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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

Post by johhnyron Apr 12, 2021 6:57pm
187 Views
Post# 32982348

right for the company just not for stock holders

right for the company just not for stock holdersthey are going leaps and bounds right now ...but lots of dilution and maybe more to come they are not a billion dollar market cap company...yet  but will probably have close to a billion shares out after the raising of a 100 mil  they did say they will get it from other sources and i believe issuing more shares will also be in the picture.......if you are looking to get rich quick .  well not this company but if you hold for 2 to 5 years  a hefty profit.......with this dillution i can see a 5 to 1 or even a 6 to 1 consolidation for the nasdaq.....the 100 million they want to raise is obvioulsy to purchase another company ...right now i think with the dillution we are sitting at the price we should be at ...yes it sucks....but at least the future is bright 
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