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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 Jun 28, 2021 9:46pm
110 Views
Post# 33464368

RE:RE:RE:Now if the stock price drops tomorrow

RE:RE:RE:Now if the stock price drops tomorrow

The results were good despite a Covid lockdown that kept  the b&m stores pretty much shut down.  Ontario felt it pretty hard.   Call and carry pickups seemed to be the way business was conducted.  Pretty much the results I expected.   $41m revenues is nothing to be ashamed about. 

So what if we get another pullback tomorrow despite the good results posted.   Use your dry powder to add to your positions like I stated earlier today.   I am ready if the opportunity presents itself. 

No need to sulk about it.  Be smart and add too your  shares.   Raj is executing from his end.  He cannot control the pandemic and he does not control the timelines of the re opening of retail businesses.  That is the individual provincial premiers who decide that.  

It will only get better from here.  Those who do not want to hear the same jibberish every quarter are certainly free to sell their shares and move on.  No one is holding a gun to their heads. 

Ron


 

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