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High Tide Inc V.HITI

Alternate Symbol(s):  HITI

Consumer Cyclical Healthcare Advertising Agencies Cannabis Cannabis
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 Charlotteon Feb 17, 2021 11:34am
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Post# 32584710

globe and mail report hiti

globe and mail report hiti
 
 
 
11:29:32 EST Wed 17 Feb 2021
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High Tide Inc
Symbol HITI
Shares Issued 512,398,824
Close 2021-02-16 C$ 0.84
Recent Sedar Documents

 

Globe says Auxly, others back in investors' favour

 

2021-02-17 09:16 ET - In the News

See In the News (C-XLY) Auxly Cannabis Group Inc

The Globe and Mail reports in its Wednesday edition that the recent run-up in Canadian cannabis stocks -- triggered by the same forces behind GameStop's meteoric rise -- has unleashed a flood of money into a sector that had been largely starved of capital for more than a year. The Globe's Vanmala Subramaniam writes that with investor interest heightened, some cannabis players are taking advantage of the opportunity. Auxly Cannabis announced a bought-deal public offering last week, raising $20-million in the company's first significant raise since last April. Cannabis retailers High Tide and Fire & Flower Holdings each raised $15-million in February. Sundial Growers, the Alberta-based licensed producer whose stock skyrocketed as much as 79 per cent last week after it became the subject of intense speculation on Reddit, raised $74.5-million (U.S.) in early February. On Tuesday it announced a $22-million investment in licensed producer Indiva Ltd., based in London, Ont. "It would have been hard for these companies to raise money or do deals if this was late 2019 into early 2020," said Aaron Salz, principal and founder of Stoic Advisory, a boutique investment company focused primarily on cannabis deals.

© 2021 Canjex Publishing Ltd. All rights reserved.

 
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