Conservative estimates: 126 million EBITDA in 3 years 12% EBITDA margin in Canada only, not counting Germany, CBD, UK, Us. etc.
https://hightideinc.com/presentation/
Just bricks and mortar.
The high tide is coming...
Although imports are down from Q4 as expected, Remexian is gaining momentum and scale, in Q2 and Q3 imports to Germany will increase with conservative estimates around 250-300 tons this year.
From my sensei.
https://x.com/i/status/2055250236348551226.
The market may soon begin to price the company beyond being a "cannabis penny stock" and instead becoming a highly efficient retail operator. Strengthening KPIs suggest that current growth is sustainable and less dependent on speculative factors than in the past.
Still think $HITI is vastly undiscovered.
“As we approach 100 stores in Ontario and 222 stores nationally, we continue to focus on profitable and disciplined expansion that enhances our competitive advantages and deepens our connection with consumers. We believe our differentiated retail model and growing Cabana Club ecosystem position us to further consolidate market share in Canada’s largest cannabis market,” added Mr. Grover.
The acquisition could transform GME into a $100 billion giant in the long term.
The cost saving advantages have already been presented
Coeh has already proven himself in turning gme from a declining loss-making position into a profitable company, his vision has always been long-term
Opinion ?
HITI currently has over 2.5 million members across Canada, with a long-term goal revised upwards to 4 million from 2.5 million, which has already been exceeded.
Market share reached an all-time high, confirming the superiority of HITI’s $Cost model, which makes it unique compared to its peers.
Raj’s goal is to convert at least 40% of those members into Elite members!
If we assume 4 million subscribers, from the current 2.5 million, we’ll have 1.6 million Elite members with a 40% conversion.
Recurring revenue from paid members alone would exceed $64 million, at a cost of $40 per year, but I expect the price to increase in the coming years as competition decreases and HITI gains pricing power, while also increasing GMS.
Elite/white label inventory will increase from the current 2% to 25-30%, effectively altering the future GMS resulting from this change (3-4 years).
When Hiti raises the price of Elite and White Label memberships, GM will increase significantly. At the current valuation with 70 million in high-margin recurring revenue by 2030 (Only from ELITE)...if you have a 10-year horizon, it is not financial advice, but buying $HITI shares can turn out to be the best decision imo
Furthermore, an Elite customer, just like an Amazon Prime customer, will make repeat purchases and contribute to greater revenue for the company.
Don’t measure a company built over decades with a quarterly time horizon.
Canna Cabana remains the preferred destination for consumers as data shows:
High Tide is the company with the most data available in its sector of any other. This allows it to anticipate consumer trends and develop white-label products in line with current trends.
An overlooked aspect is that the company managed the crisis in BC when the strike broke out last September, causing a 55% drop in sales in the province, due to the strikes in provincial shops.
HITI took advantage of this opportunity to increase its market share in BC; with only eight stores, it is now the most well-known chain in the province!
A hallmark of efficiency in logistics and management
In the past, the company built 20 to 30 stores each year.
Now, the situation is changing. A member here made the comparison citing Nike’s early days in the 90’s when it couldn’t meet short-term demand because it didn’t have enough capital to buy more inventory, which is very good news. It means demand for canna cabana products is skyrocketing, while competitors are going out of business.
As sales and scale increase, demand increases and so does capital expenditure in the short term.
Currently, Hiti is prioritizing market share, building loyalty among its members, and patiently waiting for most of its competitors to exit the market (currently over 3,600 dispensaries in Canada).
Current estimates for the European medical market, which I think very few people are really aware of, are around a 60 billion € market by 2030, much larger than the current American one.
France is implementing measures to implement cannabis in the national health system
In summary:
• Most data rich cannabis company in Canada, and potentially out of Canada. This will lead to white lable products tailored directly to consumer’s wants. Overtime increasing profit margins.
• market share continues to grow , Raj is in talks with large chains: blocks of 40+ stores
• Same store sales up 151% in last 4 years vs -14% for average operator. This demonstrates a clear competitive edge and executional acumen by High Tide. “Stay tuned, this year will have some M&A”
• Convert 40-50% of current loyalty members to Elite, leading to over 1M members. Elite paid membership creates a more loyal and sticky client, while generating thick margins through membership subscriptions
• Remexian “...its going to be a massive contributor to our financial profile”
2 Tons purchased and landing in March, at about 50% less than what Remexian was paying. Multiple deals coming *inbound*. Remexian will do 4-5 tons per month in the near future.
• Significant *inbound* interest from large American operators for licensing or other deals. “Things are looking brighter and brighter”
High Tide is running on all cylinders. Its hard to diversify when the company keeps delivering like this
Latest presentation https://hightideinc.com/presentation/
HITI currently has over 2.5 million members across Canada, with a long-term goal revised upwards to 4 million from 2.5 million, which has already been exceeded.
Market share reached an all-time high, confirming the superiority of HITI’s $Cost model, which makes it unique compared to its peers.
Raj’s goal is to convert at least 40% of those members into Elite members!
If we assume 4 million subscribers, from the current 2.5 million, we’ll have 1.6 million Elite members with a 40% conversion.
Recurring revenue from paid members alone would exceed $64 million, at a cost of $40 per year, but I expect the price to increase in the coming years as competition decreases and HITI gains pricing power, while also increasing GMS.
Elite/white label inventory will increase from the current 2% to 25-30%, effectively altering the future GMS resulting from this change (3-4 years).
When Hiti raises the price of Elite and White Label memberships, GM will increase significantly. At the current valuation with 70 million in high-margin recurring revenue by 2030 (Only from ELITE)...if you have a 10-year horizon, it is not financial advice, but buying $HITI shares can turn out to be the best decision imo
Furthermore, an Elite customer, just like an Amazon Prime customer, will make repeat purchases and contribute to greater revenue for the company.
Don’t measure a company built over decades with a quarterly time horizon.
Canna Cabana remains the preferred destination for consumers as data shows:
High Tide is the company with the most data available in its sector of any other. This allows it to anticipate consumer trends and develop white-label products in line with current trends.
An overlooked aspect is that the company managed the crisis in BC when the strike broke out last September, causing a 55% drop in sales in the province, due to the strikes in provincial shops.
HITI took advantage of this opportunity to increase its market share in BC; with only eight stores, it is now the most well-known chain in the province!
A hallmark of efficiency in logistics and management
In the past, the company built 20 to 30 stores each year.
Now, the situation is changing. A member here made the comparison citing Nike’s early days in the 90’s when it couldn’t meet short-term demand because it didn’t have enough capital to buy more inventory, which is very good news. It means demand for canna cabana products is skyrocketing, while competitors are going out of business.
As sales and scale increase, demand increases and so does capital expenditure in the short term.
Currently, Hiti is prioritizing market share, building loyalty among its members, and patiently waiting for most of its competitors to exit the market (currently over 3,600 dispensaries in Canada).
Long term target, in my opinion, is 500+ stores in Canada which Raj does not want to state his number, because he prefers to raise the target once it has been reached
BIG NEWS :
BC will double its store limit, perhaps to 32 next year, after what happened with the strikes.
HITI will have 32 stores in BC in the long term. Imagine the unpriced revenue from that province! (In reality, nothing is priced by the market at this price.)
Canna Cabana is showing the provinces that where its stores are located, the illicit market is significantly declining, and the data shows it.
