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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

Comment by AlwaysHighon Feb 06, 2021 8:25am
196 Views
Post# 32492299

RE:I have a question

RE:I have a question
fayrobin wrote:
Does High Tide need to have the cannabis federal law passed in the States before it can be listed on Nasdaq? Isn’t that why Americans can only buy through some brokers, because it isn’t legal states wide?
 


1. High Tide isn't a producer nor does it sell retail cannabis in the states so cannabis being illegal federally doesn't matter for us.
2. There are already several producers that are listed on the Nasdaq.
3. Americans can only buy through some brokers because HITIF is listed on the OTC market which not every broker supports. Getting listed on the Nasdaq would allow more people to buy the stock.
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