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 > Globe & Mail

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Post by kentucky77 on Dec 22, 2021 9:31pm

Globe & Mail

Expecting a ‘more muted’ 2022, Desjardins Securities reveals its top TSX stock picks for the new year

DAVID LEEDER

Diversified Industries: Cannabis

High Tide Inc. (HITI-X -0.50%decrease, “buy) with a $13.50 target. Average: $12.63.

Analyst John Chu: “We highlight HITI as a leading retailer which offers similar growth profiles to other industry participants, but with a lower risk profile.”

IM Cannabis Corp. (IMCC-CN, “buy”) with a $9.25 target. Average: $7.31.

Mr. Chu: “IMCC stands out as having significant international exposure (especially to Israel) with good sales visibility and an asset-light model.”

Rubicon Organics Inc. (ROMJ-X, “buy”) with a $4.25 target. Average: $4.13.

Mr. Chu: “ROMJ offers a leading brand in the highly sought-after premium/super-premium segments, with expectations that it will soon reach positive EBITDA.”

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