Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 > Oldweed- how about an in depth Hiti analysis from you??
View:
Post by Ronbromleygross on May 04, 2024 11:36am

Oldweed- how about an in depth Hiti analysis from you??

Hi Oldeeed

I did some screening and research over this sector the last few days and remember your very insightful and detailed analysis in this sector covering many stocks/MSO's etc over the last year or so.

Since you post on this board too, how about you share some of your thoughts and opinions on Hiti?  See if you can share your opinion on the following topics:

- Rajs moves thus far as CEO
- Hiti's progress since 2018 
- Store count at 169 now and target to 300 in Canada
- USA expsnsion
- Germany expansion and JV with Sanity Group
- Int'l expansion
- Canna Cabana discount model
- Cdn market share
- FCFP
- When you forecast Hiti to be positive EPS
- Revenue target date to reach $1b annual revenues?

- U.S.A. full legalization target date?

- Hiti potential as aquisition target?
- Hiti's potential with U.S.A. expansion?
- M&A opportunities second half 2024 as Raj stated? Who do you think would partner well with Hiti?
- Do you believe as many that Hiti sp is undervalued now?  If so what sp do you believe is warranted now excluding any potential future and growing catalysts? 

Sorry for the long list of questions and putting you on the spot. I always valued your comments and honest and straight shooter commentary and perspective you provide on many companies.  BTW -  I hold quite a large number of shares here and am a long term holder here.  Long and strong 

Ron

Comment by Oldweed on May 04, 2024 3:59pm
Hi Ron, thanks for the mention. I will be more than happy to share my opinions, but first, let me lead with I am not a profesional and as such can not offer any investment advice. My input should not be given any more weight than any other average Jo posting on this board. When I post on these boards I am either sharing what I think I have learned or I am looking for input from posters to put ...more  
Comment by Oldweed on May 04, 2024 5:33pm
Quick correction, I think it was Fire and Flower that had a partnership with Green Acres or something like that, that also had a partnership with GTII, so not HITI. That reminds me that in addition to VRNO losing their retail partner Couche Tarde also lost their retail partner when F&F folded. Add to the fact that it my opinion Tilray can't survive the MSO onslaught without HITI selling ...more  
Comment by Ronbromleygross on May 04, 2024 8:01pm
Thanks oldweed for that very detailed and insightful commentary.  Yes I am pretty much in agreement with everything you said.  Hiti is trading at.48 p/s based on a current 510m annual revenue run rate if you go by the latest Q1 results.  As such Hiti has a lot of catching up to do just to get to a current fair valuation based on its own fundamentals without any premium added for ...more  
Comment by Oldweed on May 04, 2024 8:20pm
Always good to have confirmation from a fellow Bull. Another piece I forgot to add is BAT. They have also partnered with Sanity Group, so the big money is already in Germany. Of course there is CRON with 1B cash and Altria. It's hard to imagine the possible M&A but this time around with the US and Germany opening up it really is getting exciting!
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities