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 > Thoughts?

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Comment by SlackerSlaveon Mar 31, 2021 6:49pm

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Post# 32919654

RE:RE:Thoughts?

current market cap is trading at only 3.7 multiple of sales. Considering some in this space are upwards of multiples of 10 or greater, I think there's lots of room for stock price appreciation.

SpeedJ581 wrote:
Great results. 38.3 million even beats guidance. EBITDA of 4.6 million. Gross profit at 14.8. What's not to like! Growing at this pace is going to cost money, you can't ask for better results.

sejd wrote: What are all your thoughts on the quarter?
Looks like sales are up but so is loss?