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

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Post by thebeston Sep 16, 2021 1:33am

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Post# 33867177

more institution and coverage in hiti

More Institutions and Coverage

Even if the current stock price doesn’t show it, the Company showed and shows a lot of interest from institutions. No less than 27 institutional owners are involved into HITI stock. To date, the latest in is ETFMG Alternative Harvest ETF. Moreover, the big bank Desjardins initiated coverage on High Tide with a buy rating, with an announce price target of C$15. Right now, the stock is clearly under the buy rating price to begin with, and is way more undervalued than its peers according to their fundamentals. This why if you currently own HITI stocks, you shouldn’t be worry as institutions and coverage is here.

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