026)| |**Cost per contract**|$0.25 (bid $0.20 / ask $0.25, verified live June 1)| |**Contracts**|4| |**Total at risk**|$100.16 (including $0.04 regulatory fee)| |**Break-even**|$2.75 (requires +13.2% from $2.43)| |**Expected value**|\+EV -- see model below| |**Probability of profit**|\~42% (model base case)| |**Catalyst date**|June 15, 2026 -- Q2 FY2026 earnings| |**Conviction**|3.5/5| |**Verdict**|ENTERING -- limit order placed after-hours June 1, fills at open June 2| # THE NUMBERS [](https://github.com/padraik/island-fund/blob/main/week-02/research/research_HITI.md#the-numbers) Note: Revenue and income figures are in Canadian dollars (CAD). Divide by \~1.37 for approximate USD. |Metric|Value| |:-|:-| |Current price|$2.43 USD| |52-week range|$2.10 -- $4.055| |Position in range|20% -- near lows| |Market cap|$216.79M USD| |Revenue TTM|$629.85M CAD (+17.4% YoY)| |Operating income TTM|\+$17.33M CAD (positive)| |Free cash flow TTM|\+$18.28M CAD (positive)| |EBITDA TTM|\+$43.82M CAD (6.96% margin)| |Net income TTM|\-$34.45M CAD (non-cash driven)| |Forward PE|41.04 (implies \~$0.06 EPS inflection)| |Beta|1.07| |Shares outstanding|87.9M (+7.4% YoY -- slow dilution)| |Analyst rating|Strong Buy| |Analyst coverage|6 analysts| |Analyst consensus target|$5.67 (+131% from $2.43)| |Earnings date|June 15, 2026 (Q2 FY2026)| |Fiscal year end|October 31| Why the GAAP losses are misleading: The company is a roll-up -- they have grown by acquiring cannabis retail licenses, e-commerce brands, and distribution platforms. Each acquisition creates amortizable intangible assets (brand value, customer lists, licenses). That amortization hits the income statement as a non-cash expense each year. The cash the business actually generates -- as measured by FCF -- has been positive for three consecutive years. # THE CHAIN [](https://github.com/padraik/island-fund/blob/main/week-02/research/research_HITI.md#the-chain) Three strikes available on Robinhood: |Strike|Ask|Bid|Spread|At Risk (1 contract)|Break-even|Needs| |:-|:-|:-|:-|:-|:-|:-| |$7.50C|$0.05|\~$0|Dead|$5|$7.55|\+211%| |$5.00C|$0.10|\~$0|Dead|$10|$5.10|\+110%| |$2.50C|$0.25|$0.20|$0.05 (20%)|$25|$2.75|\+13.2%| The $5C and $7.50C have no real market -- ask prices of $0.05-$0.10 with zero bid. Not usable. The $2.50C is the only viable instrument. The 20% spread ($0.05) is wide but acceptable at this price level -- maximum friction of $5/contract on entry vs. exit. **Position: 4 contracts at $0.25 = $100.16 at risk.** # UPSIDE SCENARIOS [](https://github.com/padraik/island-fund/blob/main/week-02/research/research_HITI.md#upside-scenarios) 4 contracts at $0.25 = $100 total at risk. |HITI price at Jul 17|Option value per contract|4-contract return|Return %| |:-|:-|:-|:-| |$2.75 (break-even)|$0.25|$0|0%| |$3.50|$1.00|\+$300|\+300%| |$4.00|$1.50|\+$500|\+500%| |$5.00|$2.50|\+$900|\+900%| |$5.67 (consensus)|$3.17|\+$1,168|\+1,168%| Expected value model: |Scenario|Prob|HITI price|Option value|EV contribution (4 contracts)| |:-|:-|:-|:-|:-| |Strong Q2 beat, FCF acceleration|15%|$4.50-5.67|$2.00-3.17 avg|\+$3.15| |Solid beat, guidance maintained|25%|$3.00-4.50|$0.50-2.00 avg|\+$1.25| |In-line quarter, no catalyst|30%|$2.43-3.00|$0-0.50 avg|\-$0.75| |Miss or guidance cut|20%|$2.10-2.43|$0|\-$1.00| |Significant deterioration|10%|Below $2.10|$0|\-$1.00| EV per contract = +$0.47 on $0.25 invested = approximately +188% expected return Note: This EV model assumes the thesis is correct that GAAP losses are non-cash and the business is genuinely improving. If operating leverage does not show on June 15, the in-line and miss scenarios become more likely. # BEAR CASE [](https://github.com/padraik/island-fund/blob/main/week-02/research/research_HITI.md#bear-case) What kills this trade: 1. Revenue growth decelerates. The 17% TTM growth slows materially -- new store openings flatten, same-store sales disappoint. Cannabis retail is still commoditizing in Canada. 2. FCF turns negative. If operating expenses increase faster than gross profit, the cash story that justifies the position breaks. 3. Sector news. Any negative regulatory development in Canadian cannabis -- pricing pressure, taxation changes, license freezes -- would hit the whole sector including HITI. 4. No catalyst. Management reports an in-line quarter with no evidence of the earnings inflection analysts are projecting. Stock stays flat or dips. Option expires worthless. If things go wrong: stock falls toward $2.10. Option expires worthless. # EXIT RULES [](https://github.com/padraik/island-fund/blob/main/week-02/research/research_HITI.md#exit-rules) * If HITI stock hits $4.50 before June 15: Sell 3 contracts (recover \~$600+), let 1 ride through earnings as a free carry. * On June 15 earnings (before open June 16): Sell all remaining contracts at open June 16 regardless of outcome.

