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High Tide Inc V.HITI

Alternate Symbol(s):  HITI

Consumer Cyclical Healthcare Advertising Agencies Cannabis
High Tide Inc. is a retail-focused cannabis company. Its segments include Bricks-and-mortar and E-commerce. Bricks-and-mortar operations includes the Canadian bricks-and-mortar locations, inclusive of the Canadian warehouse which supports the distribution of accessories and other items to the Canadian stores. Its E-commerce operations include the Company’s United States and international subsidiaries, inclusive of the United States warehouse which supports the distribution of accessories and other items to the United Sates and international subsidiaries. Bricks-and-mortar sales are conducted under the Company’s Canna Cabana brand, CBD product sales are conducted online under the FABCBD, Blessed CBD and NuLeaf brands, and online sales through e-commerce platforms are conducted under the Company’s Grasscity, Smoke Cartel, Daily High Club and Dankstop brands. Its brand Queen of Bud sells products across Canada both direct to consumers and through third-party licensed cannabis stores.


TSXV:HITI - Post by User

High Tide Inc > Revenue is still way more
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Comment by paradinion Nov 22, 2020 6:48pm
132 Views
Post# 31949777

RE:Revenue is still way more

RE:Revenue is still way moreI just sent a request for when they will release FY20 results. I don't expect to see any financial news until Late Feb(when they announce LY). hopefully we get some great news before that, but not expecting much, other than a few new locations opening.  The stock should stay about here until let Feb unless:

A: large investment into HITI to give some solid on hand Cash...(Debt is a big liability for HITI)

B: Someone buys HITI out.

C: Better Analyst coverage( HITI has a very low profile)

D: I hope I'm Wrong and this thing just starts going crazy, and FOMO kicks in.  

I do have a personal target of .60 in the next 12 months, but growthb will start in Feb 21, and really take off after Q1 2021 results are in showing the sales figures of HITI and META combined.  

I am definitely LONG on this one and will hold until at least 0.60$.

GLTA


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