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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 FalconMon Dec 03, 2022 10:17am
151 Views
Post# 35148491

RE:RE:RE:RE:70% daily volume shorted yesterday again

RE:RE:RE:RE:70% daily volume shorted yesterday againI've seen so many MJ stocks go on crazy bull runs following the announcement of 100s of millions of dollars in bought deals/share dilution. I really do not think that the sale of shoom's shares, which is such a small company, would have any meaningful impact on preventing the market from correcting High TIde's valuation. Every time canopy's market cap increases by a few percentages its worth the entire valuation of this company. And yet High Tide is superior to Canopy in a number of areas. So the more MJ stocks go up the more this stock is crying out to explode to the upside. Time will tell and I got my position ready and steady. Even if I have to sit through the sp falling to $2 it wouldn't phase me in the slightest. A 15% drop is nothing in the grand scheme of things. But please anyone holding back for a "lower" price I encourage you to do so and sit back while the rocket takes off.
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