WilliamBlack97AI

Maybe a little of spce and High tide inc When I share 1W HMA charts, that have bullish crossovers coming up, you better pay attention. $HITI All it takes is one more push towards $2.45 and have support built there. If $HITI manages to do that, the 1W HMA will soon turn green and from there it could produce another September 2025 squeeze. Earnings this month! Also My largest position by far is $HITI , one of the most underfollowed names I've ever seen. Vey undervalued right now based on its current fundamentals

WilliamBlack97AI

Look $HITI nasdaq. Earnings next month

CompletelyLost3

HITI

AlternativePlastic89

I'm with you. HITI is a coiled spring getting tighter every quarter. Earnings 6/15. A second consecutive beat to the upside could get this one going.

Den923

Big week in UK for cannabis. Could HITI make some acquisition - partnerships announcement for medical cannabis partnerships? I think so.. [https://cannabis-europa.com/events/cannabis-europa-london-2026/](https://cannabis-europa.com/events/cannabis-europa-london-2026/)

the_mammynun

One other thing. HITI is developing their own cannabis brands as well like Queen of Bud, by sourcing product from partner growers. By owning 220+ retail stores across Canada they are in a great position to grow and market their own brands. Consider how powerful your local grocery stores are compared. In-house food brands have become the cheapest options available and retailers have massive amounts of data to shape decisions around their products. Think of CostCo and Kirkland. In France we have Carrefour, and 50%+ of the products sold at their stores are Carrefour branded products. Retailers have all the power long term.

SuzyCreamcheezies

You should know by now that foodcooker only engages when you say nice things about VFF, HITI or Auxly. But don't bring up Auxly's \~1.5B share count.

WilliamBlack97AI

$HITI , no doubt . Earnings next month https://preview.redd.it/yfzpqc1k9a2h1.jpeg?width=1024&format=pjpg&auto=webp&s=76b8d5aa51abd4adc0229765db82d0902de3c293

Fluffy-Pineapple-143

HITI - Canadian canabis retailer is the storefront. Backend is wholesale medical cannabis to Germany (Remexian), and re-rateability comes from US medical cannabis through NuLeaf.

the_mammynun

Agreed, however as HITI is not an LP they don't pay excise taxes. The LP and/or end-consumer pays. If things pan out in Germany (and throughout Europe), it will not only be a major growth driver but a solid diversification strategy. Currently one of HITIs biggest risks/threats is if retail opens up to grocery or convenience stores. Unlikely, but still an existential threat that needs to be acknowledged. The medical distribution business abroad gives us a significant safety net to fall back on.

