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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

Post by BLOATEDon Feb 13, 2021 1:40pm
270 Views
Post# 32562142

LEG UP

LEG UPThe leg up this company has in the CANNABIS space is, it is Not a producer. So the risk of oversupply or crop disease or competition from the growth side are not there for this company.
Not to say it can't be affected by supply chains in either cannabis or their retail but the likely hood remains low and thus decreases the volitatiy compared to producers.
So adding up all the other components ( Great management , cash positive, first advantage,brand identity ,sector adoption, past infancy phase of growth, solid institutional backing  EXPONETIAL GROWTH HORIZONS, FUTURE UPLISTING TO NASDAQ.
There are few companies in any sector so well positioned to benefit from there SOLID BASE, and future potential.
PAYience is key here !!!! GLTA
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