HITI

Muzungukichaa

You're forgetting High Tide - $HITI They're Canada's largest cannabis retail chain that acquired Remexian a German cannabis distribution channel. With this they now account for roughly 16% of all Canadian flower being imported into Germany. Take a look, big things to come. https://preview.redd.it/8yyx3hv136jg1.png?width=1228&format=png&auto=webp&s=d898617a5ed41af1ebd40e279b212ad0a9883a8a

the_mammynun

Definitely. Personally I lost hope this week as I don't think Bondi or the DEA care to expedite this. It could be sitting on her desk until the next federal election. As far as I'm concerned this will only happen if Trump himself doubles down. Glad I only hold HITI but no S3 means flat/downtrend for all canna stocks.

the_mammynun

HITI still delivering strong results. Another user said it, don't invest in agriculture stocks, Canadian , or US.

SwordfishOk504

>The article is paywalled for me, but as a large HITI investor I understand the current state of affairs in Germany very well and you (and possibly the writer of this article) are misinterpreting the situation. I know nothing will convince you as you are on a FUD spreading mission but I hope others will read my previous comment and verify it for themselves. Have a good day. Bud. Why are you commenting on an article you admit you didn't read? Is this cannabis executive also spreading "FUD"? lmao: FTA: >>“If this law were to be enacted in its current form, the cannabis industry would collapse by half,” said David Henn, chief executive officer of Cannamedical Pharma GmbH, a Cologne-based cannabis wholesaler.

the_mammynun

The article is paywalled for me, but as a large HITI investor I understand the current state of affairs in Germany very well and you (and possibly the writer of this article) are misinterpreting the situation. I know nothing will convince you as you are on a FUD spreading mission but I hope others will read my previous comment and verify it for themselves. Have a good day.

SwordfishOk504

Benefit? This is about the government's efforts to roll back access through telemedicine. If they succeed, it would significantly impact all the companies selling in that market. So Canadian companies like HITI, OGI, Canopy, Aurora, and many others.

the_mammynun

Check out HITI, they don't rely on the US government to take action and have years of growth runway ahead in Canada and in Europe.

the_mammynun

HITI is the only logical play. MSO investors are waiting for a miracle when realistically MSOs havent grown more than 20% in the past 4 years. Meanwhile HITI has grown over 250%. Now with the European import business the growth potential is endless.

steph31199

HITI is down almost 50% in the past 6 months and just posted a huge loss. You’re right about Buffet. It’s why he’s not invested in any weedstocks…

Helmdacil

Warren Buffett argues that quality companies should be bought and held forever, or until the thesis/story changes, or until the price is no longer attractive. Now weedstocks are mostly trash, shit tier companies. HITI is one of the very few that is not simply burning investor money with empty promises. So you are almost entirely right about the sector. From the perspective of a taxable account, the only time its a good idea to sell is if you are relatively certain that a 25%+ drop in share price is coming and you can time the top and bottom. It is possible to do that for a while. But if you just buy at a cheap price and hold you can't miss. Don't forget, its the stock brokers who want you to buy and sell. They make money every time you submit a purchase or sell order. Even for your free account with no transaction fees, this only exists because someone is paying for the information of what you are buying/selling. It is very difficult to time the "top" of something like hiti. Most cannabis stocks are trading together, fair enough, based upon momentum and politics, but while most cannabis stocks are down 80-90% from 5 years ago, HITI is actually positive.

StarMaker7

Can you tell me what's so great about OGI. was thinking about buying some HITI

Wide_Gur_9963

Can you please give me a brief summary on why you like RYM? $14 looks interesting but I've been also looking at HITI more recently. Have the obvious GTII already fully loaded

SAMElawrence

High Tide (HITI) investors might be interested to see \[their latest earnings in historical context\](https://www.reddit.com/r/HighTideInc/comments/1qtyyad/hiti\_q425\_numbers\_in\_historical\_context/).

