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.

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High Tide Inc > the best coming soon

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Comment by Ronbromleygrosson Sep 01, 2021 5:43pm

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RE:RE:RE:the best coming soon

Prostreet

I am not an expert on the warrants but there are quite a few people starting to buy those in addition to the common shares.

I review and post on stockwits regularly too. Below is a cut and paste I did from a regular poster there named "Adastra" on that board. He is a very smart MBA and professional data and financial statistician and has developed models to see where this can really go based on the great progress being made by Hiti and the institutions now starting to invest and get on board. Based on his analysis below, you could be looking at a 300 to 400 percent gain on the warrants if the common shares hit the $25cdn price. Highly probable imo. I myself put a buy order on the WR's with a limit price of .21 but it hasn't been filled yet. I may have to raise my limit price if I want them otherwise I will probably miss tte biat in them. I was hoping for a pullback but I am thinking it may never hapoen. I would suggest you follow him on stockwits as he posts regularly there and is always giving everyone an update in the warrants. Priceless advise imo .

Good luck to you.

"Based on the developments over the last few weeks, with # of tutes and % ownership by tutes rising, the opportunity for leverage via warrants might not last long. Here is some math to consider if you are investing in warrants:

HITI.WT Ask at C$0.305. 18.2 WTs (C$5.55 now) + C$5.28 (later) can be exercised for 1 share before Feb 2023.

HITI.WR Ask at C$0.25. 15 WRs (C$3.75 now) + (C$8.70 later) can be exercised for 1 share before Feb 2024. Alternatively, you can trade the warrants. Future price (let's say shares at C$25) will be around (or higher if trading at premiums):

WT: (C$25-C$5.28)/18.2=C$1.08
WR: (C$25-C$8.70)/15=C$1.09"