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 > Nasdaq

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Comment by SpeedJ581on Jan 03, 2021 4:57pm

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Post# 32212272

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Nasdaq

Hammer1 wrote: Are you being serious? You are actually hoping for a R/S? In all my years I have never heard anyone cheering for a R/S. Companies like HUGE thought they had to do one due to their outstanding share count and be able to rally for the Naz at the tune of 201:1. Hexo is one I own that just did one to hold their listing on the Naz. . I would have rather they lost their listing and hustled to get their share price back up than to have done an RS. You are 100 percent correct...my opinion doesn't matter even a little bit. Always long, never have shorted a stock in my life. Need to sleep at night not worrying about my margin.

ACB....LGO....RHT...to name a few more... I can go on and on but for what?

Best of luck

Anyways onward and upward. What was the terms of the vote for the R/S as, like I said, I can't find it anywhere. 10:1? Thanks in advance.

H

You just proved my point. Hexo has revenue on par with Hightide now but even with High Tides recent increase in price HEXO's market cap is more then 5x greater. Let alone the others that you mentioned that are still overvalued.
Hexo may have better cash position (I don't really follow it anymore) and there are other reasons for it to be higher perhaps but still. Different situation and not done for the same reasons.
I will however drop it now as this is going nowhere.

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