Cool_Ad_5101

I like that HITI entered Germany. The Canadian excise tax really sucks 

Visual-Try-8081

Isn't GTBIF profitable? Or HITI? I don't buy the “not profitable” argument. GTBIF has a $300 million cash war chest and very little debt. How did they achieve that if they’re not profitable? There are companies in the market that lose money or generate only a small fraction of that revenue, yet still have insane valuations. GTBIF is trading at only a 1.3x valuation. This isn’t about profitability. This is about OTC, MSOS ETF, short selling, options, and manipulation. I’ll patiently wait for Schedule III and uplisting. After that, we’ll see how it works out. For now, I’m just holding the stocks and obviously not buying options.

the_mammynun

HITI not near all time lows, but could be doing better.

benderok37

Yet, all Canadian companies near at all time lows.  HITI, OG, SNDL, ACB, TLRY, CGC. 

the_mammynun

Seems like it. However I'm just not sure how scalable their model is due to their focus on microgrows. Again, being a distribution platform competing with the likes of HITI is not an enviable position. Not sure what to make of it as an investment today. Shockingly, even at their current $7.5m valuation, they actually have a higher P/S ratio than HITI today. 0.6x vs. 0.4x. considering all of HITIs scale and history, why pay a higher multiple for less experienced and niche competitor who is also diluting at such a rapid rate?

the_mammynun

Everyone is building momentum in Europe right now. I do like Herb's model, basically unionizing the supply chain of microgrows and selling it to veterans online + now abroad. Lots of competition though. HITI has 60x their revenue and is also trying to consolidate the Canadian export market. I'm not sure if HERB's niche is big enough to matter to HITI, but maybe they will be an acquisition target down the line, once they prove the concept abroad.

ExplanationNormal339

Eyes on [$HITI](https://aimytrade.io/ticker/hiti?utm_source=reddit&utm_medium=comment&utm_campaign=RobinHoodPennyStocks&utm_term=HITI&utm_content=template_1778853610213_vph0sd) today

WilliamBlack97AI

$HITI NASDAQ long term [https://x.com/i/status/2050686842584920340](https://x.com/i/status/2050686842584920340) https://preview.redd.it/tvdm6d6ty30h1.jpeg?width=1024&format=pjpg&auto=webp&s=d8671e8dd305f05f2dfc0069402e0d7324069a55

WilliamBlack97AI

$HITI NASDAQ long term [https://x.com/i/status/2050686842584920340](https://x.com/i/status/2050686842584920340)

the_mammynun

It will only affect telemedicine platforms, since HITI, Aurora etc do not advertise individual products to consumers. One day when there is a rec system in place the rules might be different but this is in regards to medical.

akaChadThundercock

Its an advantage of scale. It sucks for the mom and pops in the space, but its a revenue source that only really matters once you have enough total customers to build up enough data that the LPs can use. With that added revenue stream, you can run just fine at slightly lower margins on product that others can't compete with. It's a big reason why I'm so bullish and balls deep on HITI lol

the_mammynun

You guys need to get over yourselves. This user posted a press release about a cannabis company that is frankly dominating in Canada and in Germany. That's what this sub is for. Not sure why investors always get accused of pumping HITI when I've seen way worse for TLRY, GTII, TRUL, CURA, etc.. this is a top company and it should be on your radar.

FoodCooker62

Ive seen this news and commentary that its a validation of HITI strategy and remexian. Its a relatively positive sign but I wonder if this is not just (or mostly) the delayed Portugal shipments seeping into their sales. That would mean ageing biomass slowly devaluing to 0.  If thats the case i would think its at substantially lower margins than they would like to see.

CompletelyLost3

HITI is doing a lot of things right. It has made mistakes, made some poor purchases and diluted sometimes questionably… but it continues to expand, revenue growth is impressive. Analysts all agree it is undervalued. If remexian performs and if it continues to build market share in Canada we are going to see the share price approach $10 or surpass it.

zapbundles

I’m a large $HITI shareholder. Genuinely asking given my position, Is it illegal to sell shelf space? Why do you think it isn’t sustainable?

akaChadThundercock

A buyout is definitely possible!  I doubt SNDL will be able to, they don't have enough cash for a buyout with the poison pill that HITI approved within the last year. But someone definitely could.

grimeyGR1

There are classes of licensed producers (cultivation, processing, medical etc.). You can not cultivate and still be an LP, which is what HITI is, a licensed producer that does processing.

