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High Tide Inc. (HITI): Among High Growth Canadian Stocks to Buy

We recently published an article titled 9 High Growth Canadian Stocks to Buy. 

High Tide Inc. (NASDAQ:HITI), founded in 2009, is Canada’s largest cannabis retailer and the country’s highest revenue-generating cannabis company, with an annualized revenue run rate of approximately $600 million.

In mid-December, High Tide Inc. (NASDAQ:HITI) also began positioning itself for potential U.S. expansion as the White House moved toward rescheduling cannabis and announced plans to test Medicare coverage for CBD products. Management has indicated it is exploring licensing the Canna Cabana brand in the United States and developing CBD offerings aligned with Medicare frameworks, which could provide an early pathway into the world’s largest cannabis-related market without immediate exposure to full federal legalization risks. To support this next phase of growth, the company reengaged an investor relations firm to strengthen market communications as it targets expanded opportunities across cannabis and CBD in both domestic and international markets.

The company further strengthened its leadership as Canada’s largest cannabis retailer by expanding its Canna Cabana footprint to 218 stores, deepening both its national market share and its rapidly growing loyalty base. This scale has helped propel the company to a $600 million annualized revenue run rate while supporting improved profitability, highlighting the operating leverage embedded in its retail-first, membership-driven model. At the same time, High Tide Inc. (NASDAQ:HITI) took a meaningful step toward international diversification by entering Germany’s medical cannabis market, signaling ambitions that extend well beyond its Canadian core.

While we acknowledge the potential of HITI as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than HITI and that has a 100x upside potential, check out our report about the cheapest AI stock.

READ NEXT: 13 Best Dividend Kings to Buy in 2026 and 14 Best Mid Cap Dividend Aristocrat Stocks to Buy Now

Disclosure: None.

The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

The answer lies in a breakthrough so powerful it’s redefining how humanity works, learns, and creates.

And this breakthrough has already set off a frenzy among hedge funds and Wall Street’s top investors.

What most investors don’t realize is that one under-owned company holds the key to this $250 trillion revolution.

In fact, Verge argues this company’s supercheap AI technology should concern rivals.

Before I reveal the details, let’s talk about how some of the richest people on the planet are positioning themselves.

  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

Even as we admire what Tesla, Nvidia, Alphabet, and Microsoft have built, we believe an even greater opportunity lies elsewhere…

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And judging by what I’m hearing from both Silicon Valley insiders and Wall Street veterans…

This prediction might not be bold at all:

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