HITI

Equivalent_Smell_325

the rumors I heard is that they are thinking buying HITI or ACB

the_mammynun

Looks like another great quarter.. actually owned this at 0.75 and sold it at break even to buy more HITI. It took off a few months later meanwhile HITI is more or less flat. Congrats to the team and to shareholders who held through the fud. I always liked management and their brands though it's hard to see it constantly outperform my HITI.

No_Love_Gained

Agreed on your observation and it seems (mini hype cycles) to be the way this sector has been operating since Aug 2023. Early on in Jan this year I was expecting something concrete to emanate by the end of Jan/Feb, but given how this has played out so far I have very little faith of seeing anything substantial before June. I am still open to buying though this period but only for quick swings and don't plan to add to my core positions (except GTI, OGI and HITI) until we see something more tangible. Glta

FoodCooker62

Quarter ended september 2024... CGC has 93.9 million shares outstanding Now its around 450 million. Casual 500% increase in 1.5 years.  Company is still worth half a BILLION. More than Auxly + HITI combined and another 100 million because fuck it. The sector is such a meme hole its crazy. 

Ok-Technology-3023

High Tide Inc. I’m just gonna be straight up. This isn’t some balanced, diversified take. $HITI is about 70% of my entire portfolio right now, so take that for what it is. I’ve done a ton of digging on this and I genuinely think this has a real shot at $15+ by 2030 if things even go halfway right. The biggest thing people are missing is that this is not just a Canadian retail weed company anymore. That’s how it’s still being priced, and I think that’s the disconnect. The Remexian deal in Germany completely changed the story and I don’t think the market has caught up yet. Germany legalized in 2024 and it’s already the biggest medical market in Europe. Demand is ramping fast and they still rely heavily on imports. High Tide now owns 51% of a distributor that’s already moving serious volume into that market. That means they’re not just selling weed in stores anymore, they’re sitting inside the supply chain of Europe’s most important cannabis market. That’s a very different position than most of these companies that are still stuck fighting for margin in Canada. And the bigger picture here is Europe itself. This feels a lot like Canada before legalization where people knew it was coming but didn’t really price it in until it was obvious. Germany goes first and then other countries start following their framework. You’re already seeing early movement in places like Switzerland and France. If Europe opens up more broadly over the next few years, the companies that already have infrastructure and distribution there are going to be in a completely different tier. High Tide didn’t wait around for that, they’re already planted. Then you’ve got the U.S. as a kind of wildcard on top of everything. If Democrats take control again and we get movement on SAFE or rescheduling, the entire sector probably re-rates fast. Right now cannabis stocks are still treated like dead money and institutions mostly stay away. That doesn’t take much to change, and when it does, money tends to move quickly. What I’m really watching is Q3. That’s where I think things could start to click. You should start seeing more meaningful contribution from the Germany side, and that’s when the story might shift from “this is just another retailer” to “this is actually becoming a global player.” If that shows up clearly in the numbers, I think people start paying attention. I’m not in this for a quick flip. I’m in it because I think this is one of those setups where you look back in a few years and wish you had just held. The combination of international expansion, growing revenue, and being in a sector that’s still pretty hated is exactly the kind of thing that can produce outsized returns. There are definitely risks. Europe could take longer than expected, regulation is always messy with cannabis, and the market can ignore a good story for a long time. And yeah, having 70% of your portfolio in one stock is objectively aggressive. I get that. But I’m comfortable with it. I think the upside is worth it. Most people just aren’t looking here yet. That’s kind of the whole point.

the_mammynun

It's interesting because of their cash but I don't like that so much of their business is tied up in alcohol retail, growing, and sunstream. I don't dislike the CEO but I don't like how they've deployed capital.  HITI is less capitalized but I feel they've been executing better and the remexian deal could be huge for them. Market discount is proportional to SNDL.

Visual-Try-8081

For HITI, check this: [Zacks Q1 2026 High Tide report is out! $5 price target. : r/HighTideInc](https://www.reddit.com/r/HighTideInc/comments/1s55syu/zacks_q1_2026_high_tide_report_is_out_5_price/) [RATING BUY FROM Haywood Capital with 8$ P.T : r/HighTideInc](https://www.reddit.com/r/HighTideInc/comments/1s0qq32/rating_buy_from_haywood_capital_with_8_pt/) [Buy rating From ATB with 7$ Cad Price target : r/HighTideInc](https://www.reddit.com/r/HighTideInc/comments/1rydati/buy_rating_from_atb_with_7_cad_price_target/) May be better than just my gut.

