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 > Canadian Landscape

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Post by Oldweedon Jan 19, 2024 2:27pm

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Canadian Landscape

In 2023 we saw Fire and Flower fold, they were partenered with ATD, a deep pocket retailer, I'm guessing the HyFire data portion went to them. ATD is always looking to aquire new retail, and they are very good at getting what they want. We now also have positive news over at OGI with another injection of cash from BAT (tobacco). There are no shortage of failing Canadian LPs but when I look at the activity and HITI's success, I have strong conviction we will see money coming into HITI this year. HITI would benefit greatly from a partner to expand quickly into the US, and HITI has to be equally attractive to either. It's pure speculation on my part so dyodd.

GLTA

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