It’s possible , This is just my opinion, that in the future (in a few years), Ontario will further raise the limit to 200 stores, and provinces with government-run stores will allow HITI to open (ex. Quebec).
Raj has a clear vision that the cannabis market could exceed 7 bln in Canada in 2-3 years from today
Remexian will make a significant contribution to the business model in the future.
Hiti’s leverage and scale have allowed the company to purchase tons of medical cannabis at a 40% discount compared to Remexian.
This will have a significant impact on Q3 financial figures.
The company is evaluating projected sales in the UK, a rapidly growing market, expected in H2. Remexian will play a role at the European level.
As Raj has said in the past: “Germany will only be a gateway to Europe. Remexian will be recognized globally within 10 years and will also ship to Australia.
Current estimates for the European medical market, which I think very few people are really aware of, are around a 60 billion € market by 2030, much larger than the current American one.
https://thetalmangroup.com/frances-potential-cannabis-market-is-valued-at-8-3-billion/
France is implementing measures to implement cannabis in the national health system
In summary:
• Most data rich cannabis company in Canada, and potentially out of Canada. This will lead to white lable products tailored directly to consumer’s wants. Overtime increasing profit margins.
• market share continues to grow , Raj is in talks with large chains: blocks of 40+ stores
• Same store sales up 151% in last 4 years vs -14% for average operator. This demonstrates a clear competitive edge and executional acumen by High Tide. “Stay tuned, this year will have some M&A”
• Convert 40-50% of current loyalty members to Elite, leading to over 1M members. Elite paid membership creates a more loyal and sticky client, while generating thick margins through membership subscriptions
• Remexian “...its going to be a massive contributor to our financial profile”
2 Tons purchased and landing in March, at about 50% less than what Remexian was paying. Multiple deals coming *inbound*. Remexian will do 4-5 tons per month in the near future.
• Significant *inbound* interest from large American operators for licensing or other deals. “Things are looking brighter and brighter”
High Tide is running on all cylinders. Its hard to diversify when the company keeps delivering like this
Latest presentation https://hightideinc.com/presentation/
HITI currently has over 2.5 million members across Canada, with a long-term goal revised upwards to 4 million from 2.5 million, which has already been exceeded.
Market share reached an all-time high, confirming the superiority of HITI’s $Cost model, which makes it unique compared to its peers.
Raj’s goal is to convert at least 40% of those members into Elite members!
If we assume 4 million subscribers, from the current 2.5 million, we’ll have 1.6 million Elite members with a 40% conversion.
Recurring revenue from paid members alone would exceed $64 million, at a cost of $40 per year, but I expect the price to increase in the coming years as competition decreases and HITI gains pricing power, while also increasing GMS.
Elite/white label inventory will increase from the current 2% to 25-30%, effectively altering the future GMS resulting from this change (3-4 years).
When Hiti raises the price of Elite and White Label memberships, GM will increase significantly. At the current valuation with 70 million in high-margin recurring revenue by 2030 (Only from ELITE)...if you have a 10-year horizon, it is not financial advice, but buying $HITI shares can turn out to be the best decision imo
Furthermore, an Elite customer, just like an Amazon Prime customer, will make repeat purchases and contribute to greater revenue for the company.
Don’t measure a company built over decades with a quarterly time horizon.
Canna Cabana remains the preferred destination for consumers as data shows:
High Tide is the company with the most data available in its sector of any other. This allows it to anticipate consumer trends and develop white-label products in line with current trends.
An overlooked aspect is that the company managed the crisis in BC when the strike broke out last September, causing a 55% drop in sales in the province, due to the strikes in provincial shops.
HITI took advantage of this opportunity to increase its market share in BC; with only eight stores, it is now the most well-known chain in the province!
A hallmark of efficiency in logistics and management
In the past, the company built 20 to 30 stores each year.
Now, the situation is changing. A member here made the comparison citing Nike’s early days in the 90’s when it couldn’t meet short-term demand because it didn’t have enough capital to buy more inventory, which is very good news. It means demand for canna cabana products is skyrocketing, while competitors are going out of business.
As sales and scale increase, demand increases and so does capital expenditure in the short term.
Currently, Hiti is prioritizing market share, building loyalty among its members, and patiently waiting for most of its competitors to exit the market (currently over 3,600 dispensaries in Canada).
Long term target, in my opinion, is 500+ stores in Canada which Raj does not want to state his number, because he prefers to raise the target once it has been reached
BIG NEWS :
BC will double its store limit, perhaps to 32 next year, after what happened with the strikes.
HITI will have 32 stores in BC in the long term. Imagine the unpriced revenue from that province! (In reality, nothing is priced by the market at this price.)
Canna Cabana is showing the provinces that where its stores are located, the illicit market is significantly declining, and the data shows it.
It’s possible , This is just my opinion, that in the future (in a few years), Ontario will further raise the limit to 200 stores, and provinces with government-run stores will allow HITI to open (ex. Quebec).
Raj has a clear vision that the cannabis market could exceed 7 bln in Canada in 2-3 years from today
Remexian will make a significant contribution to the business model in the future.
Hiti’s leverage and scale have allowed the company to purchase tons of medical cannabis at a 40% discount compared to Remexian.
This will have a significant impact on Q3 financial figures.
The company is evaluating projected sales in the UK, a rapidly growing market, expected in H2. Remexian will play a role at the European level.
As Raj has said in the past: “Germany will only be a gateway to Europe. Remexian will be recognized globally within 10 years and will also ship to Australia.
currrent estimates for the European medical market, which I think very few people are really aware of, are around a 60 billion € market by 2030, much larger than the current American one.
https://thetalmangroup.com/frances-potential-cannabis-market-is-valued-at-8-3-billion/
France is implementing measures to implement cannabis in the national health system
In summary:
• Most data rich cannabis company in Canada, and potentially out of Canada. This will lead to white lable products tailored directly to consumer’s wants. Overtime increasing profit margins.
• market share continues to grow , Raj is in talks with large chains: blocks of 40+ stores
• Same store sales up 151% in last 4 years vs -14% for average operator. This demonstrates a clear competitive edge and executional acumen by High Tide. “Stay tuned, this year will have some M&A”
• Convert 40-50% of current loyalty members to Elite, leading to over 1M members. Elite paid membership creates a more loyal and sticky client, while generating thick margins through membership subscriptions
• Remexian “...its going to be a massive contributor to our financial profile”
2 Tons purchased and landing in March, at about 50% less than what Remexian was paying. Multiple deals coming *inbound*. Remexian will do 4-5 tons per month in the near future.
• Significant *inbound* interest from large American operators for licensing or other deals. “Things are looking brighter and brighter”
High Tide is running on all cylinders. Its hard to diversify when the company keeps delivering like this
Latest presentation https://hightideinc.com/presentation/
i am very long term in this company
Thanks for reading
HITI currently has over 2.5 million members across Canada, with a long-term goal revised upwards to 4 million from 2.5 million, which has already been exceeded.
Market share reached an all-time high, confirming the superiority of HITI’s $Cost model, which makes it unique compared to its peers.
Raj’s goal is to convert at least 40% of those members into Elite members!
If we assume 4 million subscribers, from the current 2.5 million, we’ll have 1.6 million Elite members with a 40% conversion.
Recurring revenue from paid members alone would exceed $64 million, at a cost of $40 per year, but I expect the price to increase in the coming years as competition decreases and HITI gains pricing power, while also increasing GMS.
Elite/white label inventory will increase from the current 2% to 25-30%, effectively altering the future GMS resulting from this change (3-4 years).
