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 > Fabulous Analysis on Hiti

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Comment by TheProphetElijahon Mar 13, 2023 9:19am

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RE:Fabulous Analysis on Hiti

If I'm reading this right, I think what Raj is doing without stating it is he is under cutting prices to build loyalty membership. For now it transaltes to a loss on the bottom line, but there will come a day when he raises prices by 10%, then pow all the sudan net profit appears. And he still remains with prices lesser than competitors. Just have to wait for it.

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