MrBroker004

HITI is the real Canadian sleeper

the_mammynun

HITI is a long term hold. This is a buying opportunity. 

figuring_ItOut12

The last month or three has involved a lot of HITI pumping. Hope you all came out ok...

the_mammynun

Yeah of course there is the existential threat to retail if grocery stores (but especially gas stations) ever get into cannabis retail. For the moment though this is highly unlikely in Canada due to current regulations and market over-saturation. For example, a dispensary has to be its own separate unit and cannot be within another store. They need to have a security person at the entrance as well to age-gate. Frankly I don't think it would even be a good look for a grocery brand. Politically cannabis is not widely appreciated in the way that wine or beer is, and we've only begun permitting those products in grocery stores recently (with alcohol limits). Even so, liquor can only be bought at liquor stores, and specialty beer stores are still the best option for regular drinkers. Luckily HITI has diversified their offering with Remexian just in case but I imagine we have a good 20+ years before cannabis makes its way to grocery stores, if ever. It would probably be more realistic that Loblaws acquires High Tide if ever they wanted to get into the space. 

Helmdacil

light years is a distance not a time. But you have to admit, HITI runs an efficient machine. With 25% margin they are generating FCF and expanding 10% a year. With such tight margins, you have to imagine that margins are more likely to increase rather than decrease. HITI runs the margins as they do because they are throttling their competition, starving the life out of them, one town and one block at a time. The HITI ceo has mentioned that in the small towns, once competition is defeated, margins increase somewhat. I think the point of the argument is this: As t approaches 20 years, will HITI be competing against US MSO's. Yes. It is inevitable. If you did purchase a stock based on a buy-it-and-hold-it-forever mentality, you would choose hiti. Now maybe you think that a 5 year timeframe is plenty. But, we return to FCF and operational risk. Which has more? You say Trulieve. I think HITI's 5-year potential is greater. But that is okay :)

the_mammynun

I don't care about EBITDA, I care about free cash flow, which HITI has remained positive for 3 straight years. The US isolationist model is **not sustainable**. Eventually MSOs will have the face the reality that HITI has been facing for years. It's not a question of which model is "better" for operators, its a question of which is realistic long term. US companies are not ready for the real world of competition because they've been sheltered. I admitted that GTII is well run despite an unsustainable model. Though GTII does not represent all MSOs.

Loose-Dream7901

They operate in a fully legal framework and are still barely net income positive (if at all), HITI margins are terrible. Being ebidta positive isn’t a high horse. The US state isolationist model fantastic for companies, the idea that Canada has done it better is purely for consumers not actual profitable companies

Wharebadjer

LAES, HITI, BLNE. Dont plan om selling these for a long time

Wharebadjer

HITI

FoodCooker62

Yeah, anxious to hear something as well. HITI will have another earnings report just over a month from now. Their core business works and they produce cash, so they can afford a few missteps. my hope (and my bet by holding these shares) is that they learned from their past mistakes and that now, hopefully forged by fire, they are taking another shot at expansion outside of their core market. But if this turns into another CBD or e-commerce misadventure I will likely sell my shares. Cant be long on a position where i dont trust management to responsibly manage my money, no matter how much is like the core brick&mortar business. I've been following the german market closely and there is still a lot of regulatory uncertainty with many aspects of the medical cannabis program. Its growing explosively, this is true, but there still remains tremendous uncertainty with regards to the framework in which these companies operate. Both of my cannabis holdings (HITI and VFF) have solid core businesses but got hosed by acquiring expensive (and ultimately worthless) CBD assets. This has directly muted my returns on these stocks so it sits deep with me. Just some rant like thoughts.

No_Love_Gained

> CBD acquisitions This was for all CBD players (incl the likes of CWEB) and may change fairly quickly with new CBD legislations in the pipeline HITI needs to strat showcasing their US and UK cbd brands more cos that's going to be the next big cpg play. Glta

the_mammynun

The German import market is booming and profitable. Their 50% stake in remexian adds ~$50m/year to High Tide's top line, and that's before 2026 market growth + leveraging HITI's Canadian relationships. The E-commerce and CBD acquisitions in 2020 were definitely a mistep, but they have delivered with Queen of Bud more recently. Also, the original founding team of Remexian is still at the helm as 50% partners. High Tide won't be going at this alone. 

the_mammynun

Big day for HITI shareholders. Not optimistic on near term stock performance but I think this will be a big quarter for top line, and transformative for how the market views the company as an international operator. 

the_mammynun

HITI earnings tomorrow. I'm expect a modest $588m CAD revenue for the year with positive free cash flow of around $14m. EPS will surely be negative due to non cash losses totalling $5m in Q1 and Q2. Remexian is the wild card. Q4 will include 2 months of Remexian numbers, of which HITI owns a 50% stake.

the_mammynun

They also have a German import arm. Unlikely that canada will move cannabis to convenience stores anytime soon but now HITI is diversifying their model internationally.

