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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

TSXV:HITI - Post Discussion

High Tide Inc > Germany imports record amounts of Cannabis….
View:
Post by Ronbromleygross on Apr 26, 2024 1:10pm

Germany imports record amounts of Cannabis….

Huge and growing demand 

https://stkt.co/c3yiSDH3

Comment by Pedal2themetal7 on Apr 26, 2024 4:00pm
For the short term,  Canadian Producers will still be able to take advantage of the growing market, but once Germany catches up with production and demand, the foreign producers will suffer the decline in importation. In my opinion this is where High Tide differentiates itself from the other companies, and their approach can potentially be another success story if / when they enter the ...more  
Comment by Oldweed on Apr 26, 2024 4:17pm
Yep, Germany should be a rinse and repeat of Canada. If I remember correctly, the goal is to achieve 25% of sales from in house brand white label product. This is a key multi prong approach in enabling the discount model. As the market matures and sees price compression, the 3rd party extractors will receive discounted raw product from the LPs. This in turn tranlsates into cheaper prices for HITI. ...more  
Comment by gunner1324 on Apr 29, 2024 11:17am
Good write up . Sure seems we`re following Costco`s foot steps.
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