Visual-Try-8081

Do you think GTBIF and HITI are fairly valued? HITI is doing \~$500M in revenue, growing double digits, trading around \~0.5x sales. GTBIF is generating $1B+ in revenue with positive cash flow, and also owns RYTHM, their THC beverage line, a category that in my view, isn’t going anywhere long term, especially with ongoing lobbying pressure building. That’s before any impact from 280E relief, S3, or uplisting. If that’s “fair value”, then the market is pricing in zero margin expansion and no structural change, which seems pretty extreme. But sure, nothing burger 👍

the_mammynun

I do go to company filings but personally I also like to hear from the CEO as much as possible. Conference calls are great but in a fast moving industry they are not enough. Raj Grover of HITI is going to be on today and personally I gain a lot of insight from his in-person interviews that you simply can't get otherwise.

the_mammynun

The CBD program is going to include hemp derived THC products up to 3mg per dose. The federal government is essentially starting a medical cannabis program partially covered by medicare. If this goes down like Germany or Canada, online telemedicine clinics will help people get enrolled, and hemp derived THC products will be shipped legally across state lines to a local pharmacy or direct to door.  MSOs will have plenty of time to adjust their strategy to take part in this program but the immediate publicly traded winners are CWEB and potentially HITI.

Visual-Try-8081

My conviction is intact. Buying more GTI, HITI and MSOs on Monday.

Significant-Power651

What about HITI?

Maximum-Tone164

HITI is the only weed stock worth holding long

the_mammynun

Attack the argument not the person. I never compared HITI to coca cola. 

Visual-Try-8081

I am going to wire transfer some more. I know in 2 years' time I will be kicking myself in the nuts for not investing a bit more. My positions are: GTBIF, HITI, some MSOX (3usd average) and a bit of TLRY.

the_mammynun

HITI is a rare opportunity in the sector where margins start low and increase over time. In all other cases (Growers, MSOs), the inverse will be true due to commoditization of cannabis and US legislative changes removing barriers to entry which currently protect MSO margins. HITI is building something to last.

Ok-Technology-3023

High Tide $HITI just reported record earnings today 

whhs55

HITI... now thats a ticker I havent thought about in a while. Nice little AH run

the_mammynun

They've already had net profitable quarters. Twice in 2024, and once in 2025. Hopefully we're closer than ever to consistent net profits. Q4 2025 actually was net profitable by $1.5M before some asset impairments and changes in fair value of warrants. HITI has been free cash flow positive for 3 straight years.

Gambit2112

any love for $HITI on here ?

Narradisall

HITI earnings play was…. Ok. Good business performance but was hoping for a better stock pump on it AH. Ah well. May hold for a bit as I’m green.

the_mammynun

HITI earnings today after market. We're hoping for C$170m revenue and positive net income. $5m+ FCF would be ideal however due to higher capex relating to Remexian I'm not counting on it.  It's exciting. Hopefully those who missed out on CWEB will come to see that HITI is in a strong position to benefit from the executive order as it pertains to CBD. They offer some of the highest quality products at the best prices.

Narradisall

Looks like HITI earnings play might actually pay off. Here’s hoping it pushes beyond $3

the_mammynun

Everyone forgets that HITI owns one of the premier CBD companies in the US, Nuleaf Naturals. 

Narradisall

Going to waste money with a HITI earnings play next week. Bookmark this comment so you can take the piss later when I lose money.

Mauiiwows

$HITI on Tuesday. 😉

the_mammynun

Like I said, VFF is an efficient operator, so is LOVE. They are the exceptions not the rule when talking about growers. HITI generated $12m cad FCF in the entire year, but they reinvest a lot in working capital. They opened 27 new stores organically and bought a German distributor this year.  All I'm saying is long term HITI has more stable growth avenues. VFF will always be a grower and that makes them sensative to commoditization risk as global supply opens further. HITI will be there to manage distribution and sales no matter who is supplying the market.

gdren

I mean... cool theory but I'm looking at the cash flow numbers and it sure seems like the producers are generating the majority of the cash flow at this point in Canada. VFF just generated $15m USD this past quarter from their Canadian operations. How much did HITI generate?

