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 > HITI.WT

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Post by Alex1967on Apr 01, 2021 3:30pm

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Post# 32924588

HITI.WT

After many conversations with TD, It was confirmed that the HITI.WT warrants Feb 2023, are exchangeable to HITI shares based on 0.824 HITI share for 1 warrant + $0.29.
If the warrants are trading at $0.5 share, the average cost of HITI shares will be $0.959, which is greater than the spread between the shares and the warrants. There is confusion in the market, the warrants are miss priced. They should be lower by $.10 per warrant. Be careful when purchasing the warrants, you are better off purchasing the shares.

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