When Hiti raises the price of Elite and White Label memberships, GM will increase significantly. At the current valuation with 70 million in high-margin recurring revenue by 2030 (Only from ELITE)...if you have a 10-year horizon, it is not financial advice, but buying $HITI shares can turn out to be the best decision imo
Furthermore, an Elite customer, just like an Amazon Prime customer, will make repeat purchases and contribute to greater revenue for the company.
Don’t measure a company built over decades with a quarterly time horizon.
Canna Cabana remains the preferred destination for consumers as data shows:
High Tide is the company with the most data available in its sector of any other. This allows it to anticipate consumer trends and develop white-label products in line with current trends.
An overlooked aspect is that the company managed the crisis in BC when the strike broke out last September, causing a 55% drop in sales in the province, due to the strikes in provincial shops.
HITI took advantage of this opportunity to increase its market share in BC; with only eight stores, it is now the most well-known chain in the province!
A hallmark of efficiency in logistics and management
In the past, the company built 20 to 30 stores each year.
Now, the situation is changing. A member here made the comparison citing Nike’s early days in the 90’s when it couldn’t meet short-term demand because it didn’t have enough capital to buy more inventory, which is very good news. It means demand for canna cabana products is skyrocketing, while competitors are going out of business.
As sales and scale increase, demand increases and so does capital expenditure in the short term.
Currently, Hiti is prioritizing market share, building loyalty among its members, and patiently waiting for most of its competitors to exit the market (currently over 3,600 dispensaries in Canada).
Long term target, in my opinion, is 500+ stores in Canada which Raj does not want to state his number, because he prefers to raise the target once it has been reached
BIG NEWS :
BC will double its store limit, perhaps to 32 next year, after what happened with the strikes.
HITI will have 32 stores in BC in the long term. Imagine the unpriced revenue from that province! (In reality, nothing is priced by the market at this price.)
Canna Cabana is showing the provinces that where its stores are located, the illicit market is significantly declining, and the data shows it.
It’s possible , This is just my opinion, that in the future (in a few years), Ontario will further raise the limit to 200 stores, and provinces with government-run stores will allow HITI to open (ex. Quebec).
Raj has a clear vision that the cannabis market could exceed 7 bln in Canada in 2-3 years from today
Remexian will make a significant contribution to the business model in the future.
Hiti’s leverage and scale have allowed the company to purchase tons of medical cannabis at a 40% discount compared to Remexian.
This will have a significant impact on Q3 financial figures.
The company is evaluating projected sales in the UK, a rapidly growing market, expected in H2. Remexian will play a role at the European level.
As Raj has said in the past: “Germany will only be a gateway to Europe. Remexian will be recognized globally within 10 years and will also ship to Australia.
currrent estimates for the European medical market, which I think very few people are really aware of, are around a 60 billion € market by 2030, much larger than the current American one.
https://thetalmangroup.com/frances-potential-cannabis-market-is-valued-at-8-3-billion/
France is implementing measures to implement cannabis in the national health system
In summary:
• Most data rich cannabis company in Canada, and potentially out of Canada. This will lead to white lable products tailored directly to consumer’s wants. Overtime increasing profit margins.
• market share continues to grow , Raj is in talks with large chains: blocks of 40+ stores
• Same store sales up 151% in last 4 years vs -14% for average operator. This demonstrates a clear competitive edge and executional acumen by High Tide. “Stay tuned, this year will have some M&A”
• Convert 40-50% of current loyalty members to Elite, leading to over 1M members. Elite paid membership creates a more loyal and sticky client, while generating thick margins through membership subscriptions
• Remexian “...its going to be a massive contributor to our financial profile”
2 Tons purchased and landing in March, at about 50% less than what Remexian was paying. Multiple deals coming *inbound*. Remexian will do 4-5 tons per month in the near future.
• Significant *inbound* interest from large American operators for licensing or other deals. “Things are looking brighter and brighter”
High Tide is running on all cylinders. Its hard to diversify when the company keeps delivering like this
Latest presentation https://hightideinc.com/presentation/
i am very long term in this company
Thanks for reading
HITI currently has over 2.5 million members across Canada, with a long-term goal revised upwards to 4 million from 2.5 million, which has already been exceeded.
Market share reached an all-time high, confirming the superiority of HITI’s $Cost model, which makes it unique compared to its peers.
Raj’s goal is to convert at least 40% of those members into Elite members!
If we assume 4 million subscribers, from the current 2.5 million, we’ll have 1.6 million Elite members with a 40% conversion.
Recurring revenue from paid members alone would exceed $64 million, at a cost of $40 per year, but I expect the price to increase in the coming years as competition decreases and HITI gains pricing power, while also increasing GMS.
Elite/white label inventory will increase from the current 2% to 25-30%, effectively altering the future GMS resulting from this change (3-4 years).
When Hiti raises the price of Elite and White Label memberships, GM will increase significantly. At the current valuation with 70 million in high-margin recurring revenue by 2030 (Only from ELITE)...if you have a 10-year horizon, it is not financial advice, but buying $HITI shares can turn out to be the best decision imo
Furthermore, an Elite customer, just like an Amazon Prime customer, will make repeat purchases and contribute to greater revenue for the company.
Don’t measure a company built over decades with a quarterly time horizon.
Canna Cabana remains the preferred destination for consumers as data shows:
High Tide is the company with the most data available in its sector of any other. This allows it to anticipate consumer trends and develop white-label products in line with current trends.
An overlooked aspect is that the company managed the crisis in BC when the strike broke out last September, causing a 55% drop in sales in the province, due to the strikes in provincial shops.
HITI took advantage of this opportunity to increase its market share in BC; with only eight stores, it is now the most well-known chain in the province!
A hallmark of efficiency in logistics and management
In the past, the company built 20 to 30 stores each year.
Now, the situation is changing. A member here made the comparison citing Nike’s early days in the 90’s when it couldn’t meet short-term demand because it didn’t have enough capital to buy more inventory, which is very good news. It means demand for canna cabana products is skyrocketing, while competitors are going out of business.
As sales and scale increase, demand increases and so does capital expenditure in the short term.
Currently, Hiti is prioritizing market share, building loyalty among its members, and patiently waiting for most of its competitors to exit the market (currently over 3,600 dispensaries in Canada).
Long term target, in my opinion, is 500+ stores in Canada which Raj does not want to state his number, because he prefers to raise the target once it has been reached
BIG NEWS :
BC will double its store limit, perhaps to 32 next year, after what happened with the strikes.
HITI will have 32 stores in BC in the long term. Imagine the unpriced revenue from that province! (In reality, nothing is priced by the market at this price.)
Canna Cabana is showing the provinces that where its stores are located, the illicit market is significantly declining, and the data shows it.
It’s possible , This is just my opinion, that in the future (in a few years), Ontario will further raise the limit to 200 stores, and provinces with government-run stores will allow HITI to open (ex. Quebec).
Raj has a clear vision that the cannabis market could exceed 7 bln in Canada in 2-3 years from today
Remexian will make a significant contribution to the business model in the future.
Hiti’s leverage and scale have allowed the company to purchase tons of medical cannabis at a 40% discount compared to Remexian.
This will have a significant impact on Q3 financial figures.
The company is evaluating projected sales in the UK, a rapidly growing market, expected in H2. Remexian will play a role at the European level.
