High Tide Inc V.HITI

Alternate Symbol(s): HITI

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 > Don't like consolidation

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Comment by SpeedJ581on Dec 09, 2020 12:52pm

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Post# 32068366

RE:Don't like consolidation

Dcoyote wrote: Consolidation rarely works out . Sold my 11,000 share before they become 300 or so. Too bad I had high hopes for this company. Maybe buy them back next year when on the Nasdaq they go down to just above 1.00 like Hexo is.

I think in this case the market has corrected the over optimistic stock prices we saw in the early days. Unless the company is valued at 2 billion dollars we won't get the ability to uplist and get the institutions interested.

In my opinion this is a good move.

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