the_mammynun

Like I said VFF is an efficient operator, I just don't see the value long term in growing cannabis. HITI's ecosystem, despite lower margins today is a much larger opportunity in my opinion because they define the shopping experience and can generate high margin revenue streams from data sales, shelf space, advertisement, in-house brands, paid membership, etc.. all while becoming a household name for the consumer and a must-have partner for every LP in Canada. When you consider Remexian and the global import/export market , HITI's opportunity for sales and margin growth becomes even more pronounced. They are positioning themselves as a critical piece to the success of the entire industry. In time, they will be invaluable. 

gdren

HITI is a retailer so while their sales are higher, their margins are lower because they need to buy products from companies like VFF to sell. VFF makes way more money from their sales. You can't compare revenue for retailers vs producers

the_mammynun

Look great but VFF is one of the few companies in the sector who has already had a deserved and massive run up in share price. Why would I pay 2x sales on VFF when I can pay 0.4x sales for HITI? End of day VFF is a grower albeit an efficient one.. I think there are bigger opportunities at steeper discounts.

Visual-Try-8081

That's the reason I have my money in debt free companies, like GTI and HITI.

the_mammynun

Agreed. I'm not pitching OGI as an investment, I only mentioned them due to their "caliber". They conduct themselves like a mature enterprise. Overall you're right that consumers only care about the highest THC at the lowest price. I don't invest in growers because there is simply too much competition and the costs of growing are too high. HITI sells their own brand called Queen of Bud. They source the cannabis from LP partners to develop their brands just like in any other mature industry. That's a model I can get behind. 

the_mammynun

Oh I see, you're saying the when *US* regulations change, HITI could be acquired by US money.  HITI is a federally legal operator in Canada, the US, and Germany. I don't see why any existing US regulations would prevent an acquisition today. The precedent has already been set by BAT. I think the reason HITI hasn't already been acquired boils down to: 1) Raj won't settle for less than $1-2B which is viewed as expensive in the current market. 2) HITI is an increasingly complex business that requires specialized skillset beyond traditional brick and mortar. Current management is critical to continued success. It's not a "set it and forget it" asset. Once Raj can get a reasonable valuation on a minority ownership I think he'll take the bait.

No_Love_Gained

I didn't say it'll negatively affect HITI, but instead, it'll likely be bought out by big money. They haven't been bought out yet just cos of the existing regulations. Regarding your q on regulation change, I think it's only a matter of time before there's enough lobbying for a review of existing regulations. Once the big boys start seeing how this is a sustainable business, they'll spend enough to lobby for a change.

the_mammynun

What makes you think retail regulations in Canada will be altered in a way that negatively affects HITI's model? 

No_Love_Gained

> Unfortunately, their financials are problematic and BAT will likely acquire them before shareholders have a chance to profit.  It is still a very good play. If acquired, you get BAT equity in return, so there are no issues there. To your point re HITI, their brick and morter model only works in canada cos of the existing regulations. Once that regulation is altered, they'll likely be acquired as well. Raj needs a big war chest to make an entry into US (if and when regulations allow), and he's missed the boat when they unlisted. It's going to be hard for him to enough cash without giving away a substantial amount of equity. Btw I love HITI and have been bull on this one since 2021. I had projected them crossing 600 mill revenue by 2025/26 back in '21 and they've consistently almost all of my targets.

the_mammynun

It's an ugly, ugly sector. Most people here are fooling themselves if they think the MSO model in its current form has any staying power.  My advice is to stay away for 10 years if you are mainly interested in investing in the US. There's a lot of disruption and hard reality still to come due to the large patchwork of state-run programs. Some of the best companies out there aren't even public. (Wyld/Grön comes to mind) However if you're interested in the global, and federally legal market it would be worth considering HITI for your portfolio. They have 220 retail stores in Canada and a German import business. Both segments control 12-14% share of their respective markets. They've been free cash flow positive for 3 years and even have some inroads to the US CBD industry through their subsidiaries Nuleaf Naturals and Fab CBD. Personally I wouldn't invest in growers Canadian or US. Cannabis is a commodity and farmers will always be the last to profit in the long term once markets mature and prices stabilize.  Check out what OGI is doing and their relationship to BAT. OGI probably has the closest thing in the industry to a futuristic CPG portfolio. Unfortunately their financials are problematic and BAT will likely acquire them before shareholders have a chance to profit.  For the love of God stay away from CGC and TLRY.