No_Love_Gained

ACB, Auxly, OGI, and HITI have all closed the gap. Glta

Visual-Try-8081

January 29, HITI quarterly report. These prices are too good. Watch out.

ohnolookoutitsantoni

HITI all day. Crazy undervalued

the_mammynun

Definitely look into HITI. This is really the "next-gen" name in cannabis. They operate 218 retail stores in Canada under the "Canna Cabana" brand, as well as a German import business called "Remexian". They are typically free cash flow positive and have earnings coming up this Thursday after market. The CEO is the original founder and largest shareholder. Very driven and well spoken. Creative, competent team.

the_mammynun

Had a bunch of stock here at $0.75, sold it to buy more HITI. Since then LOVE has almost tripled and HITI still flat.

FoodCooker62

From the top of my head a quick list of companies based on cash flow, a solid balance sheet, organic revenue growth, no excessive dilution:  Canada: HITI, VFF, Rubicon, Decibel, perhaps Auxly  US: GTBIF, TCNNF, perhaps Cresco.  There's almost certainly more but these are the ones i have some experience with analyzing. Im not well known wirh US MSOS. Avoid the meme names like CGC, TLRY like the plague. 

No_Love_Gained

Best non-MSO - Tie between HITI and OGI Best MSO - Cresco

the_mammynun

I don't know why anyone would get into the farming business. Why are commodity businesses trading a premium to companies like HITI. At least pure play retailers won't get wiped out due to a single bad crop or ICE raid of their illegal workers.

AlternativePlastic89

HITI earnings call 1/29. Good potential for a significant beat.

the_mammynun

When you only invest in HITI there is lots to be excited about between Canada and Germany. The US is irrelevant and would simply be the cherry on top if they ever do decide to make progress.

akaChadThundercock

Decided to average up my HITI position. Now sitting at 75,000 shares at $2.23. 💪 Looking forward to the ER in 2 weeks and maybe some rocket emojis shortly after

zapbundles

$HITI https://hightideinc.com/presentation/

Visual-Try-8081

Why do you need to call to excercise? I excercised some HITI calls yesterday from the web. I have not tried other brokers, but I am using IBKR since July and I have 0 complaints. Can buy everything I want, at any time (after market, premarket) and they have fine prices. 

Twist_of_Fate_44

Yours is one of the weakest pump attempts I've seen on this board in sometime now Without looking, I'm gonna guess that you're 'invested' in Auxly .. but maybe have some SNDL, TLRY or HITI too??

akaChadThundercock

Good stuff. My opinion: The moat: Selling memberships is where the similarities with Costo start and end. Totally different business model. That said, they have more of a moat than just about anyone else in this space. Their only real retail competitor has not shown any ability to out compete canna cabana and the majority of stores in Canada are mom and pops. Plenty of room to grow there. Financials: positive cash flow while growing organically. 29 more stores in 2024, 27 in 2015 for a ~16% and ~13% store growth respectively. Those stores were also a drag on the bottom line until they built their customer base. I think Raj said that takes about 9 months on average. German (not so)wildcard: Germany is an import market and Remexian is the largest importer. Having to go solely through pharmacies would definitely slow growth at minimum, but the product has to come from somewhere and HITI is best built to be the supplier. Linking a comment I made about this below. https://www.reddit.com/r/weedstocks/comments/1msdgd2/comment/n9df203/?context=3&utm_source=share&utm_medium=mweb3x&utm_name=mweb3xcss&utm_term=1&utm_content=share_button I'll answer your question at the bottom with a question of my own. What's better: a big tiddy goth gf or swinging a claw hammer full force into your nutsack?

Kbarbs4421

That's what makes so little sense. The equities reportedly subject to this restriction (SNDL, VFF, and HITI) are among the lowest risk in the cannabis sector. Strange.

