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 > Massive growth and expansion coming up…

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Post by Ronbromleygross on Jan 31, 2024 6:49pm

Massive growth and expansion coming up…

Raj's plan is to get to 300 stores at least in Canada. He should be able to fund this from FCFP alone. The new stores he opens up have the biggest bang for the buck too. Expect Raj to kill the remaining mom and pop shops plus some higher end retailers too. The plan is to steal market share first to force others to fold and then increase the prices to both increase FCFP and help fund int'l expansion. Hiti is starting to separate itself from the pack. Back to back FCFP qtrs. My guess is we hit net income in Q2 (April 30) at the latest if we don't hit it in Q1 (Jan 31). We would have hit it already if not for the write down. Oh well. It's the future and what comes next that matters.

https://stkt.co/usTe7wIo

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