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 > Cannabis vs Alcohol….One helps while one kills

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Post by Ronbromleygross on Jan 30, 2022 9:36am

Cannabis vs Alcohol….One helps while one kills

Recent share price action has been detrimental to Cannabis investor sentiment and morale. Over time the fundamentals have strengthened, while market caps and SP continues to decline. The valuation gap between Price and Value is ridiculous right now, and Cannabis is very undervalued. It looks like there is a coordinated effort to destroy the spirit of Cannabis investors, to get prices so low that many will give up and sell. Larger investors are likely accumulating and the ones who will benefit the most from this extended Cannabis bear market. At a time like this, it is essential to remember the investment thesis for investing in Cannabis. Legalization, when it happens, will be a once in a century event, not seen since the end of prohibition (1933). The following article is a good reminder of why Cannabis will be for the 21st century what alcohol was for the 20th visualcapitalist.com/cannab..

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