LandStander420

I own HITI, I own almost everything, it’s just a matter of, how much

No_Cell6708

HITI sells weed at a loss and makes its money illegally selling shelf space and selling its customers information to data aggregators. It isn't sustainable

akaChadThundercock

Let's go with Dutch Bros instead of Starbucks then. BROS has similar margins to HITI and is very much not built to be a 3rd space. They trade at over 4x p/s as a retailer. I get it's apples to oranges no matter where we compare, but there's are plenty of retailers trading at much higher multiples than HITI. I get your comparison to tobacco, but there's a ton of differences there too. Tobacco products are sold in gas stations and convenience stores, something that's a long time away for weed. So weed is more like liquor in that regard. There are no small scale tobacco farmers in the developed world as far as I'm aware(could be wrong). The money is in the cpg, and farming the commodity works because of the scale. Eventually there will be consolidation and an Altria of weed will appear, but I don't see that happening before a retailer dominates the space.

the_mammynun

No one is talking about LPs. HITI is not an LP.

GeoLogic23

How many indoor grows do you think HITI operates?

the_mammynun

Glad to offer a new perspective. Consider HITI for low cost exposure to Canadian retail and cannabis exports to Europe. You've doubled up on the US market which I don't think is necessary. Personally I would swap TLRY before GTII but I understand if you want exposure to a meme stock. Last rally TLRY went up 300%. Apparently, fundamentals don't matter at all. 

the_mammynun

Trulieve should have stayed in Florida. Their numbers never recovered after the harvest acquisition. However I see promise there because of how efficiently they scale in their home state. I think they will convert successfully to rec when the time comes. For now I don't hold the stock. OP never mentioned investing in LPs. He mentioned HITI, which is a retailer and German importer that also markets its own white label brands. I hold the stock. I don't invest in LPs either. I dont see any long term upside to investing in growers, which is also why I don't like the MSO model as it stands today. I would be more interested in a pure play US retailer, or a pure play US CPG company. (Think Wyld/Grön)

the_mammynun

Skip GTII, they really aren't as well built as people think, despite profitability. Too many fragmented markets, too vulnerable for disruption. HITI and TRUL dominate their respective markets. 

_viixxx

Looking to put some cash in today - I work in the medical cannabis industry in Australia but this is my first time investing. I’m thinking 50% HITI, 25% GTII and 25% TRUL. Any advice much appreciated :)

akaChadThundercock

I think its the best explanation for why HITI has such little volume compared compared to its peers. HITI has more revenue in its retail operations than SNDL has in retail and grow ops combined, yet has a fraction of the volume. I try to avoid expecting anything. Expectations are just delayed disappointment lmao. But Q2 really depends on remexian and how much the bottleneck in Portugal has been resolved. If it's fully resolved? It'll be a crazy good Q. But I doubt its fully resolved so it'll probably be solid but not enough to drive the price up a significant amount 

akaChadThundercock

I think HITI really suffers from not falling into the same categories as others in the space. Its not an MSO or LP, so people interested in weed are less interested in a straight retailer. And people interested in healthy, growing retailers don't want to touch it because of weed. 🤷‍♂️

Ok-Technology-3023

I'm thrilled to see someone mentioning High Tide. $HITI makes up a little over 50% of my portfolio/retirement. I have purchased shares as low as $1.36 and will commit to holding it until it revisits it's former $14 highs or experiences a 200% gain in a month or less similar to what $VFF did several month ago. This stock is truly undervalued.

akaChadThundercock

Super bullish on HITI and frankly pretty bearish on most other names in this space. Why HITI over others? They're actually growing.  3 consecutive years of positive free cash flow. Their only competition in retail are SNDL and FIKA. FIKA is privately owned and has around 100 stores. They don't play in the discount space so not huge competition to HITI's model. SNDL's latest earnings showed they are doing nothing to outcompete HITI. They bought out the largest German importer by market share and have a clear competitive advantage over other importers. HITI can source product from a ton of LPs due to their relationship as the largest buyer of cannabis in Canada and because there is no conflict of interest as they aren't a producer themselves. Other importers mostly just have a connection with a single LP. As Europe opens up, the sheer variety and biomass that HITI will be able to move will exceed any individual LP. Their biggest catalyst they need is profitability, but growing costs money and that cost cannibalizes their EPS. It's also very much a GARP, and not a tech company that can exponentially increase their revenue in a short time frame. They trade below .5 P/S while others in this space are trading anywhere up to 5x that. Starbucks didn't get huge by growing beans. Anheuser-Busch didn't get big by growing barley. The money isn't in commodities, the money is in asset-lite retailers and cpg.

