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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High Tide Inc > Question

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Post by Oldweed on May 07, 2024 11:23am

Question

Since we are already on the NASDAQ how will "Safer" directly benefit HITI? I would be interested to hear thoughts on what this would mean for HITI in the near to mid-term. Do you see it as institutions will move in in anticipation of HITI moving THC products into their retail stream south of the border?

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Comment by Oldweed on May 07, 2024 11:49am

I see it as a big 1st advantage as any institution and or whale investor will have instant access to HITI, as they would to CGC and TLRY. However, HITI is at a far more attractive multiple and has a proven profitable business model, the other 2 do not as of yet. All the MSOs will have to wait for the uplisting process and then for the custody of shares to be available, which will take at least a ...more

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High Tide Inc