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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

Post by Oldweedon Jan 31, 2024 9:23am
119 Views
Post# 35854588

Interesting Opportunity

Interesting OpportunityI noticed in the call Raj spoke about changes are in the works for relationships with LPs. Considering HITIs market position and the glut in MJ the LPs are facing this could be a very advantgous partnership to move some of that product. This would feed into HITIs discount model and strengthen further their ability to hold the line and squeeze out more of the noise that needs to go to in the Canadian market. HITI really is in a very good position, on a side bar OGI announced their 1st shipment to Germany with Sanity group, that is the same group HITI is working with or expansion into Germany. That should raise some eyebrows for potential partnerships with OGI and BAT. Alot going on out there, can't wait to see what Raj has in plan for the USA!
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