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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 Apr 25, 2024 9:57am
75 Views
Post# 36006935

HITI is in a good position

HITI is in a good positionA big advantage we have is our sound sustainable business model that is generating FCFP, while the bulk of the MJ sector is ridden with poor business models. The economy is unstable, however this should actually accelerate the opportunities that will present themselves to HITI. As the weak businesses collapse a few companies like HITI will have the pick of the litter at pennies to the dollar. The industry needs to be weeded out, good days ahead for HITI, retail investors that have patience should be rewarded handsomely, imho.

GLTA
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