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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Comment by stockfyon Sep 06, 2020 3:21am

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Post# 31516316

RE:Reporting update

HITI needs to uplist asap. CSE is not good and does not raise awareness.

HightideHippie wrote:

Canadian Dollar Reporting – Public Cannabis Company Revenue Tracker

In September, Aurora Cannabis (TSX: ACB) (NYSE: ACB), Fire & Flower (TSX: FAF) (OTC: FFLWF), High Tide (CSE: HITI) (OTC: HITIF) and Meta Growth (TSXV: META) (OTC: NACNF) are expected to report. Aurora Cannabis, which hasn’t yet scheduled its conference call to discuss its Q4 financials, has shared a forecast that it expects its adjusted EBITDA to be approximately break-even. According to Sentieo, analysts project that its revenue will increase slightly over Q3 to C$76.8 million, which would represent a decline of 22% from its record quarter a year ago. Fire & Flower, which has scheduled its earnings release for the 15th, is expected to report modest sequential growth as well in its fiscal Q2, with analysts forecasting revenue of C$24.2 million, which would represent annual growth of 118%. High Tide, which is in the process of acquiring Meta Growth, hasn’t scheduled its earnings release, but it is expected to see sales expand by 12% to C$22 million in its fiscal Q3. Meta Growth has taken advantage of a reporting deadline extension for its fiscal Q2, which is now September 11th.