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 > Same store sales

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Post by sejdon Jan 27, 2022 12:28pm

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Post# 34367066

Same store sales

What concerns me is we have no idea how existing stores have been doing.

This is the most important metric when it comes to retail companies, and lets be honest this is mostly a retail play.

I want to know how some of the first 50 stores have been performing year over year.

Just how saturated is the retail mj sector?

We hit the Canna Cabana regularly and it seems like it's a battle to the bottom for these pot shops.

Buying an ounce of weed for $80.00 , can't be overly profitable.

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