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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 Oldweedon May 07, 2024 11:49am
61 Views
Post# 36026948

RE:Question

RE:QuestionI see it as a big 1st advantage as any institution and or whale investor will have instant access to HITI, as they would to CGC and TLRY. However, HITI is at a far more attractive multiple and has a proven profitable business model, the other 2 do not as of yet. All the MSOs will have to wait for the uplisting process and then for the custody of shares to be available, which will take at least a month. On top of that, I believe there will be partnerships announced that are all ready in place but under a quiet period pending the SAFER announcement. That is speculation on my part, but big money like to make more money, HITI is a very attractive company in this sector.
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