Visual-Try-8081

Hoping HITI to kill it again

benderok37

Why would people invest into $CGC or $TLRY if there is better players? Such as $HITI, OGI, ACB, SNDL? I am sure some people will say that ACB also not that good, but if you look at their last 2 year perfomance, you will see they did a good progress. Cleaned balance sheet, debt free, 3% or so dillution, growing medical cannabis etc. 

FoodCooker62

It's a meme stock in a meme sector. It can do anything. It is astounding that its worth as much as Auxly, VFF, OGI, HITI, Cannara and Decibel combined when any of these companies are operationally far stronger and more trustworthy. 

Russticale

Feels like the old days where US cannabis reform is sooner than ever and TLRY is getting hyphe from earnings to jump start the up trend. $1.50 Calls expiring today on CGC might print.  I snagged that hoping for the sympathy play.  Also added some april/june calls for HITI, and SNDL.  Liquidity hits the listed canadian stocks first, so hoping to ride that wave and roll profit back into US names.  Hoping today sparks the uptrend.  Stocks looking ready, nice to see some structure after a 5 year sled ride.

the_mammynun

Buy HITI

the_mammynun

Check out HITI. TLRY is a joke around here.

Many_Easy

You expect me to do homework for you and I’m free not to address your questions. Tilray has diversity with Lloyd Brathwaite and Prinz Pinakatt. HITI’s leadership is primarily all Asian. Also, my initial comment was regarding HITI and you brought Tilray to the conversation. I’m not interested in “whataboutism” type of discussions.

Many_Easy

I didn’t say it was “a big issue.” I said HITI lacked diversity and it was a red flag. FYI - I am pro-diversity.

Many_Easy

That’s because it’s very obvious with HITI. I also say to my wife how much I like vacationing in Italy and I don’t mention Spain at all.

Many_Easy

Who said that Tilray is diversified? I certainly did not make such a statement. HITI is definitely not diversified at senior level.

the_mammynun

Don't miss out on HITI. Great buying opportunity ATM since it didn't rally hard like the rest of the sector on trump news and is down significantly from recent highs. Yet the business has never been stronger and the market cap still very out of touch with fundamentals.

SwordfishOk504

HITI is down 15% for the year

Gambelero

I think people here have seriously overestimated how much S3 will help Canadian companies. You can’t import cannabis from Georgia to Florida or Oregon to California. LPs won’t be able to import their stuff either (other than possibly for federally sanctioned research). What they will be able to do is import their system of operation in individual states. I’ve completely lost faith in the management system for Tilray and Canopy. I don’t see them going into Florida and competing with Trulieve, Illinois and competing with Green Thumb, California and competing with 8000+ growers there, HITI might be different. Their system of retail operation, built by a good management team, might work in the U.S. in states with non-vertical regulatory systems.

SpecificImpossible45

As soon as you say anything positive about HITI you’re labeled a paid pumper lol

the_mammynun

Yep and HITI still trading at 0.5x revenue. Biggest play in the sector and nobody seems to care.

benderok37

All Canadian companies red (CGC, ACB, HITI, OGI, TLRY, SNDL) yet, American MSOS green, big green...  Any explanation? 

the_mammynun

High Tide (HITI) is the best Canadian / international company in the sector.

Visual-Try-8081

Take a look at HITI too

Optimal-Report-1000

No HITI is not the same they are a pure cannabis company.

CompletelyLost3

HITI

Love2Garden860

So do you mean, a “sell the news” type of scenario. Because that’s the reality of the sector. Investors, (the real players) are taking profits and us little guys get stuck holding the bags, again. 🤷🏼 HITI & SNDL are both good companies with solid fundamentals, our day will come! Even if it’s taking longer than we hoped

the_mammynun

Yes HITI investors think that because for years the stock was sold off significantly every single time we posted a record quarter. It's as if someone was trying to suppress any positive momentum in the stock. Hopefully in the future SNDL will not "play games" with our stock and will stick to regular "for-profit" investing / trading. 

Love2Garden860

That seems to be a common claim with HITI investors, but maybe SNDL is just looking to free up some cash for their own operations or acquisitions. Profit taking is something we all try to do. So when a competitor sees an opportunity and takes advantage, it doesn’t make them the bad guy. When HITI stock dips down it doesn’t mean there’s manipulation. When you have large institutional investors accumulating SNDL in the most recent quarters, like Morgan Stanley, JP, Morgan, Citadel, and others it just confirms that they are making the right moves.