Narradisall

Bought some HITI a couple of weeks back. Another two weeks until earnings and hoping it’ll run up till then. It has pumped well on earnings before but also dropped, so will be seeing how that plays out. No recommending a buy or anything, but mentioning it so I can either come back later to say how it turned out in a couple of weeks. So far, so good. Still watching ATCH but who ever was mentioning it hasn’t been doing so great. Dropped through resistance to new lows. Almost tempted to throw a few hundred at it to see how it pans out. Missed EONR a couple of weeks back by 0.015 so unlucky on that one!

the_mammynun

My bad, I just loaded up on more HITI

Visual-Try-8081

GTI and HITI seem very profitable for me

Narradisall

HITI is one I still keep on my watch list. It really does fly under the radar because the whole weed sector got beat down to a pulp and there’s a lot of dross in it. Still HITI actually seems to be holding up well and continuing to expand. It has made some poor purchasing decisions but seems to have stopped diluting to make acquisitions all over the shop. Had a nice run recently but seems to be pulling back. I’ll be watching its upcoming earnings with interest.

WilliamBlack97AI

Personally I look High Tide inc. Cowen reiterates BUY $HITI with a $6.50 price target calling it the clear leader in Canadian cannabis retail. • Scale. • Membership moat. • Margin expansion ahead. One of the few cannabis retailers consistently gaining share while competitors retrench. https://preview.redd.it/esons2lepkmg1.png?width=985&format=png&auto=webp&s=bca85ff34381750379b7e6cae9b4a89477e24d9d

WilliamBlack97AI

Cowen reiterates BUY $HITI with a $6.50 price target calling it the clear leader in Canadian cannabis retail. • Scale • Membership moat • Margin expansion ahead One of the few cannabis retailers consistently gaining share while competitors retrench. $cost of #cannabis Buy a lot , very undervalued right now based on its current fundamentals

FoodCooker62

Cost them $70M Usd and expected growth didnt materialize. Comparing to HITI's CBD business as a comparison... I will give props to VFF because BHB mostly had flat sales instead of full on implosion like HITI, so kudos to BHB management. But the goodwill writedowns poisoned the income statement for years. Hindsight is 20/20 but if they just diluted for cash and kept it over the years they would have avoided the disastrous share issuance of 2022 (which netted them only half of what BHB cost and caused warrant overhang until this very day) 

rjd777

$HITI

WilliamBlack97AI

High tide inc https://x.com/i/status/1849423404920693067. Cowen reiterates BUY $HITI with a $6.50 price target calling it the clear leader in Canadian cannabis retail. • Scale • Membership moat • Margin expansion ahead One of the few cannabis retailers consistently gaining share while competitors retrench.

Forest_City_Frolfer

Did something new and decided to consolidate all my cannabis holdings. Instead of having a whole bunch of small positions. I now only have a very large position in Auxly, and a small position in VFF and LOVE. I previously had some HITI, some CRON, some GTI, some OILS, some ROMJ. But I think the best strategy is to pick the one you are the most confident in. We shall see how it goes when the annual fins for Auxly come out next month.

the_mammynun

HITI does not produce their own cannabis and is not an LP. They buy cannabis from partner LPs and use it to develop their own products..meaning the 25% rule doesn't apply here.  The $5m is low because it was queen of bud's first year. They are ramping up SKUs and brand awareness. 

CannaVestments

I said "largely" prevents because it differs by region. Ontario which is by far the biggest market for HITI has a law that limits Licensed Producer ownership in retail stores to just 25% so there are significant limitations of how much they can produce themselves and sell through their own stores. BC is at 20% in similar fashion. Hence why they did just $5M in those brands- a drop in the bucket relative to the overall business. Nowhere comparable to what Costco does with Kirkland

Late_Indication1996

Ya, I have a lot invested in HITI. The comparison always seemed off. I think it is a good company, with solid management.

GuyOnTheCouch420

compare to the multiple that HITI paid for remexian (2.9x ebitda IIRC) and Cronos paid for Candelar (2.4x ebitda IIRC). Those were ebitda multiples not revenue and are close to the revenue multiple OGI paid before the 100% earnout! Feels like BAT had to invest at a premium to convince OGI to do this.

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.