Bullboard - Stock Discussion Forum 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... see more

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TSXV:HITI - Post Discussion

High Tide Inc > Don't like consolidation

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Post by Dcoyote on Dec 09, 2020 11:27am

Don't like consolidation

Consolidation rarely works out . Sold my 11,000 share before they become 300 or so. Too bad I had high hopes for this company. Maybe buy them back next year when on the Nasdaq they go down to just above 1.00 like Hexo is.

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Comment by SpeedJ581 on Dec 09, 2020 12:52pm

I think in this case the market has corrected the over optimistic stock prices we saw in the early days. Unless the company is valued at 2 billion dollars we won't get the ability to uplist and get the institutions interested. In my opinion this is a good move.

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High Tide Inc