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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

Comment by Ronbromleygrosson Apr 02, 2021 5:20pm
178 Views
Post# 32932748

RE:projection target price

RE:projection target price

Charlotte

Yeah I agree the Nasdaq listing is the only news that will get us out of this under $1 cdn resistance level.  Earnings results have been great and do have the new weekly store openings but we seem to be facing some external headwinds not wanting this share price to get over the very manically $1. (Shorters, MM, etc)

My only concern is I don't want us screwing up the natural progression of what Raj wanted in the first place and to get the  share price over $3 on his own terms and natural growth of the company based on revenues and earnings growth.  I know we will get there but it may take some  time.  

To get the big institutions to buy in we need a higher share price of over $1 at least.   

I trust Raj and believe in him to do the right thing.  I will hang onto my 40k shares and I know I will be well rewarded in whichever way Raj decides to go.   If you believe in both the company and more importantly in Raj who has 23 percent of his own money invested here then I suggest you just sit back and let Raj get you to the promised land.  There is a tremendous number of Indian CEO's who are in the top 10 companies in this world.   They are brought up in a family very tough on their children to not only succeed but to be the best at what they do for bragging rights.  There is a lot of competition among the Indian community that many people are not aware of.   Failure is not an option and is considered a failure.   

We have a winner here with Hiti and I could not be more proud of our investment and holding than I am now.

Trust Raj, Trust Hiti, Trust the Cannabis sector.

Ron

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