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 subsidiaries, inclusive of the United States warehouse which supports the distribution of accessories and other items to the United Sates and international subsidiaries. Bricks-and-mortar sales are conducted under the Company’s Canna Cabana brand, CBD product sales are conducted online under the FABCBD, Blessed CBD and NuLeaf brands, and online sales through e-commerce platforms are conducted under the Company’s Grasscity, Smoke Cartel, Daily High Club and Dankstop brands. Its brand Queen of Bud sells products across Canada both direct to consumers and through third-party licensed cannabis stores.

TSXV:HITI - Post by User

High Tide Inc

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Post by HitBidson Dec 10, 2019 3:04pm

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Post# 30440814

Potential Growth

High tide is one of the fastest growing retailer in the current market. With 30 stores at a value of 1.2mil each. I anticipate 12Mil+ revenues this quarter. By end next year they should be around 60 stores, poised to make a run into the US market once it becomes legal end 2020.
They build stores faster then anyone else and with extreme efficiency. With the backing of Aurora and Aphria, they will have no trouble taking quick US market share. $1.25 price target March 2020 after tax loss season ends.

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