Visual-Try-8081

For me, GTI has the cleanest balance sheet in the entire space. If you’re planning to rotate some, keep in mind that they report Q1 earnings tomorrow after the close (could go either way). GTI is my main position. After that, my second and third largest positions are HITI and MSOX. I still hold a small position in TLRY because I’m betting on their European expansion. I just hope Irwin stops diluting the hell out of everyone.

the_mammynun

HITI also owns a German importer with approximately 15% share of the market and set to grow. You should update yourself on their strategy in Europe and will see that HITI's vision goes far beyond Canadian retail.

ComprehensiveArmy451

I own $MILI / $GSR / $HERB / $WEED and $HITI... i feel like Herb right now is trading insane volume. of all my holdings its my favorite at the moment. So much happening, i think we could see this graduate from penny land sooner then later. The consistent IR communication from herb is baffling, never really seen it on these smaller markets. something is clearly up

Russticale

I did until yesterday when I bought leaps for a 2028 call spread.  Company has turned the corner and has angles into US market (and assets there) all ready to roll once they get the federal green light. I like HITI too for the dispensary brick and mortar play.  

Den923

HITI - High Tide and Green Thumb GTII

akaChadThundercock

I have a small SNDL position that I sold CCs against. I'm mostly interested to see how many shares of HITI they still own but I'm not really expecting anything especially good or bad from their earnings. The company is fine and honestly much healthier than most that get mentioned here, but they've also never shown an ability to grow organically.

Half-Sole

$HITI long run seems boom

CompletelyLost3

HITI

Maximum-Tone164

Of this sector, HITI is the most consistent.

Visual-Try-8081

IMO you should buy now, unless you have the magic ball as some guys here. Check GTBIF and HITI.

WilliamBlack97AI

Hiti is the ticker simbol -> $HITI SUL NASDAQ

akaChadThundercock

I would hope they have a smoking gun or this press release is not a good look.  Its definitely within the realm of possibility when you see SNDL's ever changing amount of HITI shares. But even then, if there's no coordination between multiple parties, then anyone who isn't an insider can buy or sell, long or short, whenever they want as far as I'm aware.

akaChadThundercock

Good point and I dont disagree. The opportunity cost is real. For me, I'm only invested in HITI because it trades at ~.4 P/S, has grown in revenue every year, has 3 straight years of positive cash flow, and its major operations only operate in legal environments(Canada and Germany). Still above my cost basis of $2.23 for now and may add more if it drops below that again. Some people will time the market and make a pretty penny on the bounces, but I wouldn't touch any of the US companies with a ten foot pole tbh.

mc_snails

yikes thats interesting news, HITI a leaky ship i guess.

AlternativePlastic89

I think HITI just shot themselves in the foot with their PR about investigating market manipulation of their stock on the same day MJ rescheduling is announced. Statements like this always bring a taint of slight shadiness to the story. Would have been much better to just do the forensic investigation they are talking about in the background and then announce the results if it actually bears fruit with action from regulatory agencies.

CK000001

Did HITI just rugpull?

haole_bi

Hope so I bought HITI (formerly fitx) well over a decade ago and have only been poking it with a stick

Maximum-Tone164

Be mindful. YCBD is going to be tricky. The shorts dumped, taking profit. It got down to around it's coverage price before the price went up, which means they might have bought in low to have profit on the rise, then dump again to take profit, which would ultimately scare people off, after seeing two dumps. I still think it will go up. Just thought I'd share my thoughts on it. Also, HITI is consistent and sound in this sector.

ComprehensiveArmy451

$HITI a no brainer i go to canna cabbana when i dont order online from Herbal dispatch

Narradisall

Alas by the time I have funds it’ll be Friday so I’m probably missing out on getting in good there. Was considering HITI though I got burnt on it before!

