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 > 2021 Financial Results - Unaudited ?

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Post by ProStreet340on Jan 27, 2022 5:16pm

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Post# 34368786

2021 Financial Results - Unaudited ?

I have 5 questions for Raj and team. I hope they answer them...

Question 1) With plenty of time since October 2021 - why are the financials Unaudited?

Question 2) Did the GP drop by 2% to 33% Q4 & 35% annually just to compete in the market?

Question 3) What changes in the structure of the business caused the "Operating Expenses" to increase by 150% and 164% respectively, and what actions are being taken to address this.

Question 4) If all the aquisitions have been accretive in nature, then explain the increase in "O-Exp" %

Question 5) From the $150.5 million revenue in Canada, what was the contribution by Brick & Mortar stores and what was the average NPAT, what was the Highest and Lowest & where?

See where to go from here !!!
PS340

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Advancing an underexplored area of the Yukon with the same geology as B.C’.s Golden Triangle