Russticale

Ready to be absolutely smoked again.  But going long here and going to be trading less.  2 year old plus another comin in Feb, gotta focus on what matters.   Calls for HITI, SNDL in april 2026.  Shares of MariMed, a little MSOX. Ill check in on the boys from time to time.

the_mammynun

SNDL trades HITI to sabotage share price movements. They owned up to 10% recently but now it's closer to 4%. Have fun with that exposure.

Visual-Try-8081

I thought things were going to change in this sector after the S3 EO. I think many of us thought that way. Just a few weeks ago, we were craving an S3 EO. MSOS pumped to over $6 simply because Trump posted a CBD video. But now that we actually have the S3 EO, MSOS dumps? Make it make sense. After Thursday’s blatant manipulation, I decided to trim my MSOS position and start buying the underlying stocks instead. Right now, I’m focused only on GTBIF, Tilray, and some HITI. See you next year when the next rumor hits.

Maximum-Tone164

I will stay in HITI. Monitor IOVA, CRDF, FUBO, LAES. Keep in mind, tons of options expired Friday. So it could be a very interesting day. It's end of the year profit taking, while also setting up for new year plays.

the_mammynun

Please stop pumping garbage. We're already stuck with other meme stocks like TLRY and CGC.  Take a look at HITI if SNDL attracts you. They have a lot of similar assets but better management and financials.  HITI = Smart, organic growth SNDL = Thoughtless dilution-driven M&A with lots of cash.

CompletelyLost3

HITI

Maximum-Tone164

Yes, those two are more long term plays for me. As is HITI. The bio are more in and outs until I see what's what. IOVA is one of the most shorted stocks, so it's risky.

Maximum-Tone164

I will stay in HITI. Monitor IOVA, CRDF, FUBO, LAES. Keep in mind, tons of options expired Friday. So Monday could be a very interesting day. It's end of the year profit taking, while also setting up for new year plays.

jgooody

Ya, I'm eyeing HITI as well. GL

Russticale

Yea the chop around and hold on friday was some confirmation we might have a chance here.  I think some canadian names showed relative strength, HITI has my eye, curious if it holds up next week.

Dew_Master_Flash

For anyone who wants investing/portfolio ideas, here is my split below. This is not a pump or dump, I do not care if you buy or sell, as I will be holding long term: NLCP: 43% In my view, the safest way to invest in the space with a 12% dividend, no debt, and a CEO who actually knows what he's talking about in regards to the space. It has traded sideways a long time as the market for some reason doesn't price for rescheduling even though it will allow for expansion of companies in the portfolio and more need for companies like NLCP to build infrastructure. GTBIF: 30% In my view, best NA MSO with reasonable debt to cash to market value ratio. Valuation has gone up 50% since the rescheduling news, and while I do think it has a lot of room to grow if news and action continues, the valuation has caught up making it not as cheap. Still feels like the only mso to own if you are investing long term and want a company to hold forever. HITI 22% Best canadian company cannabis wise. Again, reasonable debt with growth prospects abroad and within the context of Canada. Was undervalued for so long and the valuation has finally caught up. Worried if the European prospects don't work out and rescheduling stalls, that there growth will also stall. Team feels good and the valuation is still very low compared to the meme stocks of Canada VEXTF 5% Just started investing in this company, growth is better than the vast majority of the industry, and the valuation is still very reasonable so it deserves 5%.

Great_Molasses_4601

IGC isnt under a delisting threat due to its market cap, but it doesnt have the pressure to reach a 1$ like TLRY or HITI has to. Thats why I choose to accumulate that over HITI, its just generally cheaper; and doesnt rely on the recreational side of cannabis.

Maximum-Tone164

I will watch IGC. At the moment, what separates the two is HITI will not need a RS. TLRY is horribly managed and needed RS, so now people look at the price and it's terrible misleading.

Great_Molasses_4601

Well HITI has the stronger run dont get me wrong, Its just not the ONLY weed stock that has reliable swings. Definitely should be a first pick though.