Narradisall

HITI has been on my watch list ever since its original pennystock days when it was HITIF. I got burned on it back then, but as a business it’s held up well over the last 5 years. Still think there needs to be more support for weed stocks and banking to really help with institutional investment. They always end up getting beaten down again.

Bubbly_Window_3393

I appreciate the warning bruva, in YCBD and HITI, considering IMCC too

johnnyshots22

Good time to get in HITI. Trump going to reclassify weed . Once it's officially announced it should go along with other weed stocks.

unhitchedordadtrying

HITI makes sense - unsure on others

Ateyo94

BIG NEWS [https://www.axios.com/2026/04/22/trump-marijuana-rule-change](https://www.axios.com/2026/04/22/trump-marijuana-rule-change) The finalized rule change is generally viewed as a **major positive catalyst** for High Tide’s stock price. While the immediate reaction in the market often involves a "pop" based on sentiment, there are several fundamental reasons why this is considered a "Strong Buy" scenario by many analysts. # 1. The "280E" Effect (Profitability) The single biggest driver for the stock price is the removal of the IRS Section 280E tax burden. * **The Math:** Historically, cannabis companies have been taxed on *gross profit* rather than *net income* because they couldn't deduct normal business expenses (like rent or payroll). * **Impact on HITI:** Removing this tax barrier effectively "unlocks" millions in cash flow. Analysts look for this to transition HITI from "ebitda positive" to "true net profitability," which typically leads to a higher stock valuation. # 2. Institutional "De-Risking" Many large investment funds, pension plans, and banks have internal rules preventing them from investing in "Schedule I" industries. * **Capital Inflow:** Moving to Schedule III reclassifies cannabis as a substance with "accepted medical use." This allows institutional investors to finally enter the space. * **Price Support:** More "big money" buying the stock usually leads to higher prices and less of the extreme volatility often seen in the cannabis sector. # 3. Valuation Gap (The "Catch-Up" Play) As of early 2026, High Tide has been noted by firms like Zacks and InvestingPro as being **undervalued** compared to its peers. * While HITI’s revenue has grown consistently, its stock price hasn't always kept pace with its operational success. * Federal rescheduling acts as the "starting gun" for a sector-wide re-evaluation. Analysts have maintained price targets (often around the **$5.00 USD** range) that suggest significant upside from current levels once the federal "stigma" is removed. # 4. The "Hemp-to-Cannabis" Pivot High Tide already has a massive footprint in the U.S. via its CBD and consumption accessory brands (NuLeaf Naturals, Grasscity). * The stock price reflects expectations that HITI can now easily convert its existing U.S. customer base and infrastructure into full-scale cannabis retail (Canna Cabana) with much lower legal risk. # Summary: Is it "Good"? * **Short-Term:** Historically, these announcements cause a **10%–30% surge** in a single day as retail investors rush in. * **Long-Term:** It is viewed as **very bullish**. It fixes the "broken" tax model and allows for a massive expansion into the U.S. market, which is High Tide's primary growth target. **Note on Market Timing:** While the news is fundamentally good, the market often "buys the rumor and sells the news." If the stock has already run up significantly in anticipation of the April 22nd announcement, some short-term traders might sell to lock in profits. However, from a long-term investment perspective, the structural changes (taxes and legal status) are objectively positive for the company's value.

rpez89

HITI is a good company regardless of any exec orders, it’s a solid business with nice fundamentals, a retail subscription based model still valued as a cannabis stock, it’s due a re-rating from these levels

Mauiiwows

Find a micro cap that makes 0 sense on why it’s so cheap, park money and forget. Cannabis has been awfully quiet, may I recommend a company trading below rev and still growing, $HITI. 🤔 or maybe a bullish energy play on a Canadian energy company or do what the rich are doing to hedge against the dollar and park er in mstr. 👌

No_Love_Gained

A couple of years ago I held close to 100k commons of HITI at an avg of 2.30 cad and I sold it all when it was above 3 and moved most of it into MSOs and it's been a very painful journey since. One of my biggest lessons learnt. Not to chase the shiny lights that are away when you are holding one already...glta

akaChadThundercock

I spent ~$170k on HITI. 76,000 shares, $2.23 cost basis. Up a bit now but that may change lol Long and strong 💪