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 Oldngrouchyon Dec 12, 2020 11:29am

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Post# 32093161

It’s coming

Looking forward to a RS. The liquidity of equity improves after a RS.

An RS will improve the liquify of HITI because the increased share price allows investors to buy on margin. For that reason an RS improves liquify by allowing margin investors better access to HITI.

Also, increased share price improves market perception of a stock. Most institutional investors are more likely to buy HITI if they can justify it to their clients. Low priced stocks are not easily justified.

The NASDAQ listing will put this one into a different world with significant opportunity.

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