As Raj has said in the past: “Germany will only be a gateway to Europe. Remexian will be recognized globally within 10 years and will also ship to Australia.
currrent estimates for the European medical market, which I think very few people are really aware of, are around a 60 billion € market by 2030, much larger than the current American one.
https://thetalmangroup.com/frances-potential-cannabis-market-is-valued-at-8-3-billion/
France is implementing measures to implement cannabis in the national health system
In summary:
• Most data rich cannabis company in Canada, and potentially out of Canada. This will lead to white lable products tailored directly to consumer’s wants. Overtime increasing profit margins.
• market share continues to grow , Raj is in talks with large chains: blocks of 40+ stores
• Same store sales up 151% in last 4 years vs -14% for average operator. This demonstrates a clear competitive edge and executional acumen by High Tide. “Stay tuned, this year will have some M&A”
• Convert 40-50% of current loyalty members to Elite, leading to over 1M members. Elite paid membership creates a more loyal and sticky client, while generating thick margins through membership subscriptions
• Remexian “...its going to be a massive contributor to our financial profile”
2 Tons purchased and landing in March, at about 50% less than what Remexian was paying. Multiple deals coming *inbound*. Remexian will do 4-5 tons per month in the near future.
• Significant *inbound* interest from large American operators for licensing or other deals. “Things are looking brighter and brighter”
High Tide is running on all cylinders. Its hard to diversify when the company keeps delivering like this
Latest presentation https://hightideinc.com/presentation/
i am very long term in this company
Thanks for reading
ENTERPRISE MOMENTUM: THE SNOWBALL IS BUILDING
Land → Expand → Repeat
How Nextech Turns Initial Enterprise Wins Into Scalable Revenue
🔹 NEW ENTERPRISE CUSTOMERS CLOSED (THIS WEEK)
AbbVie
Global biopharmaceutical leader
• ~57,000 employees
• Operations in 170+ countries
• Ongoing internal, scientific, sales & partner events
➡ Enterprise‑grade validation with global expansion potential
Tapestry, Inc. (Coach • Kate Spade • Stuart Weitzman)
Global luxury fashion house
• ~19,000 employees
• Multi‑brand, multi‑region operations
• Recurring brand, retail & internal events
➡ One customer, multiple brands, multiple expansion paths
VT Industries
Leading North American manufacturer
• 1,000–5,000 employees
• 9 manufacturing facilities across the U.S. & Canada
• Sales, distributor & training events
➡ National footprint with repeat operational events
Weinstein Properties
Large multifamily real estate operator
• 20,000+ residential units
• 600+ employees
• Leasing, resident & regional corporate events
➡ Property‑by‑property expansion opportunity
🔹 WHY THIS MATTERS
✅ These are not one‑off events
✅ Each customer runs recurring, multi‑location events
✅ Every “land” creates built‑in expansion math
🔹 THE SNOWBALL EFFECT
1 Event
↓
Multiple Departments
↓
Multiple Locations
↓
Recurring Annual / Quarterly Events
This is how enterprise revenue compounds.
🔹 TAKEAWAY FOR SHAREHOLDERS
Enterprise momentum continues to build.
This week, Nextech closed four new enterprise customers — including AbbVie (57,000 employees) and Tapestry (Coach, Kate Spade, Stuart Weitzman) — validating our land‑and‑expand strategy across pharma, global retail, manufacturing, and real estate.
These organizations don’t run one‑off events. They operate recurring, multi‑location event ecosystems, creating natural expansion opportunities once we land.
This is how the enterprise snowball forms — and how scalable revenue is built.
Stay tuned….More to come…
Evan Gappelberg
CEO, Nextech3D.ai
HITI currently has over 2.5 million members across Canada, with a long-term goal revised upwards to 4 million from 2.5 million, which has already been exceeded.
Market share reached an all-time high, confirming the superiority of HITI’s $Cost model, which makes it unique compared to its peers.
Raj’s goal is to convert at least 40% of those members into Elite members!
If we assume 4 million subscribers, from the current 2.5 million, we’ll have 1.6 million Elite members with a 40% conversion.
Recurring revenue from paid members alone would exceed $64 million, at a cost of $40 per year, but I expect the price to increase in the coming years as competition decreases and HITI gains pricing power, while also increasing GMS.
Elite/white label inventory will increase from the current 2% to 25-30%, effectively altering the future GMS resulting from this change (3-4 years).
When Hiti raises the price of Elite and White Label memberships, GM will increase significantly. At the current valuation with 70 million in high-margin recurring revenue by 2030 (Only from ELITE)...if you have a 10-year horizon, it is not financial advice, but buying $HITI shares can turn out to be the best decision imo
Furthermore, an Elite customer, just like an Amazon Prime customer, will make repeat purchases and contribute to greater revenue for the company.
Don’t measure a company built over decades with a quarterly time horizon.
Canna Cabana remains the preferred destination for consumers as data shows:
High Tide is the company with the most data available in its sector of any other. This allows it to anticipate consumer trends and develop white-label products in line with current trends.
An overlooked aspect is that the company managed the crisis in BC when the strike broke out last September, causing a 55% drop in sales in the province, due to the strikes in provincial shops.
HITI took advantage of this opportunity to increase its market share in BC; with only eight stores, it is now the most well-known chain in the province!
A hallmark of efficiency in logistics and management
In the past, the company built 20 to 30 stores each year.
Now, the situation is changing. A member here made the comparison citing Nike’s early days in the 90’s when it couldn’t meet short-term demand because it didn’t have enough capital to buy more inventory, which is very good news. It means demand for canna cabana products is skyrocketing, while competitors are going out of business.
As sales and scale increase, demand increases and so does capital expenditure in the short term.
Currently, Hiti is prioritizing market share, building loyalty among its members, and patiently waiting for most of its competitors to exit the market (currently over 3,600 dispensaries in Canada).
Long term target, in my opinion, is 500+ stores in Canada which Raj does not want to state his number, because he prefers to raise the target once it has been reached
BIG NEWS :
BC will double its store limit, perhaps to 32 next year, after what happened with the strikes.
HITI will have 32 stores in BC in the long term. Imagine the unpriced revenue from that province! (In reality, nothing is priced by the market at this price.)
Canna Cabana is showing the provinces that where its stores are located, the illicit market is significantly declining, and the data shows it.
It’s possible , This is just my opinion, that in the future (in a few years), Ontario will further raise the limit to 200 stores, and provinces with government-run stores will allow HITI to open (ex. Quebec).
Raj has a clear vision that the cannabis market could exceed 7 bln in Canada in 2-3 years from today
Remexian will make a significant contribution to the business model in the future.
Hiti’s leverage and scale have allowed the company to purchase tons of medical cannabis at a 40% discount compared to Remexian.
This will have a significant impact on Q3 financial figures.
The company is evaluating projected sales in the UK, a rapidly growing market, expected in H2. Remexian will play a role at the European level.
As Raj has said in the past: “Germany will only be a gateway to Europe. Remexian will be recognized globally within 10 years and will also ship to Australia.
currrent estimates for the European medical market, which I think very few people are really aware of, are around a 60 billion € market by 2030, much larger than the current American one.
https://thetalmangroup.com/frances-potential-cannabis-market-is-valued-at-8-3-billion/
France is implementing measures to implement cannabis in the national health system
In summary:
• Most data rich cannabis company in Canada, and potentially out of Canada. This will lead to white lable products tailored directly to consumer’s wants. Overtime increasing profit margins.
