Uuuuuunnnd the next 5k are in. Posi is now at 55k self-invested and is up about 30% so far. I know, I know: cannabis is a tricky sector. But after the hype in 2018 and 2021, the diamonds in the industry are now crystallizing a few years later. High Tide has been FCF positive for 2 years now and EBITDA and cash flow are expected to double next year according to analysts.
In addition to the expansion in Europe, the company is also far from finished in Canada. Raj wants to open 140 new retail stores by 2028/2029 (they currently have 211) and increase the EBITDA margin to 11 to 12% (previously 7%).
