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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 Ronbromleygrosson Jun 29, 2024 1:15pm
44 Views
Post# 36112117

RE:Partnerships

RE:Partnerships

Good points oldweed

Also- Raj is not open to relinquishing his title or control of Hiti considering he is the "original owner and operator".  This is his baby.  He is not a hired gun with no skin in the game which would have been easier to concede control here.  

Raj is shareholder focused so he will make sure we get our fair value if any takeover happens.  

A JV is my best guess here for entering the USA when/if we get reform.  I am hoping we get a delay in reform (for niw).  This will give Raj the much needed Q3 ER (released around mid Sept) where I am convinced we have a good FCFP and "solid net income" to report.  That would give Hiti 2 consecutive qtrs of net income and price to the vultures or big money we are no fluke and actually do have a solid business plan led by the smartest CEO in this space.

I like Green Thumb based on my research as someone who can compliment Hiti and put us on the much needed radar of America.

As I said.  Raj is no dummy and already has his partnerships agreed too.  He will dust off his Roladex when the U.S.A. opens up for business. 

Ron


 

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