• market share continues to grow , Raj is in talks with large chains: blocks of 40+ stores
• Same store sales up 151% in last 4 years vs -14% for average operator. This demonstrates a clear competitive edge and executional acumen by High Tide. “Stay tuned, this year will have some M&A”
• Convert 40-50% of current loyalty members to Elite, leading to over 1M members. Elite paid membership creates a more loyal and sticky client, while generating thick margins through membership subscriptions
• Remexian “...its going to be a massive contributor to our financial profile”
2 Tons purchased and landing in March, at about 50% less than what Remexian was paying. Multiple deals coming *inbound*. Remexian will do 4-5 tons per month in the near future.
• Significant *inbound* interest from large American operators for licensing or other deals. “Things are looking brighter and brighter”
High Tide is running on all cylinders. Its hard to diversify when the company keeps delivering like this
Overview on $Cost of #cannabis
i am very long term in this company
Thanks for reading, share if you like it
HITI currently has over 2.5 million members across Canada, with a long-term goal revised upwards to 4 million from 2.5 million, which has already been exceeded.
Market share reached an all-time high, confirming the superiority of HITI’s $Cost model, which makes it unique compared to its peers.
Raj’s goal is to convert at least 40% of those members into Elite members!
If we assume 4 million subscribers, from the current 2.5 million, we’ll have 1.6 million Elite members with a 40% conversion.
Recurring revenue from paid members alone would exceed $64 million, at a cost of $40 per year, but I expect the price to increase in the coming years as competition decreases and HITI gains pricing power, while also increasing GMS.
Elite/white label inventory will increase from the current 2% to 25-30%, effectively altering the future GMS resulting from this change (3-4 years).
When Hiti raises the price of Elite and White Label memberships, GM will increase significantly. At the current valuation with 70 million in high-margin recurring revenue by 2030 (Only from ELITE)...if you have a 10-year horizon, it is not financial advice, but buying $HITI shares can turn out to be the best decision imo
Furthermore, an Elite customer, just like an Amazon Prime customer, will make repeat purchases and contribute to greater revenue for the company.
Don’t measure a company built over decades with a quarterly time horizon.
Canna Cabana remains the preferred destination for consumers as data shows:
High Tide is the company with the most data available in its sector of any other. This allows it to anticipate consumer trends and develop white-label products in line with current trends.
An overlooked aspect is that the company managed the crisis in BC when the strike broke out last September, causing a 55% drop in sales in the province, due to the strikes in provincial shops.
HITI took advantage of this opportunity to increase its market share in BC; with only eight stores, it is now the most well-known chain in the province!
A hallmark of efficiency in logistics and management
In the past, the company built 20 to 30 stores each year.
Now, the situation is changing. A member here made the comparison citing Nike’s early days in the 90’s when it couldn’t meet short-term demand because it didn’t have enough capital to buy more inventory, which is very good news. It means demand for canna cabana products is skyrocketing, while competitors are going out of business.
As sales and scale increase, demand increases and so does capital expenditure in the short term.
Currently, Hiti is prioritizing market share, building loyalty among its members, and patiently waiting for most of its competitors to exit the market (currently over 3,600 dispensaries in Canada).
Long term target, in my opinion, is 500+ stores in Canada which Raj does not want to state his number, because he prefers to raise the target once it has been reached
BIG NEWS :
BC will double its store limit, perhaps to 32 next year, after what happened with the strikes.
HITI will have 32 stores in BC in the long term. Imagine the unpriced revenue from that province! (In reality, nothing is priced by the market at this price.)
Canna Cabana is showing the provinces that where its stores are located, the illicit market is significantly declining, and the data shows it.
It’s possible , This is just my opinion, that in the future (in a few years), Ontario will further raise the limit to 200 stores, and provinces with government-run stores will allow HITI to open (ex. Quebec).
Raj has a clear vision that the cannabis market could exceed 7 bln in Canada in 2-3 years from today
Remexian will make a significant contribution to the business model in the future.
Hiti’s leverage and scale have allowed the company to purchase tons of medical cannabis at a 40% discount compared to Remexian.
This will have a significant impact on Q3 financial figures.
The company is evaluating projected sales in the UK, a rapidly growing market, expected in H2. Remexian will play a role at the European level.
As Raj has said in the past: “Germany will only be a gateway to Europe. Remexian will be recognized globally within 10 years and will also ship to Australia.
currrent estimates for the European medical market, which I think very few people are really aware of, are around a 60 billion € market by 2030, much larger than the current American one.
https://thetalmangroup.com/frances-potential-cannabis-market-is-valued-at-8-3-billion/
France is implementing measures to implement cannabis in the national health system
In summary:
• Most data rich cannabis company in Canada, and potentially out of Canada. This will lead to white lable products tailored directly to consumer’s wants. Overtime increasing profit margins.
• market share continues to grow , Raj is in talks with large chains: blocks of 40+ stores
• Same store sales up 151% in last 4 years vs -14% for average operator. This demonstrates a clear competitive edge and executional acumen by High Tide. “Stay tuned, this year will have some M&A”
• Convert 40-50% of current loyalty members to Elite, leading to over 1M members. Elite paid membership creates a more loyal and sticky client, while generating thick margins through membership subscriptions
• Remexian “...its going to be a massive contributor to our financial profile”
2 Tons purchased and landing in March, at about 50% less than what Remexian was paying. Multiple deals coming *inbound*. Remexian will do 4-5 tons per month in the near future.
• Significant *inbound* interest from large American operators for licensing or other deals. “Things are looking brighter and brighter”
High Tide is running on all cylinders. Its hard to diversify when the company keeps delivering like this
Overview on $Cost of #cannabis
Latest presentation https://hightideinc.com/presentation/
i am very long term in this company
Thanks for reading, share if you like it
HITI currently has over 2.5 million members across Canada, with a long-term goal revised upwards to 4 million from 2.5 million, which has already been exceeded.
Market share reached an all-time high, confirming the superiority of HITI’s $Cost model, which makes it unique compared to its peers.
Raj’s goal is to convert at least 40% of those members into Elite members!
If we assume 4 million subscribers, from the current 2.5 million, we’ll have 1.6 million Elite members with a 40% conversion.
Recurring revenue from paid members alone would exceed $64 million, at a cost of $40 per year, but I expect the price to increase in the coming years as competition decreases and HITI gains pricing power, while also increasing GMS.
Elite/white label inventory will increase from the current 2% to 25-30%, effectively altering the future GMS resulting from this change (3-4 years).
When Hiti raises the price of Elite and White Label memberships, GM will increase significantly. At the current valuation with 70 million in high-margin recurring revenue by 2030 (Only from ELITE)...if you have a 10-year horizon, it is not financial advice, but buying $HITI shares can turn out to be the best decision imo
Furthermore, an Elite customer, just like an Amazon Prime customer, will make repeat purchases and contribute to greater revenue for the company.
Don’t measure a company built over decades with a quarterly time horizon.
Canna Cabana remains the preferred destination for consumers as data shows:
High Tide is the company with the most data available in its sector of any other. This allows it to anticipate consumer trends and develop white-label products in line with current trends.
An overlooked aspect is that the company managed the crisis in BC when the strike broke out last September, causing a 55% drop in sales in the province, due to the strikes in provincial shops.
HITI took advantage of this opportunity to increase its market share in BC; with only eight stores, it is now the most well-known chain in the province!
A hallmark of efficiency in logistics and management
In the past, the company built 20 to 30 stores each year.
