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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

Bullboard Posts
Post by Cannabis1on Aug 24, 2020 8:43am
146 Views
Post# 31444759

Back in for 2m !

Back in for 2m !Hoping it doesn't pop today , still well short of my target of 2m shares. Did my homework checked my sources on the weekend. I think the important detail will be the scale they will have being both the revenue and store leader. I think it bores well to attract a very significant investor. It will also get them on the bigger exchange and be accessible by professional money management. I think the overlap cost savings is significant. At these prices the merged entity is still trading at a significant discount to FaF. You could argue they should trade at a premium. Regardless there are risks for sure but I like my chances. My 1 target is .75-1.50. Glta
Bullboard Posts