RE:RE:HITI.WT is a better buy
"Following the completion of the Arrangement, the Listed Warrants, with the exception of any Listed Warrants that have been exercised prior to closing of the Arrangement, will become 40,076,412 warrants of High Tide, each exercisable for one High Tide Share at a price of $0.35 per share until February 6, 2023"
That was the blurb on the META warrants that were exchanged into HITI warrants.The symbol is HITI.WT.
As of close today, the ask price was 7.5 cents. So the total all-in price would be 42.5 cents (buy & exercise). Going on what the other poster said, if the share price hits $1.00, the warrant will be no less than 65 cents (i.e. 65 cents to buy the warrant + 35 cents to exercise the warrant). There is usually a small premium on a warrant's all-in price compared to the underlying stock price so likely this would be more like 70-75 cents per warrant, assuming a $1.00 HITI share price.
70 / 7.5 = 933% profit. That's not bad.
-GLTA and Do your own DD