Now, the situation is changing. A member here made the comparison citing Nike’s early days in the 90’s when it couldn’t meet short-term demand because it didn’t have enough capital to buy more inventory, which is very good news. It means demand for canna cabana products is skyrocketing, while competitors are going out of business.
As sales and scale increase, demand increases and so does capital expenditure in the short term.
Currently, Hiti is prioritizing market share, building loyalty among its members, and patiently waiting for most of its competitors to exit the market (currently over 3,600 dispensaries in Canada).
Long term target, in my opinion, is 500+ stores in Canada which Raj does not want to state his number, because he prefers to raise the target once it has been reached
BIG NEWS :
BC will double its store limit, perhaps to 32 next year, after what happened with the strikes.
HITI will have 32 stores in BC in the long term. Imagine the unpriced revenue from that province! (In reality, nothing is priced by the market at this price.)
Canna Cabana is showing the provinces that where its stores are located, the illicit market is significantly declining, and the data shows it.
It’s possible , This is just my opinion, that in the future (in a few years), Ontario will further raise the limit to 200 stores, and provinces with government-run stores will allow HITI to open (ex. Quebec).
Raj has a clear vision that the cannabis market could exceed 7 bln in Canada in 2-3 years from today
Remexian will make a significant contribution to the business model in the future.
Hiti’s leverage and scale have allowed the company to purchase tons of medical cannabis at a 40% discount compared to Remexian.
This will have a significant impact on Q3 financial figures.
The company is evaluating projected sales in the UK, a rapidly growing market, expected in H2. Remexian will play a role at the European level.
As Raj has said in the past: “Germany will only be a gateway to Europe. Remexian will be recognized globally within 10 years and will also ship to Australia.
currrent estimates for the European medical market, which I think very few people are really aware of, are around a 60 billion € market by 2030, much larger than the current American one.
https://thetalmangroup.com/frances-potential-cannabis-market-is-valued-at-8-3-billion/
France is implementing measures to implement cannabis in the national health system
In summary:
• Most data rich cannabis company in Canada, and potentially out of Canada. This will lead to white lable products tailored directly to consumer’s wants. Overtime increasing profit margins.
• market share continues to grow , Raj is in talks with large chains: blocks of 40+ stores
• Same store sales up 151% in last 4 years vs -14% for average operator. This demonstrates a clear competitive edge and executional acumen by High Tide. “Stay tuned, this year will have some M&A”
• Convert 40-50% of current loyalty members to Elite, leading to over 1M members. Elite paid membership creates a more loyal and sticky client, while generating thick margins through membership subscriptions
• Remexian “...its going to be a massive contributor to our financial profile”
2 Tons purchased and landing in March, at about 50% less than what Remexian was paying. Multiple deals coming *inbound*. Remexian will do 4-5 tons per month in the near future.
• Significant *inbound* interest from large American operators for licensing or other deals. “Things are looking brighter and brighter”
High Tide is running on all cylinders. Its hard to diversify when the company keeps delivering like this
Overview on $Cost of #cannabis
Latest presentation https://hightideinc.com/presentation/
i am very long term in this company
Thanks for reading, share if you like it
HITI currently has over 2.5 million members across Canada, with a long-term goal revised upwards to 4 million from 2.5 million, which has already been exceeded.
Market share reached an all-time high, confirming the superiority of HITI’s $Cost model, which makes it unique compared to its peers.
Raj’s goal is to convert at least 40% of those members into Elite members!
If we assume 4 million subscribers, from the current 2.5 million, we’ll have 1.6 million Elite members with a 40% conversion.
Recurring revenue from paid members alone would exceed $64 million, at a cost of $40 per year, but I expect the price to increase in the coming years as competition decreases and HITI gains pricing power, while also increasing GMS.
Elite/white label inventory will increase from the current 2% to 25-30%, effectively altering the future GMS resulting from this change (3-4 years).
When Hiti raises the price of Elite and White Label memberships, GM will increase significantly. At the current valuation with 70 million in high-margin recurring revenue by 2030 (Only from ELITE)...if you have a 10-year horizon, it is not financial advice, but buying $HITI shares can turn out to be the best decision imo
Furthermore, an Elite customer, just like an Amazon Prime customer, will make repeat purchases and contribute to greater revenue for the company.
Don’t measure a company built over decades with a quarterly time horizon.
Canna Cabana remains the preferred destination for consumers as data shows:
High Tide is the company with the most data available in its sector of any other. This allows it to anticipate consumer trends and develop white-label products in line with current trends.
An overlooked aspect is that the company managed the crisis in BC when the strike broke out last September, causing a 55% drop in sales in the province, due to the strikes in provincial shops.
HITI took advantage of this opportunity to increase its market share in BC; with only eight stores, it is now the most well-known chain in the province!
A hallmark of efficiency in logistics and management
In the past, the company built 20 to 30 stores each year.
Now, the situation is changing. A member here made the comparison citing Nike’s early days in the 90’s when it couldn’t meet short-term demand because it didn’t have enough capital to buy more inventory, which is very good news. It means demand for canna cabana products is skyrocketing, while competitors are going out of business.
As sales and scale increase, demand increases and so does capital expenditure in the short term.
Currently, Hiti is prioritizing market share, building loyalty among its members, and patiently waiting for most of its competitors to exit the market (currently over 3,600 dispensaries in Canada).
Long term target, in my opinion, is 500+ stores in Canada which Raj does not want to state his number, because he prefers to raise the target once it has been reached
BIG NEWS :
BC will double its store limit, perhaps to 32 next year, after what happened with the strikes.
HITI will have 32 stores in BC in the long term. Imagine the unpriced revenue from that province! (In reality, nothing is priced by the market at this price.)
Canna Cabana is showing the provinces that where its stores are located, the illicit market is significantly declining, and the data shows it.
It’s possible , This is just my opinion, that in the future (in a few years), Ontario will further raise the limit to 200 stores, and provinces with government-run stores will allow HITI to open (ex. Quebec).
Raj has a clear vision that the cannabis market could exceed 7 bln in Canada in 2-3 years from today
Remexian will make a significant contribution to the business model in the future.
Hiti’s leverage and scale have allowed the company to purchase tons of medical cannabis at a 40% discount compared to Remexian.
This will have a significant impact on Q3 financial figures.
The company is evaluating projected sales in the UK, a rapidly growing market, expected in H2. Remexian will play a role at the European level.
As Raj has said in the past: “Germany will only be a gateway to Europe. Remexian will be recognized globally within 10 years and will also ship to Australia.
currrent estimates for the European medical market, which I think very few people are really aware of, are around a 60 billion € market by 2030, much larger than the current American one.
https://thetalmangroup.com/frances-potential-cannabis-market-is-valued-at-8-3-billion/
France is implementing measures to implement cannabis in the national health system
In summary:
• Most data rich cannabis company in Canada, and potentially out of Canada. This will lead to white lable products tailored directly to consumer’s wants. Overtime increasing profit margins.
• market share continues to grow , Raj is in talks with large chains: blocks of 40+ stores
• Same store sales up 151% in last 4 years vs -14% for average operator. This demonstrates a clear competitive edge and executional acumen by High Tide. “Stay tuned, this year will have some M&A”
• Convert 40-50% of current loyalty members to Elite, leading to over 1M members. Elite paid membership creates a more loyal and sticky client, while generating thick margins through membership subscriptions
• Remexian “...its going to be a massive contributor to our financial profile”
2 Tons purchased and landing in March, at about 50% less than what Remexian was paying. Multiple deals coming *inbound*. Remexian will do 4-5 tons per month in the near future.
