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 > Warrants

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Comment by paradinion Dec 12, 2020 11:33am

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Post# 32093181

RE:RE:RE:Warrants

I don't see the value in the Warrants yet.. stocke needs to get to over 40cents before the warrants are worth excercising... warrants at .03 make way more sense at current stock price. having to pay 7 cents for the right to pay 35 cents is a little risky... if they expire you lose everything... the Feb 2023 expiry does give ample time, but HITI still has a little too much debt, and when/if Nasdaq does come, i expect that there will be a large offering diluting shares even further... probably resulting in substantial losses for a few consecutive quarters as they invest such raised money in the expansion in the US..

I am also bullish on HITI but feel buying actual stock provides more direct value at the moment.

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