High Tide Inc V.HITI

Some of the highest volume I’ve seen in a while

[paradini]

It is great to see the volume pick up in the TSX.V.  A very good sign of things to come. I was hoping to see low 3's by end of week. 3.50 quite a triumph.  Excited to see the next few weeks.

[pacer217]

Clearly many Americans know something here that we do not1  ( OK thats not a new revelation!!)  BUT volume there is "nuts"   Yesterday and today USA volume on HITI will be over 4 million.  easily a two day record. TSV being dragged along  like a snoopy on a leash to Maramduke! I suggested yesterday that there may be a rumor out there of a take over / buyout

[Pedal2themetal7]

Never say never but this CEO is driven, started this company from scratch, and so far has a winning recipe, would suprise me if we see a buyout. He's growing this company organically, expending substantially in Canada the next two years, has already solid links in to Germany etc. he's been building  this company for a long time, great fundamentals and so far seems set for long term

[Oldweed]

A whale could come in and buyout and keep Raj on, but also we could be seeing a partnership/merger as well. FYI, CURA is now selling in Canada after buying a Canadian LP, I'm sure they would love to get into HITI!

[gunner1324]

Wasn`t Cura`s purchase of the Canadan LP for Germany purposes ? 

[Oldweed]

Both I would imagine, Canada does not permit imports, so to sell in Canada it has to come from an LP. Companies like Tilray that are asset heavy and not profitable in their own home, so it will struggle as MSOs find their way into the market. They don't have to wait for legalization like Tilray does to do the same.

[Pedal2themetal7]

High Tide is slowly becoming a whale IMHO

[paradini]

Until Hiti gets listed on TSX volume will be dwarfed by Nasdaq. Seeing over 600k traded today is eye popping compared to any other day inthe last year. Something is up, hopefully this beast keeps on going.  Profit takers will be grabbing cash over the next few days, should be a volatile ride for a bit.