• Significant *inbound* interest from large American operators for licensing or other deals. “Things are looking brighter and brighter”
High Tide is running on all cylinders. Its hard to diversify when the company keeps delivering like this
Overview on $Cost of #cannabis
i am very long term in this company
Thanks for reading, share if you like it
HITI currently has over 2.5 million members across Canada, with a long-term goal revised upwards to 4 million from 2.5 million, which has already been exceeded.
Market share reached an all-time high, confirming the superiority of HITI’s $Cost model, which makes it unique compared to its peers.
Raj’s goal is to convert at least 40% of those members into Elite members!
If we assume 4 million subscribers, from the current 2.5 million, we’ll have 1.6 million Elite members with a 40% conversion.
Recurring revenue from paid members alone would exceed $64 million, at a cost of $40 per year, but I expect the price to increase in the coming years as competition decreases and HITI gains pricing power, while also increasing GMS.
Elite/white label inventory will increase from the current 2% to 25-30%, effectively altering the future GMS resulting from this change (3-4 years).
When Hiti raises the price of Elite and White Label memberships, GM will increase significantly. At the current valuation with 70 million in high-margin recurring revenue by 2030 (Only from ELITE)...if you have a 10-year horizon, it is not financial advice, but buying $HITI shares can turn out to be the best decision imo
Furthermore, an Elite customer, just like an Amazon Prime customer, will make repeat purchases and contribute to greater revenue for the company.
Don’t measure a company built over decades with a quarterly time horizon.
Canna Cabana remains the preferred destination for consumers as data shows:
High Tide is the company with the most data available in its sector of any other. This allows it to anticipate consumer trends and develop white-label products in line with current trends.
An overlooked aspect is that the company managed the crisis in BC when the strike broke out last September, causing a 55% drop in sales in the province, due to the strikes in provincial shops.
HITI took advantage of this opportunity to increase its market share in BC; with only eight stores, it is now the most well-known chain in the province!
A hallmark of efficiency in logistics and management
In the past, the company built 20 to 30 stores each year.
Now, the situation is changing. A member here made the comparison citing Nike’s early days in the 90’s when it couldn’t meet short-term demand because it didn’t have enough capital to buy more inventory, which is very good news. It means demand for canna cabana products is skyrocketing, while competitors are going out of business.
As sales and scale increase, demand increases and so does capital expenditure in the short term.
Currently, Hiti is prioritizing market share, building loyalty among its members, and patiently waiting for most of its competitors to exit the market (currently over 3,600 dispensaries in Canada).
Long term target, in my opinion, is 500+ stores in Canada which Raj does not want to state his number, because he prefers to raise the target once it has been reached
BIG NEWS :
BC will double its store limit, perhaps to 32 next year, after what happened with the strikes.
HITI will have 32 stores in BC in the long term. Imagine the unpriced revenue from that province! (In reality, nothing is priced by the market at this price.)
Canna Cabana is showing the provinces that where its stores are located, the illicit market is significantly declining, and the data shows it.
It’s possible , This is just my opinion, that in the future (in a few years), Ontario will further raise the limit to 200 stores, and provinces with government-run stores will allow HITI to open (ex. Quebec).
Raj has a clear vision that the cannabis market could exceed 7 bln in Canada in 2-3 years from today
Remexian will make a significant contribution to the business model in the future.
Hiti’s leverage and scale have allowed the company to purchase tons of medical cannabis at a 40% discount compared to Remexian.
This will have a significant impact on Q3 financial figures.
The company is evaluating projected sales in the UK, a rapidly growing market, expected in H2. Remexian will play a role at the European level.
As Raj has said in the past: “Germany will only be a gateway to Europe. Remexian will be recognized globally within 10 years and will also ship to Australia.
Current estimates for the European medical market, which I think very few people are really aware of, are around a 60 billion € market by 2030, much larger than the current American one.
https://thetalmangroup.com/frances-potential-cannabis-market-is-valued-at-8-3-billion/
France is implementing measures to implement cannabis in the national health system
In summary:
• Most data rich cannabis company in Canada, and potentially out of Canada. This will lead to white lable products tailored directly to consumer’s wants. Overtime increasing profit margins.
• market share continues to grow , Raj is in talks with large chains: blocks of 40+ stores
• Same store sales up 151% in last 4 years vs -14% for average operator. This demonstrates a clear competitive edge and executional acumen by High Tide. “Stay tuned, this year will have some M&A”
• Convert 40-50% of current loyalty members to Elite, leading to over 1M members. Elite paid membership creates a more loyal and sticky client, while generating thick margins through membership subscriptions
• Remexian “...its going to be a massive contributor to our financial profile”
2 Tons purchased and landing in March, at about 50% less than what Remexian was paying. Multiple deals coming *inbound*. Remexian will do 4-5 tons per month in the near future.
• Significant *inbound* interest from large American operators for licensing or other deals. “Things are looking brighter and brighter”
High Tide is running on all cylinders. Its hard to diversify when the company keeps delivering like this
Latest presentation https://hightideinc.com/presentation/
HITI currently has over 2.5 million members across Canada, with a long-term goal revised upwards to 4 million from 2.5 million, which has already been exceeded.
Market share reached an all-time high, confirming the superiority of HITI’s $Cost model, which makes it unique compared to its peers.
Raj’s goal is to convert at least 40% of those members into Elite members!
If we assume 4 million subscribers, from the current 2.5 million, we’ll have 1.6 million Elite members with a 40% conversion.
Recurring revenue from paid members alone would exceed $64 million, at a cost of $40 per year, but I expect the price to increase in the coming years as competition decreases and HITI gains pricing power, while also increasing GMS.
Elite/white label inventory will increase from the current 2% to 25-30%, effectively altering the future GMS resulting from this change (3-4 years).
When Hiti raises the price of Elite and White Label memberships, GM will increase significantly. At the current valuation with 70 million in high-margin recurring revenue by 2030 (Only from ELITE)...if you have a 10-year horizon, it is not financial advice, but buying $HITI shares can turn out to be the best decision imo
Furthermore, an Elite customer, just like an Amazon Prime customer, will make repeat purchases and contribute to greater revenue for the company.
Don’t measure a company built over decades with a quarterly time horizon.
Canna Cabana remains the preferred destination for consumers as data shows:
High Tide is the company with the most data available in its sector of any other. This allows it to anticipate consumer trends and develop white-label products in line with current trends.
An overlooked aspect is that the company managed the crisis in BC when the strike broke out last September, causing a 55% drop in sales in the province, due to the strikes in provincial shops.
HITI took advantage of this opportunity to increase its market share in BC; with only eight stores, it is now the most well-known chain in the province!
A hallmark of efficiency in logistics and management
In the past, the company built 20 to 30 stores each year.
Now, the situation is changing. A member here made the comparison citing Nike’s early days in the 90’s when it couldn’t meet short-term demand because it didn’t have enough capital to buy more inventory, which is very good news. It means demand for canna cabana products is skyrocketing, while competitors are going out of business.
As sales and scale increase, demand increases and so does capital expenditure in the short term.
Currently, Hiti is prioritizing market share, building loyalty among its members, and patiently waiting for most of its competitors to exit the market (currently over 3,600 dispensaries in Canada).
