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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 Jun 27, 2024 8:25pm
53 Views
Post# 36110014

RE:RE:RE:RE:RE:RE:RE:RE:Trending Up

RE:RE:RE:RE:RE:RE:RE:RE:Trending UpYep, way to early for Raj to even contemplate selling, especially at the bottom of the summer doldrums with these low evaluations. We have a very low share count in comparison to most so a large player can manipulate the share price. Sit on that thought for a moment and consider the best they could do was to bring HITI back to 3.00. Zoom out to a 1 year view and see if you can see an upward trend intact, then zoom out to 3 years. Pick any major LP or MSO and look at their 3 year chart. HITI is very resilient and it's upward trend is intact. With our tiny float each share is far more valuable than most, a year ago I think Tlry was a dollar more than HITI, now it's around a buck less and HITI only has 1/10 the share count! Don't forget, we are listed on the Nasdaq, and we have infrastructure in place in the USA, only 1 other company I can think of can tentativly make the same claim. It takes time to uplift, HITI will benefit dramatically when the green rush is announced and investors scramble to jump in on the ride and find HITI sitting on the NAS with a tiny float! If you think we saw sparks when Canada opened......I'll end on that positive thought. GLTA.
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