Maximum-Tone164

The only weed affiliated weed stock that remained in the green is HITI. For years, it has been the most consistent in that sector, as they were well positioned with or without reclassification. Monitor if, you're are looking for long term.

whhs55

Bought some more HITI this morning. will be interesting to see what happens around 1:30 today

CarlsDinner

Yeah I'm not super worried about HITI when it's in the $2.80's and I can hold shares. People playing options on this are really in the casino

Mauiiwows

HITI … 2.1mill+ memberships 251 stores and in the birth of their international expansion beginning in Germany and still trades below rev. If I’m not mistaken too they’ve been posting positive free cash flow .. but yes a lot of marijuana companies are in speculative territory.

Late_Indication1996

Agreed to all. I'll plug HITI because thats my holding and they arent showing any signs of slowing down tthheir expansion.

heliumbox

TLRY and CGC up bigly. CRON SNDL VFF HITI all hardly moving despite drastically better financials. Sector is so memey

Maximum-Tone164

I will continue to hold HITI as I have been. It's the only long term weed affiliated stock that has been consistent, with or without rescheduling.

LifeEfficiency8272

HITI - High Tide is your 100x play!!

the_mammynun

I never said HITI grows cannabis, and the fact that they don't is one of their biggest strengths. They do however develop their own brands from other LP weed. Also, SNDL is primarily a retailer just like HITI. Yes they acquired Valens but the majority of their revenue comes from alcohol and cannabis retail.

the_mammynun

Zach George said publicly that it was to enhance SNDL's cash flows. I think there's more to it than that. HITI is SNDL's largest and most formidable competitor. While SNDL may own some production assets today (Valens), retail is in their DNA. They have already acquired certain alcohol retail brands, Nova cannabis stores (ValueBuds), and Inner Spirit Holdings (SpiritLeaf). It's no question that Canna Cabana is their largest threat especially because they both play in the discount segment. 

Late_Indication1996

As a HITI holder, hoping we can ride the wave with some HITI news in the US. We do have CBD operations down there which may help.

Maximum-Tone164

As it pertains to the promise of weed reclassification, be mindful. He promised in about "two weeks" at least two months ago. "Two weeks" has always been his go to. We're stilling waiting on his health plan "in two weeks" from his first administration. Though I hope it happens, we must be aware that bringing it up again can merely be a way for him to manipulate the stock for his Florida weed donors. That said, I've been long on HITI for a long time. It is consistent and well placed for any change, while still growing without it. Again, be cautious. Trusting anything he has to say is always short-lived, at best.

ApostleThirteen

SNDL actually GROWS WEED. HITI produces unneeded glass and plastic refuse in what's primarily a novelty and discount market for cannabis. They don't grow cannabis.

the_mammynun

George has been using SNDL's cash position to buy HITI stock either into weakness or in dark pools, and then selling into every bit of news that should be positive for HITI. For two years he would dump 100s of thousands of shares directly after HITIs best earnings reports, crashing the stock. George was suspected of this long before it became obvious, when he surpassed the 5% ownership threshold and had to formally report SNDL's ownership. Since then he bought up to 10% of the company and has since sold 50% of that position.  It is thought that he suppresses HITI stock to fatigue investors and limit opportunities for M&A, while also generating profit for SNDL on the trades. 

mc_snails

My bets are on $TLRY $HITI and $HERB/$LUFF TILRAY's management keeps me up at night a bit as a long term holder though, HERBAL DISPATCH I see the possibility of a crazy run and their last 4 months of news has me very confident, I also order their stuff all the time. Exports being a huge catalyst here. HIGH TIDE probs the safest play of the 3, when i don't buy from HERB I usually go to Canna the next cheapest option

sdkiko

Yes, I did. VFF, HITI and CRON. But they are small positions ($1-2k) invested in each. My VFF average is $0.78 usd. My GTII investment was 10x as big.

Maximum-Tone164

Yes, this is definitely a Florida play meant to line the pockets of his donors. I will be surprised if they reclassify. He always does an "in about two weeks," then people move on, then he'll say it again, when needed. He did the same thing in his first administration on healthcare. Have you heard his plan yet? That said, I've been long with HITI, so either way. I feel confident.

Maximum-Tone164

HITI

RogueJello

HITI's a good answer. I've thought about it on and off, and it seems well run. The other two I'll have to look into further, but it appears you're correct, and they've turned the corner on profitability.