Long term target, in my opinion, is 500+ stores in Canada which Raj does not want to state his number, because he prefers to raise the target once it has been reached
BIG NEWS :
BC will double its store limit, perhaps to 32 next year, after what happened with the strikes.
HITI will have 32 stores in BC in the long term. Imagine the unpriced revenue from that province! (In reality, nothing is priced by the market at this price.)
Canna Cabana is showing the provinces that where its stores are located, the illicit market is significantly declining, and the data shows it.
It’s possible , This is just my opinion, that in the future (in a few years), Ontario will further raise the limit to 200 stores, and provinces with government-run stores will allow HITI to open (ex. Quebec).
Raj has a clear vision that the cannabis market could exceed 7 bln in Canada in 2-3 years from today
Remexian will make a significant contribution to the business model in the future.
Hiti’s leverage and scale have allowed the company to purchase tons of medical cannabis at a 40% discount compared to Remexian.
This will have a significant impact on Q3 financial figures.
The company is evaluating projected sales in the UK, a rapidly growing market, expected in H2. Remexian will play a role at the European level.
As Raj has said in the past: “Germany will only be a gateway to Europe. Remexian will be recognized globally within 10 years and will also ship to Australia.
currrent estimates for the European medical market, which I think very few people are really aware of, are around a 60 billion € market by 2030, much larger than the current American one.
https://thetalmangroup.com/frances-potential-cannabis-market-is-valued-at-8-3-billion/
France is implementing measures to implement cannabis in the national health system
In summary:
• Most data rich cannabis company in Canada, and potentially out of Canada. This will lead to white lable products tailored directly to consumer’s wants. Overtime increasing profit margins.
• market share continues to grow , Raj is in talks with large chains: blocks of 40+ stores
• Same store sales up 151% in last 4 years vs -14% for average operator. This demonstrates a clear competitive edge and executional acumen by High Tide. “Stay tuned, this year will have some M&A”
• Convert 40-50% of current loyalty members to Elite, leading to over 1M members. Elite paid membership creates a more loyal and sticky client, while generating thick margins through membership subscriptions
• Remexian “...its going to be a massive contributor to our financial profile”
2 Tons purchased and landing in March, at about 50% less than what Remexian was paying. Multiple deals coming *inbound*. Remexian will do 4-5 tons per month in the near future.
• Significant *inbound* interest from large American operators for licensing or other deals. “Things are looking brighter and brighter”
High Tide is running on all cylinders. Its hard to diversify when the company keeps delivering like this
Overview on $Cost of #cannabis
Latest presentation https://hightideinc.com/presentation/
i am very long term in this company
Thanks for reading, share if you like it
HITI currently has over 2.5 million members across Canada, with a long-term goal revised upwards to 4 million from 2.5 million, which has already been exceeded.
Market share reached an all-time high, confirming the superiority of HITI’s $Cost model, which makes it unique compared to its peers.
Raj’s goal is to convert at least 40% of those members into Elite members!
If we assume 4 million subscribers, from the current 2.5 million, we’ll have 1.6 million Elite members with a 40% conversion.
Recurring revenue from paid members alone would exceed $64 million, at a cost of $40 per year, but I expect the price to increase in the coming years as competition decreases and HITI gains pricing power, while also increasing GMS.
Elite/white label inventory will increase from the current 2% to 25-30%, effectively altering the future GMS resulting from this change (3-4 years).
When Hiti raises the price of Elite and White Label memberships, GM will increase significantly. At the current valuation with 70 million in high-margin recurring revenue by 2030 (Only from ELITE)...if you have a 10-year horizon, it is not financial advice, but buying $HITI shares can turn out to be the best decision imo
Furthermore, an Elite customer, just like an Amazon Prime customer, will make repeat purchases and contribute to greater revenue for the company.
Don’t measure a company built over decades with a quarterly time horizon.
Canna Cabana remains the preferred destination for consumers as data shows:
High Tide is the company with the most data available in its sector of any other. This allows it to anticipate consumer trends and develop white-label products in line with current trends.
An overlooked aspect is that the company managed the crisis in BC when the strike broke out last September, causing a 55% drop in sales in the province, due to the strikes in provincial shops.
HITI took advantage of this opportunity to increase its market share in BC; with only eight stores, it is now the most well-known chain in the province!
A hallmark of efficiency in logistics and management
In the past, the company built 20 to 30 stores each year.
Now, the situation is changing. A member here made the comparison citing Nike’s early days in the 90’s when it couldn’t meet short-term demand because it didn’t have enough capital to buy more inventory, which is very good news. It means demand for canna cabana products is skyrocketing, while competitors are going out of business.
As sales and scale increase, demand increases and so does capital expenditure in the short term.
Currently, Hiti is prioritizing market share, building loyalty among its members, and patiently waiting for most of its competitors to exit the market (currently over 3,600 dispensaries in Canada).
Long term target, in my opinion, is 500+ stores in Canada which Raj does not want to state his number, because he prefers to raise the target once it has been reached
BIG NEWS :
BC will double its store limit, perhaps to 32 next year, after what happened with the strikes.
HITI will have 32 stores in BC in the long term. Imagine the unpriced revenue from that province! (In reality, nothing is priced by the market at this price.)
Canna Cabana is showing the provinces that where its stores are located, the illicit market is significantly declining, and the data shows it.
It’s possible , This is just my opinion, that in the future (in a few years), Ontario will further raise the limit to 200 stores, and provinces with government-run stores will allow HITI to open (ex. Quebec).
Raj has a clear vision that the cannabis market could exceed 7 bln in Canada in 2-3 years from today
Remexian will make a significant contribution to the business model in the future.
Hiti’s leverage and scale have allowed the company to purchase tons of medical cannabis at a 40% discount compared to Remexian.
This will have a significant impact on Q3 financial figures.
The company is evaluating projected sales in the UK, a rapidly growing market, expected in H2. Remexian will play a role at the European level.
As Raj has said in the past: “Germany will only be a gateway to Europe. Remexian will be recognized globally within 10 years and will also ship to Australia.
Current estimates for the European medical market, which I think very few people are really aware of, are around a 60 billion € market by 2030, much larger than the current American one.
https://thetalmangroup.com/frances-potential-cannabis-market-is-valued-at-8-3-billion/
France is implementing measures to implement cannabis in the national health system
In summary:
• Most data rich cannabis company in Canada, and potentially out of Canada. This will lead to white lable products tailored directly to consumer’s wants. Overtime increasing profit margins.
• market share continues to grow , Raj is in talks with large chains: blocks of 40+ stores
• Same store sales up 151% in last 4 years vs -14% for average operator. This demonstrates a clear competitive edge and executional acumen by High Tide. “Stay tuned, this year will have some M&A”
• Convert 40-50% of current loyalty members to Elite, leading to over 1M members. Elite paid membership creates a more loyal and sticky client, while generating thick margins through membership subscriptions
• Remexian “...its going to be a massive contributor to our financial profile”
2 Tons purchased and landing in March, at about 50% less than what Remexian was paying. Multiple deals coming *inbound*. Remexian will do 4-5 tons per month in the near future.
• Significant *inbound* interest from large American operators for licensing or other deals. “Things are looking brighter and brighter”
High Tide is running on all cylinders. Its hard to diversify when the company keeps delivering like this
Overview on $Cost of #cannabis
https://www.youtube.com/watch?v=aCyGA4CqM28
Latest presentation https://hightideinc.com/presentation/
i am very long term in this company
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