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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 ProStreet340on Mar 19, 2022 9:24am
153 Views
Post# 34527620

RE:RE:The market don't care we could hit close to $300 million !!!

RE:RE:The market don't care we could hit close to $300 million !!!Ron, I agree with everything except your analysis of the P/S rating. Not disputing the number, but your comments on the where we should be trading... I copied this from Investopidia and ask you for your comments with regards to the page below; https://www.investopedia.com/ask/answers/032515/what-considered-favorable-price-sales-ratio.asp The Price-to-Sales Ratio The P/S ratio is an investment valuation ratio that shows a company's market capitalization divided by the company's sales for the previous 12 months. It is a measure of the value investors are receiving from a company's stock by indicating how much are they are paying for the stock per dollar of the company's sales. Analysts prefer to see a lower number for the ratio. A ratio of less than 1 indicates that investors are paying less than $1 per $1 of the company's sales. Any number higher than 4 is commonly considered unfavorable. Regards PS340
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