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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 Ronbromleygrosson May 12, 2021 12:51pm
227 Views
Post# 33183423

RE:Running with the bulls shortly...exciting times ahead

RE:Running with the bulls shortly...exciting times ahead

Oldngrouchy!

Yes good clip there and pay attention to the key words in all this from what Raj said:

"our appeal to potential M&A targets" - wow!!!!!!!

I didn't think this would happen this quickly.    Goes to show you what Raj has been busy and up to.  A lot!!!

We take it for granted but I will say this here again and worth repeating.   Raj is very driven to be number 1 and will not accept anything less.    He surrounds himself with staff who are motivated and driven to succeed to the same levels and standards he sets up for himself.   He doesn't accept subpar performance.  I have a few friends if the same culture and background that Raj comes from. There is a lot of bragging rights and pressure to ge the best of the best.  Failure is not an option.  My guess is that Raj comes from that same mentality and accepts this and thrives on it.  He is very cool and calm in his approach.

I hear some posters worried about the 1:15 r/s and worry we are doomed like Med and some of the other recent Nasdaq listings.   Stop comparing Hiti to the others.  Every company has to be analyzed based on its own fundamentals inclusive if its own business plan and expansion plans s as no must importantly leadership.  Raj is no dummy and understands the risks and opportunities with reverse splits and listings.

Bottom line - we have a upcoming global leader in Hiti.  If you bought shares already then stay the course and do not trade it (buy and hold).  Secondly ignore the bashers and shorters who will probably come out in full force over the next week or so to get you to sell your shares in false and bs reasons why.   


The biggest fear in the markets are your OWN inability to stick with your convictions and the reasons why you bought in the first place.

Full disclosure- Long and strong holding 70k shares and no intention of selling anytime soon.

Today is a remarkable milestone moment.  Nasdaq listing to follow in short order. 

Ron

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