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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

Post by JohnnyStonkson Aug 21, 2022 1:47am
487 Views
Post# 34909833

The Raj rocket is about to blast off

The Raj rocket is about to blast off
I think the market is about ready to forgive the dilution and look ahead to where hightide is going. Raj said on Twitter that dilution and expansion via issuing shares will come to a halt until things shake out in the market overall. I think it's a great move because there's really not many places left in Canada for him to start up stores unless it's BC. Scale back everything and get as much bankroll as possible for usa expansion. Also Raj, please jack up the prices a couple of bucks because they are crazy low. I understand the principle that the message needs to be understood that Canada doesn't need a pot shop on every business block so maybe people should stop smoking a joint and decide to go into the weed business. I hear fire and flower are going to drop their prices to Canna Cabana and I think that's a good thing. Both companies want to make money in the long run and the faster the number of overall stores drop, the better and give the industry a dull reputation if people are thinking of opening up 1 or 3 or 5 stores.
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