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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 SpeedJ581on Apr 06, 2021 9:52pm
137 Views
Post# 32946970

RE:Different perspective

RE:Different perspectiveLOL   Wow...   you didn't do any research. Your numbers on high tide are completely out to lunch. Since the last quarter probably didn't even have 70 stores open for the whole quarter not to mention covid, they did over 30 million in just cannabis sales in 3 months... not including accessories. That puts a store at about 1.7 million a year Canadian. Thats over 1.3 US so your off by a million dollars a store and I'm not including US sales and accessories.

BadgerUSA wrote:
stock price. A subway store does about 418,000 USD a year. Hitide store does about 334,000 USD per year. A McDonald's does about 2.6 million USD per year. A 78 store US cannabis store chain does about 6.7 million USD per store annually. Hightide is still a very small player with low return on capital long way to go to make it on Nasdaq. Will have to do a 3 to 1 or 4 to 1 split.


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